WITHDRAWAL FUNDS FROM BLOCKED ACCOUNTS: QUICK SOLUTION VIA A NEW SWIFT/SEPA ACCOUNT

Modern banks and payment systems are increasingly resorting to blocking corporate accounts.

We offer a quick solution for withdrawing funds from European banks and fintechs – WISE, Paysera, 3sMoney, Bilderlings, Revolut and others

Reasons for blocking accounts:

Tightening of compliance and AML (anti-money laundering) policies
Suspicion of transit or high-risk activities
Inconsistency of documents, sources of origin of funds
Working through offshore jurisdictions or sanctioned countries
Non-residents with insufficient connection to the bank’s jurisdiction

As a result, the company loses access to working capital, and the unblocking procedure drags on for months – or becomes impossible.

FAST WITHDRAWAL OF FUNDS FROM A BLOCKED ACCOUNT

Quick withdrawal of funds from a blocked account is possible by opening an alternative account with direct IBAN details (SEPA, SWIFT).

This is especially relevant for:

Offshore companies (BVI, Belize, Seychelles, etc.)
European companies (Estonia, Bulgaria, UK, etc.) with blocked accounts in the EU
Companies in the field of IT, consulting, marketing, logistics and trade
Companies with remote owners (non-residents)
Businesses that urgently need to accept or withdraw funds in EUR, USD

To get advice

Get a free consultation on how to open an account for withdrawal of funds

ALGORITHM OF ACTIONS

Initial analysis of the situation
Legal assesment of blocking, amount of funds, jurisdiction of a company.
Choice of right solutions
We offer a bank account accounting with direct SWIFT/SEPA details, not in a bank, but in a licensed payment system. An account for a company or under trusted management.
Preparing of documents
A set of company documents, passport and confirmaion of a beneficiary’s address
A bank account opening and approval of payment acceptance
Quick account connection (3–5 business days). Verification of the transfer purpose and source.
Transfer of funds from a blocked account
Options: direct payment (if an account is partially operating), through third jurisdictions, or signing of documents with a bank to transfer the balance.

WHICH DOCUMENTS ARE REQUIRED

Company statutory documents (Certificate of Incorporation, Articles)
Passport and proof of address of the beneficiary
Bank statement of the account beneficiary (any bank statement in PDF format will do)
Proof of signature authority (if the account is opened in the name of an authorized person and not the beneficiary)
Email and phone number for linking online banking
Documents on the transaction (bank statement for a closed account, invoices, contracts)

AVAILABLE FUNCTIONS OF THE NEW ACCOUNT

Personal IBAN in EUR and/or USD
Receiving and sending payments via SEPA, SWIFT
Оnline-banking

Ability to work with various jurisdictions (including offshore)
Support for high-risk areas (subject to agreement)
Without physical presence

DETAILS OF A NEW ACCOUNT

EUR DETAILS

Bank name: Citibank

Bank address: 1 North Wall Quay, International Financial Services Centre (IFSC), Dublin 1, Ireland

IBAN: IE64CITIхххххххххх

BIC: CITIIE2X

NAME: YOUR COMPANY

USD DETAILS (LOCAL)

Bank name: Citibank

Bank address: 111 Wall Street New York, NY 10043 USA

Routing (ABA): 031100209

SWIFT code: CITIUS33

Account number: 7058924000ххххххх

Account type: CHECKING

Account name: Your company

USD DETAILS (SWIFT)

Bank name: Citibank N.A., Singapore Branch

Transfer type: Wire (SWIFT) transfer

Bank address: 3 Changi Business Park Crescent, #07-00 Singapore 486026

Bank code: 7214

Branch code: 001

SWIFT code: CITISGSGXXX

Account number: 87990ххххххх

Account name: your company

To get advice

Get a free consultation on how to open an account for withdrawal of funds

WHY IT IS WORTH USING OUR PROFESSIONAL SUPPORT

Opening an account 2 times faster
Individual analysis of “high risk” cases

Communication directly with the manager, not through general support
Support at all stages

OUR TEAM

Yevhen Sarafanov

Owner and CEO LOCMAN ICS LTD

Ludmila Chilik

Corporate and tax lawyer (Europe, USA, East Asia, UAE)

✔Reboot your business with us