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  1. SysOp's Avatar

    Merchant Account for non EU citizens, why not?

    by
    SysOp
    , 02-23-2010 at 01:41 PM
    Well, one of the common questions we receive from clients are why we are unable to open Merchant Accounts for businesses outside of Europe and why we can register companies in the Seychelles, Belize and BVI but can't open merchant accounts for such companies.

    The answer seems as easy as the question, according to Visa and MasterCard cross border regulation it is not allowed for a bank in Europe to take on merchants which not have a EU presence, that means companies located in the ...
    Categories
    Cyprus company Formation , Forum Blog , Merchant Account
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