Frequently asked questions
The PAA CAPITAL GROUP is a multi-national group of financial services provider, Electronic Money Issuer (EMI), Payment Service Provider (PSP), multi-purpose Stored Value Facility, licensed TRUST, registered and licensed in multiple jurisdictions. Currently registered in Germany, Czech Republic, Spain, Sweden, Hong Kong, Singapore, Philippines, Botswana, South Africa, Georgia, USA. Greater coverage to follow.
PAA CAPITAL can accept a wide range of clientele and nationalities, whether Personal Accounts, Corporate Accounts or Financial Institutions and Start-Up’s. However, there are some that we cannot serve, being subject to OECD standard classifications. If you are not sure, please contact us if you are eligible prior to your application.
Modern, secure and sophisticated online banking solutions, mobile applications (iOS and Android). Multiple currency banking and exchange. The range of products and banking network is continuously growing.
PAA CAPITAL GROUP maintains bank accounts worldwide. As such, we can initiate SEPA transfers, as well as International wires by SWIFT system.
As PAA CAPITAL operates worldwide, not all countries support/issue IBAN account numbering, nor is everybody eligible for by its nature or purpose. You are being assigned a PAA CAPITAL account number, which identifies your incoming transfers for proper credit. Eligible clients can request a personal IBAN number for SEPA payments.
Please allow up to 4 working days for the payment to clear into the recipient account.
To ensure we meet our Anti-Money Laundering obligations we may, from time to time, ask you for more information relating to your payment. This may be required before your money transfer reaches the recipient bank account.
PAA CAPITAL has a clear, transparent and fair pricing structure.
Creating your profile is free of charge. You can receive inward payments, but the moment you wish to send out, you need to become an approved client, being part of regulatory requirements. AML/CFT stands for Anti-Money Laundering and Countering Financing of Terrorism. Compliance with these requirements are something PAA CAPITAL and its financial service providers Worldwide take very seriously.
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