Bank account for crypto business
Opening a corporate account within payment service provider (PSP) / electronic money institution (EMI) for companies operating in the high-risk area (cryptocurrency field etc.)
VEGO Consult provides assistance in opening a corporate account within PSP and EMI for companies with high risk of activity. Currently, the banking sector in the European Economic Area is reluctant to open bank accounts for companies operating in the field of cryptocurrencies, sometimes it exposes several conditions incompatible with corporate structure, where foreigners act as shareholders / managing directors. For instance, in Germany one of the conditions for opening an account may be the requirement of a German residency for managing director.
VEGO Consult has extensive contacts with representatives of financial and payment institutions in Germany, Lithuania, Estonia, Great Britain, Poland, the Czech Republic, Cyprus, Romania and other EEA countries.
Opening a corporate account within PSP or EMI for companies registered in Germany or for foreign companies includes the following list of services:
- A thorough analysis of the customer's activities and selection of the appropriate bank / PSP / EMI for account opening
- Preparation and formalization of the necessary set of corporate documents in accordance with bank / PSP / EMI requirements (incl. corporate documents, documents from shareholders and board members etc.)
- Support in filling out an application for opening an account and other related documents
- Preparation and formalization of the company's activities description based on information provided by the customer (in case if bank / PSP / EMI requests)
- Search for commercial premises for rent and rental agreement conclusion with the landlord (in case if bank / PSP / EMI requests proof of address)
- Full negotiations with the compliance team of the bank / PSP / EMI
Please note, that VEGO Consult carries out works related to the preparation of the necessary documents and negotiates with the bank's compliance team. The success of opening a company corporate account depends on the data and information provided by the customer. We can make every effort and our experience to achieve the goal, but the final decision is always made by the bank or payment service provider.
To learn more or to order this service, contact us by the following phone number: +4989 9982804-50 or leave a request through the feedback form.