Sepaga Electronic Money Institution

General information

Name

Sepaga Electronic Money Institution

Country

Cyprus

Official web-site

www.sepaga.com

Bank history

SEPAGA - E.M.I. (Electronic Money Institution) is a company that is licensed and regulated by the Central Bank of Cyprus. The main activity of SEPAGA is the issuance, distribution and redemption of electronic money. The company offers international corporate clients a number of financial solutions for managing funds and global payments. Sepaga Electronic Money Institution is associated with banks, payment service providers and card processing companies

Founding date

2016

Account Opening Terms

Recommendations

Not required

Description of activity

Required

Account type

Personal, corporate

Accounts types

Personal, corporate

Required documents

Standard package of documents: photocopies of the company's apostilled constituent documents, photocopy of the passport of director/trustee/beneficiary, description of the client's business, completed application form

Transaction speed

1-2 days

Minimum balance

0

Limit of transfers (per month)

More than 10000 EUR. It is necessary to provide documents that confirm the origin of funds

Account opening nuances

No

Account opening, possibility

Calculated and perceived