how to transfer revenue to my nemkonto (Revolut) legally?

Hello ,

I have a small company (CVR registered 18 months ago). I converted from IVS to ApS. My nemkonto is with Revolut (Lithuanian, EU)

I have "samarbejdeaftale" with another company. They will give me orders and I will complete it. They have provided payment terminal.

Customers pay with card, and money goes to their account. They will transfer my revenue to my account after their charges.

Later on I have to pay salaries, insurances, finances, taxes etc..

Now, the other company has limitations to send money outside Denmark. They cant send money to Revolut. A Danish bank account is good for them.

From 18 months I was in contact Danish banks, they declined me. So I go to the Revolut.

Does any company can provide a service to transfer my revenue from Denmark to Revolut (Legally)? Should i approach a lawyer? If so which type of paper work i should have.

Please let me know.

Thank you

MVH

AMVA1929

Thank you. I spoken to WISE. They will not do this kind of transfers since my bank is Revolut (both are competitors).

I have arranged this Revolut setup only because Danish banks have rejected me to have an account. 

Reason 1: is huge debts. How debt has impact on my company account? I didn't asked for a loan, I need an account. Credit score is logical if applied for a loan. (This reason is indirectly preventing peoples to live with their dreams). I was unemployed for 1.5years and started this project with lots of hope.

It gives an impression poor man doesn't have a chance to operate a business in Denmark.

Reason 2: Current private bank should give you an account. Private bank rejected by X reasons, why the 2nd bank is depended on private bank. 

Reason 3: We are not obliged to give you a reason. This is awful to listen. 

Very sorry speak like this but i have no words. I am searching for an account from 18 months.

One should be punished if involved in money laundering or terrorist funding. But I am not.

Thank you.

MVH

AMVA1929

so you can not open a bank account in denmark, they will not let you do this. wauw. im also speechless. this is like no freedom at all and discrimination toward people with debt or of foreign ethnicity. also the danish banks have started to take money from people with x amount of money in their bank account they make usury and take a percentage of their money. i am so sorry to hear this and hope you can find some solution.

Thank you for your thoughts. 

I guess it can be monitored by Finance ministry of Dennmark. Revolut is in the approved banks list by Finance styrelsen. I wonder why those customer accounts got removed from Revolut. I am a member with Revolut since from one year with minimum subscription and it works perfectly fine. One can subscribe to finance insurances if worried about funds in the banks.

Government departments have sent returns to my nemkonto with Revolut. But I am struck with my partners internal policy to not send money outside Denmark (may be afraid of money laundering issues).

I posted here to find a solution if some advocate or any company can facilitate money transfer complying with anti money laundering law. Because in general money transfer considered as money laundering but my case is completely different.

BR

AMVA1929

It is not the finance styrelse DK monitoring - they just have approved it as e-money institute - but they are under the finance institute of Estonia as I remember

Their freezing of certain accounts are legal as it is. IF they doubt a transaction or just- worry about it, they may and shall freeze an accound - and can close it - but of course the money will be free to go another bank - IF one can find one to take it - AND the time it takes, to many feels as ages

br John Hannover

br John H

Amva1929:

Great. Digital styrelsen have signed Nemkonto, Finance styrelsen included in their list of banks. Do we still need to suspect Revolut? I think no. These are all government departments. Registration of nemkonto with a foreign bank made based on Danish regulations

br John Hannover

Thank you.

Good news is that at least i can run my business with Revolut.

My partner issued his terminal (part of the agreement). So all the payments will be made in DK. He pool up all the payments in to one and transfer to me once a month. His limitation is only danish Bank. 

So my task is to find a solution if any advocate or a company to facilitate this transfer. First transferring to a advocate account and then to Revolut. Of course after proper agreement. 

What I must consider if I make an agreement with advocate or money transfer agent?

Also I spoke to one of the Danish bank today. His questioned if I have any loans. I replied yes, he offered account only if I can make loan amount to 'ZERO'. It looks like after 10 years I can make it 'ZERO'. So until then I must wait to become old after few years I go to old age home. What a funny bankyy reason.

MVH

AMVA1929