Yes, you can get rejected sometimes. Each bank draws up its own list of documents to comply with the “know your customer” policy. Therefore, in some cases, you may be asked clarifying questions about the origin of funds. Refusals do not happen often, but they are usually motivated. The bank does not refuse without a reason. This frequently happens because the client did not provide a complete package of documents, or tried to hide the real origin of the money. If it becomes known that the applicant is involved in money laundering or other fraudulent schemes, this may serve as a basis for refusal.
Our attorneys carefully inspect all the nuances and prepare comprehensive responses to the inquiries of financial institutions to ensure a positive result and open a new business account for you.