Providers periodically close accounts as part of ongoing risk review — this is called de-risking, and it isn't necessarily a reflection of wrongdoing. What matters most afterward is recovering funds properly and re-onboarding in the right order.
Providers sometimes close entire categories of accounts as part of a broader risk-policy shift — by sector, geography or ownership pattern — rather than because of anything specific to one company. That doesn't remove the practical problem of needing a new account.
Confirm the provider's process and timeline for releasing remaining balances before anything else.
The closure notice and any stated reason are useful evidence for the next provider's review, even if no reason was given.
Moving straight to a new application without addressing whatever triggered the closure (if known) often repeats the same outcome.
There's no shared blacklist across providers by default — each runs its own independent review.
Tell us about your structure, activity and payment needs — the essentials, not a full application.
We assess the structure and requirements against what providers typically accept before recommending a direction.
We identify a suitable regulated provider and explain what is realistically available for your case.
You complete official KYC/KYB directly with the regulated financial provider — not with Latynex.
The provider makes the final decision and activates the account. We stay involved if anything needs coordinating.
Latynex is not a bank or electronic money institution. Financial accounts and payment services are provided by independent, regulated financial institutions. Final eligibility and approval are determined by the selected provider, following its own KYC/KYB review.
There's no universal shared registry — each provider runs its own independent risk review, though patterns across your history may come up in due diligence.
This depends entirely on the provider's own process and stated timeline, disclosed in the closure notice.
No. Latynex is not a bank, EMI or payment institution. We review your case and, where suitable, introduce it to an independent, regulated financial provider who handles the account itself.
No. No introducer can guarantee a banking or payment-account decision. The provider you are introduced to runs its own KYC/KYB review and makes the final call under its own policies.
Typically: certificate of incorporation, register of directors and shareholders, proof of UBO identity and address, a description of business activity, and evidence of source of funds. Exact requirements vary by provider.
Setup and ongoing fees vary with jurisdiction, ownership structure, business activity, expected turnover and compliance profile. The provider discloses its fees before you proceed, and any Latynex advisory fee is disclosed separately.
No obligation — we review your case and respond with a straight answer.
Tell us about your company and payment needs — we review the case and point you to a provider genuinely suited to it.
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