JOHNNY DOETHE LIFE WHISPERER

New Openings / Business as usual during Covid Quarantine

StoredValue

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StoredValueNew MemberAuthor
Joined
Mar 2020
Messages
16

#1

Hello,

Newly registered to the forum - though I've been lurking for some time.

My question today is whether anyone has had any luck with New Account openings among the quarantine. One of my businesses had very bad luck, in that we had to abandon our old method of payment processing right as this fiasco began - now we are stuck without a proper solution, and thus losing thousands of dollars per day for some weeks now.

I am locked down in the Ukraine, and thus will be unable to attend any in person appointments, this paired with my lack of KYC documentation (suppliers, etc), and banks and governments limited staffing during the crisis is making it seemingly next to impossible to get a new entity and account opened.

We are looking for:

  • Reliable Bank (not EMI)
  • High Risk Merchant Account for Digital Goods (limited KYC we can pass, and no substance established - Proving substance also hard to accomplish during this pandemic)
  • Potentially a new business entity. Currently we are incorporated under a Seychelles IBC.

Some experience and guidance here would be appreciated. As I understand, the alternative is maintaining Darks, perhaps some EMIs + rotating merchants, though this seems like quite the man hours to maintain, and would still require a reliable bank to funnel the EMIs balances to.

GediminasEstablished Presence
Joined
Oct 2019
Messages
1,727

#2

StoredValue said:

My question today is whether anyone has had any luck with New Account openings among the quarantine.

Doing this on a daily basis. ;) Feel free to email me. Depending on your business activities, I might be able to help.

StoredValueNew MemberAuthor
Joined
Mar 2020
Messages
16

#3

Gediminas said:

Doing this on a daily basis. ;) Feel free to email me. Depending on your business activities, I might be able to help.

Thanks, I have contacted you in Chat (Both here, and your website)

JohnLockeOffshoreCorpTalk owner
Joined
Dec 2008
Messages
15,888

#4

In most countries officials have closed down and some may even work at home so it's almost impossible to get anything notarized or certified or even request new documents in the time of COVID-19.

But maybe @Gediminas is able to help you anyway, it's worth to try it and as I read you already contacted him.

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