U.S. NEO BANK (Digital Bank) - for sale $299,000

This Financial Institution is registered in Montana and approved by FINCEN (part of the U.S. Treasury). Companies registered in Montana are not required to hold an additional license, that being a Money Transmitter License. The FINCEN registration/approval comes with All States & Foreign Flag permissions. The allowed transaction flow is electronic payments via bank transfer or card payments. Under the scope of this license, cross border payments are also permitted.

The Neo Bank has never traded, so there are no penalties, Fines or restriction of business activities. In turn this negates the need for in-depth due diligence. In the sale of this asset, we will deliver the following items at completion:-

* 100% Shareholding in the company
* Registered Office in Montana
* Corporate Bank Account (U.S.)
* Safe Guarding Account (U.S.)
* KYC & AML Policy Manuals
* FINCEN Reporting Credentials
* Banking Logins
* Montana Registry Credentials

We will undertake the Change in Control processes (CIC) at no extra cost to the purchaser. it is anticipated that the transaction should complete within four weeks of receiving the initial deposit!

Also included is a bespoke banking software system in order to fully digitalize the operation. This will include online banking and mobile applications such as Android and IOS.

Contact us for further information or to arrange a zoom meeting.