Onlyfans | Business Banking (EU)

Hello guys.

I'm doing OF with my girlfriend and we are challenged by the banks. Her page is making good money and we had to switch from personal banking to business. But it's killing us.

- All locals bank are refusing her company
- Wise worked for sometime but shut her down
- Revolut worked for sometime but shut her down

Her company is currently with 0 bank. But has invoices to pay. As well as taxes obligations.

The company is supposed to be rich. But all funds are frozen. And all the new money made on the page is blocked on OF because we have nowhere to get paid.

What can be done? I'm looking at Paxum Business and Cosmo Business but it doesn't look good :

- Cosmo Business forces you to cashout in crypto. How are we supposed to pay taxes or the accountant with crypto? We need business bank account to use fiat and run the company properly.

- Paxum Business allow SEPA transfer. So invoices and taxes could be paid. But OF is refusing to send money there. Support is telling us they can only send money to personal paxum account ?! ?! ?! Is that true or am I dealing with a useless bot from OF support?

I'm also looking at YourSafe. Currently opening a business account. Hopefully it solves our issues. But even if it does, I don't want us to be reliant on just ONE bank. We need alternatives.

Really lost with the banking side of this industry. Any help to navigate this is welcome.
Hello Gabriel,

Have you found any solutions regarding OnlyFans payments and withdrawals, for business? I am also based in Romania.

Appreciate!
 
Right now, I'm not optimising for taxes. I'm just looking for a solution to actually move the money from OF to the company. How can I do that? I thought I was good with Paxum Business. But it doesn't work.
Hi Gabriel, did you manage to find solution for the banking ?
 
I will highly suggest to open personal bank account from Germany bank, Swiss bank and Estonian bank and amke diversification of the funds to avoid problems
 
Opening the business account is not the issue.

It's either keeping it. Because once they see that we're making more than 100K a month, they look into us more deeply. New KYC, more questions, etc. Then they shut us down.


Or getting OF to accept the account. For example Paxum Business is perfectly fine with OF. We even told them during the opening process. But for some reason, OF is refusing to send money to the Paxum Business. They want a personal Paxum. Which make no sense. We can't operate from personal with so much money.
I believe you can withdraw to your personal Paxum and then from there you send to your Business Paxum. Not 100% sure though.

I'm in a similar situation myself atm, did you manage to find a solution?

Thanks
 
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