Chosen Money Services is a payment and financial management platform. Although it is not a bank, Chosen Money Services provides a payment platform enabling companies to avail themselves of specific regulated services offered by our trusted partners. These services include business accounts, currency conversion, SEPA, SWIFT, and more.
Usually, it takes 2-4 weeks after you have submitted relevant documentation for our partner’s professional compliance team to perform the review and open the account.
Account opening with Chosen Money Services is 100% digital. You will be able to get your dedicated IBAN right after you pass the online onboarding. It can be done in 1 to 3 days after you’ve been approved by our partner’s compliance team.
We can only provide access to our platform for companies registered in the European Union, EEA, and the United Kingdom.
We can accept 95% of all companies in a broad variety of different industries. If you are unsure whether we can take you in as a client, please sign up to speak with a representative who can share our and our partner’s risk appetite.
We take things like the type of business account and business needs into consideration when calculating your monthly fee. Contact a representative to hear about our pricing structure.
For Accounts, Payments, FX in EEA & the UK our Partner B4B Payments are powering every transaction.
https://www.b4bpayments.com/prepaid/
UAB B4B Payments Europe is authorized by the Bank of Lithuania as an Electronic Money Institution (Licence No: 76) under the Law on Electronic Money and Electronic Money Institutions 2011.
https://www.lb.lt/lt/finansu-rinku-dalyviai/uab-b4b-payments-europe