A few days ago we posted a video about the struggles of SMEs to open and keep a bank account, as well as the partnership between Air Corporate and Statrys, a neobank based in Hong Kong.
Following this video, we received many questions regarding this partnership, and will try to answer most of them here today.
Statrys is a digital banking platform that allows SMEs to get access to a bank account, make and receive payments in many jurisdictions, and access attractive foreign exchange rates… So pretty much all the services offered by a traditional bank, except that the experience is tailored for SMEs and designed to offer them a frictionless experience.
Statrys is not a bank. It is a neobank licensed as money service operator registered in Hong Kong and a Small Payment Institution in the UK. Pretty much the same as many challenger banks in Europe.
This means that the funds of your company are held by Statrys partner’s bank, which one of the largest ones Asia. Statrys acts as the client interface for all the business finance operations of your company such as payments, money transfers, notifications, statements.
The whole purpose of Statrys is to make the client experience simple, fast and user friendly.
The account opening process takes a few days only, and actually less than 48 hours if you register your company with us at Air Corporate or if you appoint us as the Company Secretary for your Company. We will also help you coordinate with Statrys to open your account, free of charge.
And the most important: the whole onboarding is done online and in a few clicks, meaning that you do not need to travel to Hong Kong to open your Statrys account.
The current version of Statrys allows your company to do 3 main things:
Statrys will soon be releasing debit cards. It also allows your company to also open local accounts in Europe or the US, which is great for online sellers. We will post another update on these features later on.
Our partnership with Statrys allows you to enjoy the following perks:
In conclusion, if you have a problem opening a bank account for your company, or if your company bank account was frozen or closed, we can help.
As usual, please contact us for more information about Air Corporate or Statrys.
Reay to open your business account and register your company? Sign up today!
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