Electronic Payment system, Money Transfer

AG00142

17 March 2017

Fact Sheet - Company and other deliverables
Name TBD
Price CHF 6,500,000
Industry Electronic Payment system, Money Transfer
Industry The company is fully functioning and license to operate. Delivered with money transfer website/technology. No clients. The sale inclues a SWIFT application. Banks typically require deposit of 15% of the total monthly transfer amount.
Type of Company Swiss Aktiengesellschaft (AG)[1]
Domicile Zurich, Switzerland
Year of Incorporation 2015
Approximate age of company 2 years old
Paid-up-capital CHF 100,000 (100% satisfied)[2]
License

E-Money, Money Transfer, Asset Management & Fiduciary, Brokerage (FX, stocks, bonds, CFDs, commodities, etc.) and other financial services via certificate of membership from an SRO officially approved by the Swiss Financial Market Supervisory Authority (FINMA) for the supervision of financial intermediaries and for laying down rules of conduct relating to the practice of the profession of independent asset manager.[3] The Certificate of Membership shall authorise the Company to:

(a) carry out credit transactions (in particular in relation to consumer loans or mortgages, factoring, commercial financing or financial leasing);

(b) provide services related to payment transactions, in particular by carrying out electronic transfers on behalf of other persons, or who issue or manage means of payment such as credit cards and travellers’ cheques;

(c) trade for their own account or for the account of others in banknotes and coins, money market instruments, foreign exchange, precious metals, commodities and securities (stocks and shares and value rights) as well as their derivatives;

(d) manage assets (on a discretionary or non-discretionary basis);

(e) make investments as investment advisers; and

(f) hold securities on deposit or manage securities
Turn-key delivery
  • The Company
  • The required Swiss resident director/compliance officer in place and their base responsibility fee paid for the first year;
  • Asset management license setup and first year fees paid
  • Compliance & Procedure’s Manual, AML Procedure’s Manual, Compliance Organisation Structure Manual
  • Custom professional website and online money transfer payment
  • Physical registered office address, paid up for one year.
  • Swiss phone and fax numbers
  • Custom PBX system
  • E-mail addresses
Swiss director/compliance officer The required Swiss Resident Director/compliance officer is provided and paid in advance for a year.[4] Additional directors from jurisdictions outside Switzerland can be added to the board as well.
Website Yes[5]
Registered address Registered office
Closing timeline Approximately 8 to 10 weeks
Corporate documents In good order
Clients 0
Liabilities None (comes with warranty)
Lawsuits None (comes with warranty)

 

 

[1] See Schedule A

[2] The paid-in-capital requirement has been forever satisfied, but the funds are no longer in the company bank account.

[3] The Certificate of Membership is contractually guaranteed by Consultant. The Certificate of Membership shall be established in approximately 4 to 6 weeks from contracting with Consultant and all license/membership fees will be paid up for one full year by Consultant.

[4] The fee paid by MR Consulting is an annual responsibility fee for accepting an appointment and does not include administration work or time, which shall typically be billed at between CHF 175 to 250 per hour, as and if required by Client.

[5] Included in Consultant’s deliverables, the website will be designed to Client’s specifications and Consultant shall pay for domain and host the site for one year.