kingofdawn
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hello
I hope this is the right forum to ask my question.
Basically, we are trading in two European countries, having our headquarters in the UK. We do not have any offices or staff in the second country but have customers and suppliers there. We need to pay money and receive money in a local currency. Now, opening a business bank account there is a real pain in the ****.
I was wondering if there is a company which would offer something like paypal do - online "account" with multiple subaccounts in different currencies (we do not need to convert money too often, just keep two separate balances in different currencies).
The key problem is that we need to make payments to local bank accounts, not email addresses and also receive money using local bank account number (not an email address) - efectively like PayPal but instead of using email you use real bank account numbers. Is there any company that would offer options like that?
Please note, it is legal and we do not need to open a local branch there - it works fine except the fact it's difficult to open a bank account there or it's expensive and long procedure.
Any help appreciated.
A.
I hope this is the right forum to ask my question.
Basically, we are trading in two European countries, having our headquarters in the UK. We do not have any offices or staff in the second country but have customers and suppliers there. We need to pay money and receive money in a local currency. Now, opening a business bank account there is a real pain in the ****.
I was wondering if there is a company which would offer something like paypal do - online "account" with multiple subaccounts in different currencies (we do not need to convert money too often, just keep two separate balances in different currencies).
The key problem is that we need to make payments to local bank accounts, not email addresses and also receive money using local bank account number (not an email address) - efectively like PayPal but instead of using email you use real bank account numbers. Is there any company that would offer options like that?
Please note, it is legal and we do not need to open a local branch there - it works fine except the fact it's difficult to open a bank account there or it's expensive and long procedure.
Any help appreciated.
A.
