The cost of opening an account: From 750 EUR
The cost of opening an account:
From 750 EUR

General information

Name
Sepaga Electronic Money Institution
Country

Cyprus

Official site
www.sepaga.com
Faunded
2 016
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
Employees
English-speaking staff
Security
High

Account

Terms of opening for admission (days):
14
Opening terms for cancellation (days):
14
Recommendations:
Не требуется
Description of activity:
Required
Account type:
Personal, corporate
Types of accounts:
Personal, corporate
Departure to the bank:
Not required
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
Account opening, probability:
Calculated and perceived
Particularities during account opening:
No

Terms

Balance, minimum:
0 €
Limit of transfers (per month):
More than 10000 EUR. It is necessary to provide documents that confirm the origin of funds
Transaction speed:
1-2 days

Services and costs

Cost of translation:
Minimum transaction is 20 EUR. Cost of transfer is 0,07% + 1% if the transfer is in foreign currency
Cost of enrollment:
Minimum transaction is 15 EUR. Cost of crediting is 0.05%
Cost of account maintenance:
3,60 EUR per year
Credit card restrictions:
No restrictions
Insurance for credit cards:
No information
Access to the account:
Internet banking
Bank services:
Crediting, deposits
Bank cards:
MasterCard