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Details - Information last confirmed on October 16, 2020
Ready-to-go electronic bank in the United Kingdom offering a full range of services: unique IBAN accounts, SWIFT and SEPA payments, Mastercard and Unionpay issuing and acquiring, Visa can be added. Usually it takes several years to get this business started if you are lucky to get through. Price only 5.9M Euro, escrow and negotiations are possible.
-Registered in 2018 in the UK, 1 person is director and shareholder, subscribed share capital 350K euro, no debts, operating cost around 20K Euro pm. -Offices and personnel. UK rep office with 1 representative.
-Authorized EMI license obtained in 2019 (easily converted to a banking license). Current one allows a) Services enabling cash placement on a payment account, b) Services enabling cash withdrawals from a payment account, c) Execution of payment transactions (not covered by a credit line), d) Execution of payment transactions (covered by a credit line), e) Issuing payment instruments or acquiring payment transactions, f) Money remittance, h) Issuing Electronic Money.
-SWIFT code active and published in directory, connected and working in real mode. Company acts as Bank of beneficiary, issues IBAN's for USD, EUR, GBP, RUR (others usually issue only EUR IBAN).
-Corresponding Nostro accounts opened in Europe . All messages, incl. MT103, MT199, MT 202 and others.
-SEPA integrated through European Union bank into this most valuable mode. Cost is around 1 euro while we charge 10 euro or more.
-Unionpay and Mastercard (incl. Maestro and Cirrus) issuing principal membership licenses (usually take 12 months) for ATM, issuing and acquiring, deposit not needed or minimum, installations are completed (usually take 9 months).
-Online system w front and back ends with own source code, crypto exchange module can be included, website is included.
Owner moves to other country. It's a real good deal for serious people wanting to enter the banking world. Owner spent 1.5M euro, 4 years of life working 24/7/365 to develop this project. It's very difficult to start a new project in the banking industry if you do not know all the little details and people.
How we proceed: you sign NDA, I instantly provide main info such as ICA number, SWIFT code, website and license, then within 1 day we will open an account for you so you can see how it works, you provide proof of funds, LOI and mere 500 euro deposit (will be placed at your account with us and wrote off only after negotiations completed). This is not-negotiable because too many curious and not serious inquiries. Price is stated above. Change will take around 2 months.
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