Recent content by earthling500

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    BVI Co applying for UK Merchant Account

    How easy is it for a BVI or Singapore company to open a merchant account in the UK? The very few banks that I have approached advise me that a local resident director is essential. Are there any banks that would overlook this condition? If not, are there any recommended proxy director services...
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    Merchant Account Query

    Hi Helen, Thanks so much for your detailed reply. All my transactions will be billed in GBP to my customers. So if I understand correctly from what you are saying, if my company is registered in BVI and my merchant account processor(MAP) is also within BVI, then my customers in UK that are...
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    Merchant Account Query

    Oh and I forgot to add this bit of information, all payments will be charged in GBP. So I am positive there won't be any foreign currency exchange fee, it is the foreign transaction fee that I am concerned about. Can anyone please clarify this?
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    Merchant Account Query

    Hi guys, I am new here so please forgive me if I have posted in the wrong section or broken any thread rules. I have been through quite a few posts in this forum but have been unable to find answers to some specific queries I have. I am based in the US and am not too familiar with UK credit...