Prepare a defensible onboarding case for banks, payment providers, custodians, liquidity venues and VASP counterparties.
Bank and provider onboarding runs as a parallel diligence workstream. Readiness depends on ownership, markets, products, flows, source evidence, activity expectations, policies, systems and counterparty risk.
Service overview
Banks and providers will test whether the ownership, flows, controls and expected activity support the services being requested; the onboarding case has to survive that scrutiny.
- Provider strategy
- Due-diligence and ownership pack
- Flow and expected-activity explanation
- Source and business evidence
Treat banking as a parallel diligence process
A VASP registration does not oblige a bank or payment provider to onboard the company. Partners will assess owners, markets, flows, sanctions exposure, safeguarding, counterparties and control maturity independently.
The commercial objective
A bankable operating narrative, clean source-of-funds evidence and realistic primary and fallback payment arrangements.
Prepare for independent diligence
We assemble the ownership, business, flow, expected-activity, AML and source narrative that a bank or payment provider can test. Provider outreach is sequenced with regulatory and system readiness.
A common failure
The team assumes NBG registration will compel a bank to onboard it. Banks make their own risk decisions and often need different evidence.
What you can expect from us
We begin with the live model and current evidence, agree the decisions and dependencies, then issue a written scope. You may engage us for advice and review only, for a defined implementation module, or for the complete build and regulatory coordination. The quotation caps our professional fee for the agreed assumptions and separates the GEL 5,000 official registration fee, translations, personnel, office, software, assurance and other third-party costs.
Founder decision
Agree the product perimeter, markets, counterparties and risk appetite before costly build work.
Operating evidence
Connect each claim to an accountable person, configured control, record and test result.
Launch consequence
Carry approved assumptions into filing, banking, provider onboarding and supervised operations.
Questions we address in this workstream
Registration and bank onboarding are separate workstreams. Each bank or payment provider applies its own risk appetite and diligence to ownership, markets, flows, sources, sanctions exposure, safeguarding, counterparties, controls and expected activity.
Begin strategy early enough to test whether the fiat model is viable, but approach providers with a coherent ownership, regulatory, product and AML narrative. Premature outreach with changing facts can create avoidable declines or repeated remediation.
The pack commonly covers the group and UBOs, source of funds, services, customer countries, expected volumes, fiat and virtual-asset flows, counterparties, compliance framework, systems, financial plan and the role of each requested account or rail.
A resilient plan considers alternative providers, currencies, settlement routes, timing and operational consequences without hiding the rejection. Product promises should not depend on a rail that has not completed its own approval and contracting process.
We can help identify suitable provider categories, prepare the ownership and operating pack, coordinate questions and compare proposed terms under the agreed scope. The institution conducts its own diligence and commercial review.
