Glossary

Terms and definitions of the banking world you don’t want to miss.

Articles of Association

Business Bank Account

BIC Code

Business Registration Certificate

Certificate of Incorporation

Commercial Bank Account

Corporate Bank Account

Correspondent Bank

Directors

FX Commissions

FX Spreads

Know Your Customer/Clients (KYC)

Notice of Insurance

Swift Code

Shareholders

Ultimate Beneficial Owner

Excellent

Based on

155 reviews

November 17

Satisfied with onboarding process

Juri

November 2

I've finally found a solution that lives up to its claims;

Brenden

September 29

We love both the client and user experience with Statrys..

HML

85% of our customers open their account in less than 3 days

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Statrys offers multi-currency business accounts with a human touch. Statrys Limited is licensed as a Money Service Operator (No. 19-02-02726) in Hong Kong. Statrys UK Limited is a Small Payment Institution (FRM: 911226) registered with the Financial Conduct Authority in the United Kingdom (FCA).

Statrys UK Limited (FRM: 902805) is also a registered agent of PayrNet Ltd which is an Electronic Money Institution authorised by the FCA under the Electronic Money Regulations 2011 (EMR’s) with firm reference number 900594. The Financial Services Compensation Scheme does not cover electronic money products. No other compensation scheme exists to cover losses from your electronic money account. Your funds will be held in one or more segregated bank accounts with a regulated third party credit institution, in accordance with the provisions of the Electronic Money Regulations 2011.

The Statrys Prepaid Mastercard® card is issued by AF Payments Limited pursuant to a license by Mastercard International. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.