Opening a corporate account is a key step after getting your licence. Banks carry out due diligence on every new company, so a clear and consistent application helps.
What banks usually look at
- Your licence, memorandum and company documents
- Shareholder and manager identity documents
- A clear explanation of what the company does and who its customers are
- Expected monthly activity and where money will come from
How to prepare
- Write a short business profile with real details: customers, suppliers, countries.
- Keep a website or online presence that matches your activity.
- Make sure all documents show consistent names and details.
- Be ready for a meeting or an interview with the bank.
Common reasons for delay
- Missing or unclear documents
- Activity that does not match the described business
- Complex ownership that is not fully explained
Each bank sets its own policy and decides on every application. We can guide you on preparing the file and on which type of account suits your business.
Information is general guidance and not legal or tax advice. Rules and fees are set by the authorities and may change.