Assistance in bank account openings


In order to manage the commercial activities properly, the company should have a current bank account.

It will be better and easier to open a bank account for your new company in a bank, which is already informed about your business activities and knows you as a client.

Depending on the type of business your company is performing, we can recommend you the most convenient bank, as well as assist in opening a bank account for your company, for example, in banks in Latvia, Estonia, Denmark, Austria, Liechtenstein, Switzerland, Cyprus and Hong Kong.

When opening an account in a bank it is necessary to pay attention to following things:
  • business of your company, the aim of using an account, type of account
  • your desires in relation to account maintenance
  • taxation in country where bank is located
Banks can be divided into two groups: banks opening trading accounts and banks providing investments products more and opening investments accounts.
  • Trading accounts (checking accounts) - used for current business activity, useful for large number of payments transactions.
  • Investment accounts – used to hold funds and receive incomes from several investments programs offered by the bank. Banks, which are more dealing with servicing the investment accounts (Private banking), set limits on the number of transactions and, as a rule, provide a minimum balance in the account.
Countries where we can assist with bank account opening
CountryAccount typeNotes
Latviatrading- personal attitude to client
- high grade banking services and Internet bank
Estoniatrading- good Internet bank services
Denmarktrading- for companies having partners in Denmark
- high grade banking services and Internet bank
Cyprustrading- good Internet bank services
Austriainvestment
trading
- personal attitude to client
- minimum investments amount required
Luxemburginvestment- personal attitude to client
- minimum investments amount required
Liechtensteininvestment- personal attitude to client
- minimum investments amount required
Switzerlandinvestment- personal attitude to client
- minimum investments amount required
Hong Kongtrading- high grade banking services and Internet bank;
- difficulties in communication with bank
Singaporetrading- personal attitude to client
- high grade banking services and Internet bank
Saint Vincent and Grenadinestrading- bank information centre working 24 hours
- communicates in 16 languages
When opening an account you are kindly asked to pay attention to following aspects
  • bank carefully checks your business activities and in case it is sufficient and acceptable according to the banks’ politics, only then it begins the account opening
  • each bank has its own Due Dilligence requirements and client is obliged to submit sufficient documentation like bank reference, agreements with business partners etc.
  • bank has the rights to refuse account opening without explaining any reason

More about banks we collaborate with, banking systems and bank ratings find here