My boss wants to open a financial institute for our new Europe sellers and buyers website network. We need to issue electronic money, and assign specific IBAN number to our members.

Can you help us with:
1. Can we do this financial project?
2. What all things [including documents] required for this?
3. Which country is better and easier and more efficient to open financial institute?
4. Is it better to work with other financial institutions provide this services or make a new one?
5. How much is your estimate this project cost in general?
6. if you can do all the mentioned works [all legal works are needed] to how much does it cost?
7. Any information we should know first that helps.

King regards,
Business Development Manager