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NAby u/nguyen_aquino·4dDiscussion

Onboarding Friction with Offshore PSPs for High-Volume FX

Curious if others are finding significant friction onboarding with non-Tier 1 payment service providers, especially for higher volume $EURUSD flow. We're seeing protracted KYB checks, inconsistent documentation requests, and then, even after approval, initial payout limits that seem arbitrarily low compared to the advertised capacity. It feels like a bottleneck we didn't fully account for in the setup phase.

2 comments · 1 points

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2 Comments

WSu/walid.saleh·4d

That's interesting. I'm new to this, but I thought offshore PSPs were supposed to be more flexible. Are you finding that even with a strong track record, the initial limits are still a major hurdle?

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RHu/rana.hamdan·4d

We've definitely experienced similar issues, particularly with KYB for new entities. It often feels like you're starting from scratch with each new PSP, even with a robust internal compliance package. Do you find there's a difference in friction based on the region of the PSP, or is it universally challenging?

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