Banks have options to open an account and minimize the presence of a person in a bank office. Of common case the first time there should be a personal contact with a bank representative, then all operations with the bank account and transactions take place via the Internet.

Our company provides support services for opening a bank account in EU banks in European jurisdictions. We help to overcome a number of difficulties associated with registering a bank account, with the verification of your company by the bank’s compliance service, and also accompany transactions on your account as lawyers if necessary, upon your request.

We recommend financial structures we have experience and know the founders, which is important in the modern world, since it can be difficult to choose from a variety of organizations.

Countries in which we can help with opening a bank account, provide legal support and consulting support – EU, Switzerland, Canada, UK, as well as the USA.

Opening a bank account in Europe is usually a paid procedure, cost in different banks is different, sometimes an account can be opened for free. Of course, you can officially go to the website of any European bank, where now in some cases a non-refundable commission of up to € 500 is taken, but there is also opening for free. Regarding cases with CIS citizens, often after one or two months of considering an application for opening an account usually followed by rejection.

In the confirmation procedure, a lot of documents are also requested, a lot of time is spent on such interaction, without any guarantees of the result. Also, in our experience, opening a bank account in a bank in Europe is easier than working with this bank account further.

Let’s say you opened a bank account by spending, for example, € 500. The “fun” can happen next, on the first transaction. After transferring a significant amount, it suddenly turns out to be unavailable for some reason and requires communication with bank employees and more docs that bank compliance consider for months. Meanwhile, the money is frozen and the bank account in the EU is blocked.

In accordance with the norms of the European regulator, banks can block suspicious funds, and can themselves determine this suspicion only on the basis that this account is owned by a company, and the owner of the bank account is a citizen of the CIS or a citizen of Russia. In fact, working with an account is more difficult than opening a bank account in the EU.

Now there are many financial structures that offer account opening, the cost of opening an account ranges from € 800 to € 3000. Fintech startups are ready to work, but which ones are reliable and which ones are not?

We are ready to advise on these issues.

The most important thing here is to find a structure that would be able to ensure the reliability of your financial flows and the safety of funds.
We offer proven ways and methods of work.

We also provide services of the nominal beneficiary of the company: this service greatly facilitates the work with a bank account in the EU. On the other hand, this person, who has EU citizenship, will not hinder you in your activities in any way, and his presence greatly simplifies all procedures, since at present the citizenship of the Russian Federation or Ukraine itself is already a significant stop-signal for many banks and companies in the financial and technology sector.

Who is our European account opening service addressed to?
Firms that have real contracts, conduct real transactions with real estate, with raw materials, work with cryptocurrencies. That is, we are not interested in clients who open an account for Forex.

We offer services for residents of the Russian Federation. But with the participation of residents of the chosen jurisdiction in the company, it is much easier to work with the bank.

How do we proceed when applying for an account?

The company is undergoing a preliminary check, pre-check.
We discuss in advance which transactions you need a bank account for.
We can also advise in which jurisdiction it is more profitable to conduct these transactions: the fact is that modern fintech companies offer services in the jurisdiction that is more profitable for operations.

After a preliminary check, the company gains access to the Internet bank; a personal manager is also possible.

Any case is discussed in advance, since at the slightest suspicion of money laundering and communication with criminals, the bank account will be blocked.

The bank’s client now, in the pandemic, can be verified remotely, via skype or any convenient messenger. We emphasize once again that now it is important to entrust your funds to the right organization, so that you do not lose them later.

In accordance with modern conditions and restrictions due to the fight against the spread of the new coronavirus, we offer remote legal advice on opening a bank account in the EU, on working with an account.

But if necessary, at your request, a visit to one of our offices, in Moscow, Riga or Marbella, is possible, the addresses are indicated on the website, where an agreement for the provision of services can be concluded.