If you deal in cryptocurrency trading or licensed Forex operations, you will be interested to learn about an effective financial solution that is available today. We invite you to consider setting up an account with a payment system that is integrated with a crypto exchange platform. You can open an IBAN euro account in Great Britain and you can do it without leaving home.
If your business is connected with the cryptocurrency industry, you know very well that far from all banks are willing to cooperate with you. Those who are, will normally charge high commissions because yours is a high-risk business, in their opinion.
There is a good way out of this unpleasant situation, however. You can open an account with a PSP (Payment Service Provider) instead of a traditional bank. Such financial institutions will gladly service high-risk businesses too. With our assistance, you can choose the PSP that suits your commercial purposes best of all.
Here we are bringing to your consideration a British PSP that specializes in servicing individuals and business companies involved with cryptocurrencies.
As a matter of fact, two companies provide financial services under one brand name. One of them is registered in England and Wales, and the other one in Lithuania. Both companies hold licenses that authorize them to provide the abovementioned services. You can establish a euro account with this PSP and make transfers within SEPA zone. You will have your own unique IBAN with this payment system. In other words, for an outsider such as a partner or a client, your account details will look exactly the same way that they look when you have an account in a traditional European bank. You will be able to make all kinds of payments such as bills or salaries, for example, and you will be able to receive payments from other banks, stock exchanges, and other financial institutions.
It is important to note that all the PSP clients’ money is kept at a European central bank.
A corporate account with the British cryptocurrency exchange platform
Actually, the PSP can open three kinds of accounts for you: a personal, a corporate, and a crypto exchange account. We will gladly help you set up any type of account in Great Britain but here we would like to focus on the corporate account integrated with the crypto exchange platform.
This account allows receiving payments to, and making payments from, a dedicated IBAN account that is identical to a normal bank account. At the same time, the account is integrated with the cryptocurrency platform, which makes it possible to transform your digital money into fiat money and then make transactions in euros.
The following types of companies are the primary clients of the British payment system that we are promoting here:
- Companies involved with crypto business of any kind;
- Licensed Forex trade companies.
The PSP will deny service to unlicensed Forex traders. In addition to that, it does not service companies dealing in adult content, BADS (Bioactive Dietary Supplements), pharmaceuticals, unlicensed gambling business, and other suchlike activities.
The British Payment Service Provider will open an account for the companies registered in the following jurisdictions:
- EU and European Economic Area that also includes Liechtenstein, Switzerland, Gibraltar, Malta, Cyprus, and the Channel islands;
- Hong Kong;
- The United Arab Emirates;
If you come from some other country, you can still count on acquiring service from the PSP but on an individual agreement.
Requirements to opening a corporate IBAN account with the British PSP
- You will have to supply your personal details such as name and address by completing a special form online;
- Besides, you will have to supply basic information about your company: its country of registration, form of ownership, business activity types, etc.
The PSP managers will check the information via the Internet. If some of it is missing or inadequate, they will request some confirmation documents from you. This is the reason why we recommend that you prepare carefully for the application in advance and have notarized passport copies, proofs of address, and corporate documents at hand.
There is no minimum initial deposit nor minimum account balance requirement with the British PSP. Their corporate account opening fee is 500 EUR.
Normally, the account will be opened within five to ten business days.
Please note that ONLY EURO ACCOUNTS ARE AVAILABLE!
PSP account management
You can manage your account with the British PSP remotely including crypto to fiat currency exchanges and all transactions. The access to your account information can be gained via the Internet. The PSP website is in English and it is intuitively understandable and user-friendly.
There is no account maintenance fee unless you opt for a premium corporate account. If you do, the account maintenance is going to cost you 500 EUR per month but all other services, including a personal manager, will come for free (there may be exceptions, though).
The procedure of opening a corporate IBAN account integrated with a crypto exchange platform
- Please write to us to email@example.com obtain detailed information about opening an IBAN account for your crypto business.
- Supply the necessary data to us so that we can ascertain that this British PSP will suit your purposes well. If it cannot, we will make other proposals to you.
- Cover the cost of opening an account with a European payment system that starts at 2,999 EUR.
You can pay us in Bitcoins or via a payment system such as Web Money, Western Union, or Money Gram. Of course, we also accept payments made by traditional methods such as a bank transfer or credit card.
- Supply the required company details and corporate documents to us.
- We will establish the account for you and activate all its functions. You can use the account to the full extent after five to ten days since the day when the PSP management receives all the application documents.
This is a clever solution for any company dealing in cryptocurrencies. Now is the right time to make full use of it! Please apply for this service without any further ado! Our contact address is firstname.lastname@example.org.