Opening an account is a rather complicated and lengthy process; it includes the preparation of documents, forms, and questionnaires, and communication with the bank. However, it is important to note that the bank makes the final decision as to whether or not the account can be opened.
The bank must consider the business’ transparency and possible risks as well as the personal data of the management and business owners.
The bank checks not only the company but also the company’s main partners. After processing all the information about the company and its associates, the bank then decides whether or not to open the account. Banks do not have to disclose their reasons for refusing to open an account.
Unfortunately, we cannot guarantee that the bank will open an account for you. However, we conduct a thorough analysis of the business to determine in advance any difficulties that you may encounter when opening a bank account so that you can be as prepared as possible.