Opening a bank account abroad
Opening a bank account in your chosen country is one of the first steps you’ll need to undertake to establish a European company. Opening a bank account seems easy, it should be easy… but often it isn’t. Our job is to make this process easier.
In some cases, to open a bank account in Europe, you will be required to visit the bank in person. The process would be easy for a British company wishing to open a bank account in London. However, it is not as convenient for those living outside the UK. Other banks require a cover letter, duly translated and certified by your local bank. This is fine if you are fluent in the language of the chosen country and have a good understanding of the bureaucracy involved. There are also many banks that you don’t even need to speak to, as long as their annual turnover is over €1 million. This isn’t very helpful if you want to set up your company in Europe as quickly and cost-effectively as possible.
Open a European bank account today!
At Companies in Europe, our mission is to make the entire process of opening bank accounts abroad as quick and painless as possible. Our staff will guide you every step of the way.
European bank accounts
Thanks to our knowledge of foreign banking regulations, our relationships with major banking groups such as Barclays and HSBC, and our UK partnership with NatWest, we help our clients cut the red ribbon on opening Italian bank accounts as quickly as possible.
When banks require an in-person visit, we’ll have a local representative on hand to help you through this sometimes daunting process, and we can negotiate a low minimum turnover threshold. Leave the paperwork to us by managing your European bank accounts online or over the phone.
To find out more about how Companiesineurope can help you open a bank account abroad , please contact us .