Sun Hill Assets specializes in license structures for forex brokers, Casinos, E-Gaming, and banking in locations such as Labuan LFSA and several offshore jurisdictions, including Saint Lucia, Saint Vincent, Mauritius, and Seychelles.
In today’s environment, the most important thing is good banking; this has gotten to the point Meta Quotes, one of the largest forex trading platforms, won’t allow a broker to use their trading platform, MT4 or MT5, unless you have a proper Brick And Mortar bank account, this means EMI’s that offer Multi-currency account or IBAN’s to receive client funds will not work.
EMIs or Digital Banks like Openpay, Tazapay, and The Kingdom Bank, to name a few, are widely used to collect client funds. Still, the main issue with this type of account is that it uses someone else’s payment rails and constantly changes who it uses. On top of all this, it only offers service to some regions; it is like a maze trying to find the best service partner.
Moreover, as I mentioned earlier, brick-and-mortar banks can be challenging for onboarding, especially for those in the higher-risk categories. Even regulated entities such as LFSA, FCA, and brokers face difficulties. However, we have a proven track record of assisting clients in opening accounts with several major banks, including Maybank and JDB Bank.
One of our prime partners at the moment is JDB Bank or JDB Development Bank, a 15-year Development bank located in Asia that is very well known and works with EMIs such as Wise.com; we have had great success in helping clients open USD, THB, and CNY accounts. In addition, our partners offer a Digital Currency On-Ramp and Off-Ramp.
JDB Bank and Maybank meet Meta Quotes requirements as a brick-and-mortar bank.
Let Sun Hill Assets help you navigate complicated world structures and banking.
RGRDS
Timothy Blanchard
General Managing Partner
Sunhillassets.com services are provided by Sun Hill Services LP (UK Reg SL035113), SH Capital PCC LTD (L.F.S.A. No PCC 17137), Silverbrook Capital Management Ltd (04300718), Kiwi Payment Ltd (2024-00663)
sunhillservices.com – shcapitalpcc.com – silverbrookcm.com – kiwipayment.com
SH Capital is licensed and regulated by Labuan LFSA as a mutual fund private service custodian and issuer.
Silverbrook Capital Management Ltd is authorised and regulated by Financial conduct authority (FCA) with Financial Services Licence No. 208259.
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