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Opening an account in Sends payment system (UK)
- Price:500 EUR
- Term:up to 5 days
Sends is a financial services company based in London. The legal name of the payment system is Smartflow Payments Limited.
Since 2017, it has been offering a variety of payment solutions as an FCA-authorized electronic money institution (EMI). Its goal is to improve the banking experience by providing an effective alternative to traditional bank accounts.
Aimed at both individuals and companies of various types, including entrepreneurs, startups, and e-commerce.
- Sends opens accounts in GBP, EUR, and USD with a direct IBAN
- Works with SWIFT, SEPA, and UK Local Payments
- International transfers available in GBP, EUR, and USD
- No limits on payment amounts or number of transactions
- Virtual Mastercard debit cards available for individuals
- Acquiring services available
- Work through the Sends mobile application (transfers, payments, salary payments)
- Do not serve crypto companies, gaming activities and do not work with sanctioned countries
- Focused on the IT sector, international trade, and commodity trading
Sends opens accounts for individual and corporate clients only from Britain.
Financial institutions making payments on behalf of other financial institutions, Shell Banks and unregistered charities are not eligible.
Current accounts for personal use and business areas. There are acquiring services (mass acceptance of electronic payments).
The account opening procedure is remote, with client identification and verification completed online. The client completes the application form and provides all required documents, and after passing the compliance check, Send opens the account. Proof of residence in the EU/UK is required.
Please note that according to international account opening standards, each payment system is required to adhere to the KYC procedure, therefore it will require documents and data confirming identity, business and wealth for identification. Also, a financial institution may, based on its internal rules, refuse to cooperate without giving reasons. In order to avoid such negative consequences, contact specialized lawyers for a preliminary consultation on opening foreign accounts, and we will tell you all the nuances of how to open an account in the Sends payment system.