How to open a payment system account in WeLimit
Main characteristics and experience with the payment system
Cost
2750 USD
Beginning of cooperation
November, 2021
Last contact
July, 2022
Last update
September, 2023
Being professional intermediaries, we are limited in giving public opinion about some financial institutions. Please contact us directly to obtain more detailed feedback.
- It is possible to open a current account;
- It is possible to make payments in EUR, USD and other currencies;
- No minimum balance requirements;
- The payment system plans to launch internet-acquiring of bank cards after that it will be possible to open accounts for the clients of gaming, betting;
- Open accounts for offshore, including UAE, case by case;
- Active Internet Banking;
- There are two options for details (check with a consultant);
- Possible to issue cards
Cost
2750 USD
Beginning of cooperation
November, 2021
Last contact
July, 2022
Last update
September, 2023
General information and GSL rating
2021
Year of foundation
UK
Country of license issue
FCA
Regulator
GSL rating
Year of foundation
2021
History
Founded in September 2021
Personnel
The staff communicates in English
Compare payment systems
Minimum requirements
No restrictions
Minimal turnover, €
0
Minimal balance, €
Yes
Do they work with offshore companies
Yes
Do they require a substance
Minimal turnover, €
No restrictions
Restrictions by jurisdiction
Open accounts offshore, including UAE, case by case
Tariffs and services
100
Array
50
Array
712
Account maintenance, €/month
0
Acquiring commission
Account opening procedure, €
The fee for opening an account is 300 GBP. The fee for closing the account is 100 GBP
Array
Transfer fee (SHA) is 0.2% (min 50 GBP - max 250 GBP). Transfer fee (SEPA) is 0.2% (min 30 GBP - max 60 GBP)
Array
Fee for incoming payments is 0.1% (min 30 GBP - max 120 GBP)
Account maintenance, €/month
The account maintenance fee is 50 GBP per month
Other services
It is possible to issue cards
Account opening procedure
Account opening terms
Case by case
Possibility of remote account opening
Yes
Business description
Detailed
Types of accounts
Current
Document requirements
Completed bank forms; copy of client's passport; proof of address; standard set of corporate documents. Corresponding account statements, business plan are also needed
Possibility of remote account opening
It is possible to open an account and be identified remotely. If you wish, you can arrange a personal meeting with the manager
Types of accounts
Current
Chances to open an account
Predictable
Business description (text description)
Requirements for the description of standard activities: a story about the current state of the business and its formation, disclosure of the source of funds, biography of the beneficiary of the account and contact information
Add a comment