FAQ: Country Specific Solutions

• Can we start with our Mauritanian company?
• How will the new UK/EU integrations affect our pricing?
• I want to get into the remittance business for Nigeria – how do I get started?
• If we do not intend to establish a company in the US, due to the regulations, taxes, etc. Is it possible to continue to operate from Ecuador, with payment and correspondent agreements given that we comply with all regulations in Ecuador?
• If we go for the Operator Led Model, are we qualified if we request to be connected to MSBs in Asia & other regions?
• If we select to sign up for the Web/Mobile platforms for payments originating from the USA (beyond just API), do we have the option to use the SP’s platform for the African corridors?
• Our model indicates the fact of using crypto transactions in Asia only (not in the EU), and that instead of connecting user to user, we aim to connect merchants (in Asia) to users (in EU) and merchants (in EU) to users (in Asia). Is this model valid?
• We do not want to hide the fact that we are a crypto company in Asia; however, for EU, we understand crypto topics could be sensitive to most banks. Thus, we prefer to simply utilize the fiat transaction in EU (via an EMI license holder). Can you please tell us how we could be flexible in this case?
• What happens under a RaaS program when you want to use a specific provider in the beneficiary country?
• What is a list of reasonable payout countries that we can get access to by the solution provider when we are setting up our money transfer business?
• When you said an office is needed, do you mean we have to incorporate first and rent an office, or just a virtual office (same as the license holder’s office) while there is likely no staff (of us) to work there?
• Which country/countries is remittance-as-a-service (RaaS) available for?
• Would the PLH be entitled to any revenue for intra-Africa (with no tie up agreements necessary) with or without the usage of the SP’s platform?