AML, KYC, UBO and many other principles that were unheard of up to a few years ago have become synonymous with any money-related institutions and transactions.
The intentions behind these principles are all noble, and for obvious reasons, regulations got much tighter after that infamous September 11th. However, in the pursuit of being whiter than white, traditional banks are making it increasingly difficult for businesses - especially the new ones - to open a bank account. Opening a bank account shouldn't feel like an arduous task. A difficult mission to accomplish. It should merely feel like a normal, straightforward business transaction.
This is where we come in! You may find yourself in a situation where you're confident that your business idea is great, and that your business model is sound.......but the banks you're contacting are blocking you from trading by making it virtually impossible to open an account for you.
If that's the case, please contact us. We may be able to help you!