Opening a V Plus Pay Account
<div> V Plus Pay is a convenient payment solution for businesses and individuals, enabling international transfers, financial management, and multi-currency accounts. The system offers an easy verification process and fast payment processing. </div> <div> <br> </div> <div> We fully support the account opening process: assisting with document preparation, liaising with the payment system, and ensuring quick resolution of any issues. </div>
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More about our services
- General Information
General Information
V Plus Pay is a modern payment system providing services for processing and managing electronic payments for both businesses and individuals. The company VPLUS GREATER BAY EXCHANGE LIMITED operates under a Money Transfer License (License No. 19-08-02842), issued by the Customs and Excise Department (C&ED) of the Hong Kong Special Administrative Region.
Key Services of V Plus Pay:
-
Multi-currency accounts: USD, EUR, GBP, CHF, CNY, HKD, RUR, and others.
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Cryptocurrency transactions: USDT, BTC, and others.
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Remote account opening.
Required Documents
Corporate Documents:
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Company registration documents (Certificate of Incorporation, Business Registration Certificate).
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Company charter (Articles of Association) with amendments.
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Certificate of Good Standing or an equivalent document confirming the company's current status.
Documents Confirming Company Structure and Activities:
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Description of the company’s activities, including business model and main operations.
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Company structure, including information on subsidiaries and affiliates.
Beneficial Owners and Management Information:
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Copies of passports or other identity documents for beneficial owners (owning more than 25%), directors, and authorized signatories.
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Proof of address for these individuals.
Financial Documents:
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Bank statements for the last 6–12 months.
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Audited financial reports for the most recent financial year (if applicable).
Additional Documents (if requested by the compliance department):
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Licenses or permits required for specific business activities.
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Recommendation letters from partners or banks.
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Contracts with key counterparties or clients.
All documents must be provided in English or accompanied by a notarized translation. The V Plus Pay compliance department may request additional documents or information depending on the client's business profile and internal company policy.
Fees and Charges
|
Category |
Fee |
|
Client Compliance and Onboarding Fee |
$1,000 (one-time fee for client registration and verification) |
|
Expedited Application Review Fee |
$50 (additional fee for priority processing) |
|
Monthly Account Maintenance Fee |
$50 (fixed monthly account maintenance fee) |
|
Outgoing Payments |
2.5% of the transfer amount (minimum $70) |
|
Incoming Payments |
Free – receiving funds without fees |
These rates are indicative and may vary depending on the client profile.
Successful cases
Examples of legal solutions tailored to the specifics of the request, industry and jurisdiction.
Russian Trading Company Expands to the Chinese Market
Situation
Traditional banks processed transactions slowly, and SWIFT transfers were delayed due to lengthy checks.
Our solution
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Opened a multi-currency corporate account supporting CNY and HKD.
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Enabled transfers via alternative channels, bypassing traditional banks.
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Integrated cryptocurrency payments (USDT, BTC).
Result
The company now receives payments in yuan within 24 hours instead of 5 days and uses stable crypto assets to hedge against exchange rate fluctuations.
Account Opening for a European IT Startup
Situation
A European IT company developing SaaS solutions for businesses was looking for a universal payment system for receiving international payments.
Our solution
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Opened a multi-currency corporate account with V Plus Pay.
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Activated automatic currency conversion for working with clients in various countries.
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Integrated with international payment gateways.
Result
The company can now accept payments in 7 currencies without delays and reduced operational costs by 25% by eliminating traditional banking services.
Why Choose Us?
20+
Jurisdictions
800+
Satisfied Clients
Long-term Results
Our expert legal strategies streamline business processes and ensure desirable outcomes, even in complex litigation cases
Unique Legal Solutions for Every Jurisdiction
Our deep international expertise allows us to offer customized solutions beyond standard legal service packages
Industry Expertise & Recognition
Our specialists publish in leading legal journals, shaping industry trends and reinforcing their authority in the legal field
Collaboration with Market Leaders
We work with major corporations and key market players
46 years
Of Combined Experience
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