UNLIMIT

Opening an account with the UNLIMIT payment system (Cyprus)

Cost for the private persons from 0€

Cost for the legal entities from 300€

Opening Term: 1 week

Remotely: yes

Unlimit, a financial company (formerly CardPay), was founded in Cyprus to develop and support IT businesses. Unlimit is not a bank, but it holds all the licenses needed to provide financial services, including opening and servicing a corporate multi-currency account, accepting and processing online payments, issuing payment cards, and providing internet banking for managing funds.

Open an Account with Unlimit

The Unlimit payment system opens corporate accounts for:

  • IT activities

  • innovation

  • e-commerce

Unlimit does not open accounts for offshore companies. You can open an account with Unlimit without a personal visit to Cyprus. Opening an account in Cyprus for an IT company can take as little as 1 week. The Unlimit payment system offers physical and virtual Visa, Mastercard, and UnionPay cards. Corporate clients can also use the Unlimit Crypto suite of services: electronic wallets for buying fiat and NFTs.

The standard time to open an account with the Unlimit payment system is one week, and an urgent account opening within 48 hours is also available.

Unlimit follows the "know your customer" principle and reserves the right to request additional documents in each individual case. This may extend the account opening time, and the account application may also be declined without explanation.

For questions about opening an account with the Unlimit payment system, contact Maira Consult.

UNLIMIT advantages

1

Services for IT business and E-commerce

2

Multi-currency accounts

3

E-wallets for purchasing fiat and NFTs

4

Card acquiring services

5

Online banking

General Information

Types of accounts

Corporate accounts.

An account for an individual can be opened only if a corporate account is available.

Personal visit

No personal visit is required: the account opening procedure is online.

Service rates

Business account opening fees are individual and depend on:

  • the country of company registration
  • the ownership structure
  • the specifics of the business activity
  • planned turnover
  • the number of payments

Useful information

Unlimit payment system website: www.unlimit.com

Stages of account opening

01

Preparation of documents

To open an account with Unlimit, you fill out our questionnaire and provide information about the company's activities and counterparties. Together with the questionnaire, you need to provide the company's corporate documents and the personal identification documents of the director and beneficiary.

02

Analysis of documents

Our specialists analyze the information and documents provided and complete the Unlimit payment system questionnaires.

03

Submission of documents

We send the completed set of documents for opening an account with Unlimit to the manager for review.

04

Passing verification

The company's director and beneficiary complete online verification. Documents are signed via DocuSign. An online call with the manager is held on an individual basis.

05

Compliance Check

At this stage, Unlimit verifies the client and may request additional information about the business activities and the source of funds.

06

Account opening

After the account is opened with the Unlimit payment system, the manager sends the client the details needed to start working with the account. An expedited account opening procedure within 48 hours is available.

Answers to the Most Common Questions:

To open an account with Unlimit, you must first provide corporate documents and information about the owners and the company's activities, and go through identification and a compliance check. Maira Consult specialists help prepare the document package and support communication with the payment system. The final decision on opening the account is made by Unlimit.
Yes, for corporate clients Unlimit provides an online procedure for submitting documents and for the client's compliance check. The identification method and the list of required documents depend on the country of the company's registration, its ownership structure, and its business activities.
No, Unlimit is a financial provider that offers payment services and business accounts. A corporate account lets you receive payments in various currencies, make international transfers, and manage funds online.
An Unlimit account will be a convenient tool for IT companies, SaaS, e-commerce, and other types of international business that receive payments from foreign clients and settle with counterparties in different countries. Whether a company can be served depends on its type of activity, country of registration, ownership structure, and the geography of its payments.
Yes, but the possibility of opening an account for a specific company with a Ukrainian owner must be agreed on an individual basis. The review takes into account the citizenship and residency of the owners, the company's jurisdiction, the nature of its activities, and the source of the beneficiaries' funds.
No, a corporate account and online acquiring are separate Unlimit services. Opening a business account does not mean acquiring is connected automatically.

Other payment systems in this region

TitleCost from (EUR)
EXANTE0
OROPAY600
SOLIDGATE500

Our Contacts

Phone

+380 97 527-66-30

Client Relations Department

+380 73 427-66-30

Email

[email protected]

Address

Kyiv, 01054, Ukraine,

40B Ivan Franko St., office 207

Legal information

MAIRA LLC

EDRPOU code: 38202700

Jurisdiction: Ukraine

Working hours

Monday to Friday: 09:00 to 18:00

Saturday and Sunday: closed

We respond to inquiries within 15 to 30 minutes during working hours

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International Law Company Maira Consult