At present, opening an account with foreign banks (personal and corporate) is an extremely difficult procedure. The laws of individual countries and international law are constantly being tightened, which is why banks are beginning to classify foreign customers as high risk. And some financial institutions to avoid problems with the law completely refuse to serve non-residents.
But why use banks when you can open an account with PayPal?
Yes, this may seem like a rational solution to a similar problem. PayPal is currently one of the most famous (if not the most famous) payment systems in the world. And, for example, every citizen of the United States, having reached the age of majority, can open a PayPal account in a few minutes and immediately start conducting online business. But there are a few “BUT”.
- PayPal (like most well-known electronic payment systems) do not have the option of dividing customers into groups depending on the category of their business.
- Unprofitable exchange rate.
- The client’s accounts are automatically frozen upon receipt of a complaint (or question) sent by the correspondent bank.
- When sending money, a note on the recipient of funds is required (name of a private person or company name).
- Most of the well-known payment systems specifically perform customer checks. And at any time you risk receiving a denial of service (if the resource considers your financial transactions illegal, etc.).
In order to avoid all the negative situations described above, we recommend choosing specialized electronic payment systems that provide their services to a narrow range of businesses. Opening an account in such resources takes no more than 10 days (starting from the moment of application submission, and ending with the receipt of an account ready for use).
You can choose from two specialized options:
- Resources that provide their services only to individuals.
- Electronic payment systems specializing in servicing corporate clients.
Higher reliability and speed of opening accounts is due to the fact that specialized electronic payment systems work according to a completely new business model and approach customers differently. At the same time, you get a complete set of financial instruments necessary for doing business around the world.
Our company’s specialists will help you choose the most suitable electronic payment system, prepare all the necessary documents in the shortest possible time and successfully register an account for you within 10 days.
For more advice, contact us at the contacts listed on the site.