Baltic e-Company / Bank account opening
Bank account opening
Review of your profile and business activity, preparation of the account-opening file and supporting documents, introduction to institutions whose risk appetite matches your profile and handling of their compliance questions; opening remains subject to the bank's acceptance.
What this package includes
Review of your profile and business activity, preparation of the account-opening file and supporting documents, introduction to institutions whose risk appetite matches your profile and handling of their compliance questions; opening remains subject to the bank's acceptance.
The price is firm, official fees included; it is paid by card when you order and the invoice is issued at once. The file starts once the identity check is accepted. How it works
Time
4–26 weeks, after the company is registered. Counted after registration when the company is formed in the same offer. The account opening is decided by the bank.
Documents we will ask you for
Company, signatories and UBOs
Required in every case
- Power of representation, notarised remotely. It gives us standing to act on your behalf before registries, banks and the relevant authorities, within the limits it sets out. The notarisation session is held by video; a valid identity document is required.
- Certificate of incorporation or recent registry extract
- Up-to-date articles, memorandum/articles or constitutive deed
- Register of directors and register of shareholders
- Ownership chart up to the natural-person beneficial owners
- Latest available accounts and recent bank statements
- Passport, address and tax number of each director, signatory and UBO
- Description of the business model, website and customer/supplier countries
- Contracts, invoices or evidence of commercial activity
- Expected flow profile: currencies, countries, monthly volumes and main payers/beneficiaries
- Source of the initial funds and source of wealth of the UBOs
Depending on the case
- Audited accounts, tax returns and management reports for an existing company
- Licence, authorisation or regulatory registration for a regulated activity
- Group, subsidiary and related-company documents
- Bank reference or professional letter of recommendation
- Evidence of residence or substance in the bank's jurisdiction
The exact list follows what you order; it is confirmed in your client space after payment.
Not included
Visas, the share capital itself, translations requested by a bank and your own travel are not part of the price.
Questions
How long does Bank account opening take?
4–26 weeks, after the company is registered. Counted after registration when the company is formed in the same offer. The account opening is decided by the bank.
How much does Bank account opening cost?
€3,672, official fees included, excluding VAT, paid by card when you order.
Which documents are needed?
Power of representation, notarised remotely. It gives us standing to act on your behalf before registries, banks and the relevant authorities, within the limits it sets out. The notarisation session is held by video; a valid identity document is required. Certificate of incorporation or recent registry extract Up-to-date articles, memorandum/articles or constitutive deed Register of directors and register of shareholders The full list is on this page.
Who operates Baltic e-Company?
Baltic e-Company is a service of AquaSands Trading AG, a Swiss stock corporation (Aktiengesellschaft, AG), c/o Kaurum GmbH, Hasenbüelweg 32, 6300 Zug, Switzerland. Orders, invoices and contracts are with AquaSands Trading AG.