LianLian Global logo

Seller collection wallet (e-money and payment institution)

LianLian Global

The cross-border arm of China's LianLian group: a collection wallet for e-commerce sellers that receives marketplace payouts (Amazon, Etsy, Walmart, Allegro and others) in USD, EUR, GBP and PLN, converts them and pays them out to your bank or suppliers.

  • Hangzhou, China
  • Marketplace sellers
  • Collection wallet
  • EU, UK and US entities

Pricing

What LianLian Global charges.

Conversion fee (UK and US)
0.5%“fixed conversion fee of just 0.5%”
EU transaction fee
0.7%, falling to 0.08% by monthly volume0.5% from €100,000, 0.3% from €300,000, 0.2% from €500,000, 0.1% from €1 million, 0.08% over €2 million a month. The schedule does not say whether this is the conversion margin
EU SEPA subscription
€500 a monthFor SEPA direct debit
SWIFT out (EU)
€30

Products

Spot, forwards and orders.

Marketplace collections
USD, EUR, GBP and PLN, more in the US
Supplier payments
USD, EUR, GBP, PLN, HKD and CNY (UK site)
Forward contracts
Not offeredNone for EU, UK or US customers; the EU terms bar conversions for speculation
Multi-currency wallet
Yes, pooled e-money
Forward contract terms
Not offered

Who it serves

Who LianLian Global works with.

Who it serves
E-commerce sellers and the companies that serve them; business payments only
By company country
EU: businesses registered in the EEA (LianLian Europe S.A.). UK: UK companies (LL Pay UK Limited). US: US companies (LL Pay U.S., LLC)

Your money

Where your money sits.

Pooled e-money wallet with collection accounts for marketplace payouts; LianLian collects as your agent and only from payers it approves; no account details in your name published

  • How it is protected

    Safeguarded in ring-fenced, segregated client accounts at a tier 1 bank (not named). Not covered by a deposit guarantee scheme.

  • You still need an account

    Payments to LianLian Global come from your own business account, and conversions are paid back to it or to your suppliers.

Need the account behind your FX? Your profile matches you with providers that take your company.

Find my options

Licences

The companies behind LianLian Global.

  • CSSF

    LianLian Europe S.A.

    E-money institution, no. W00000018

    Register entry
  • FCA

    LL Pay UK Limited

    Authorised payment institution, no. 787025

    Register entry
  • Customs and Excise Department

    LianLian International Company Limited

    Money service operator

  • State regulators (NMLS 1656051)

    LL Pay U.S., LLC

    Money transmitter licences

Opening

Getting started with LianLian Global.

How to open
Online application on the site for your region; checks on the company, directors and owners
Stated time
Not published
Remote
Yes
Support
Phone (Luxembourg) · Email · Account manager · English

Compare

Other FX providers with forward contracts.

FAQ

Your questions, answered.

Does LianLian Global give my business an account in its own name?

No. You get a pooled wallet and collection accounts that receive marketplace payouts, with LianLian collecting as your agent from payers it approves. In the UK its terms say the account does not hold funds.

What does LianLian Global charge to convert?

Its UK and US sites state a fixed conversion fee of 0.5%. The EU fee schedule shows a transaction fee from 0.7% down to 0.08% by monthly volume, plus €30 per SWIFT payment.

Can I hedge currency with LianLian Global?

Not as an EU, UK or US customer: no forward contracts are offered. The group sells a forward rate lock only on its Chinese-language site.

One Finzil profile

Stop applying one provider at a time.

The usual route is to apply to each provider you find, then spend weeks going back and forth with its compliance team. Tell Finzil about your business once and start with the providers likely to say yes.

Find my options Free · 2 minutes · No obligation
  1. 1

    Describe your business once

    Country, industry, owners and what you need. One profile, saved, instead of a new form for every provider.

  2. 2

    See who fits, and why

    Your matches, each with the reason behind it, so you know who would turn you down before you apply.

  3. 3

    Use the same profile to applyComing soon

    Send it to the providers you choose, without starting from scratch each time.