If you're a business looking to open your first account in Europe, or you had an account closed down, we're here to get you banking in no time.
And we know how to open EU bank accounts for non-residents.
Hi. We’re Open.
International silk exporter from India
Deepak Deol
With Open the process of opening a bank account was so smooth and pleasant.
It’s been gruelling for us to get approval from UK banks in the past – we hit more than a few walls and got rejected multiple times. We chose Open because we wanted to spare ourselves the hassle – the process was so smooth and pleasant. Can’t recommend them enough.
Opened a UK bank account with Barclays
Блок-затычка для якорей
Блок-затычка для якорей
You don’t have to fill out a 30-page form or argue with your bank of choice over AML regulations.
It’s easy
Get the job done without ever visiting a local branch. Stay COVID-safe and spare yourself the travel.
It's 100% online
No need to wait on hold for 2 hours. With our self-managed solution, you’ll get an account within days, not months.
It's fast
Yes, we can get you an account even if you don’t have a UK/EU residency.
It works for non-resident directors & shareholders
Why choose Open?
We know all the ins and outs of working with banking partners. Our team of experts can help you avoid all red-flag mistakes and make sure you have a bank account opened in a blink.
Choose Open because…
We only work with banks we know can deliver stellar service.
Блок-затычка для якорей
Блок-затычка для якорей
Don’t worry, it’s nothing like a regular bank application. All we need at first is an email address, a phone number, and your company name.
Fill in the questionnaire
We assess your application and provide you a selection of banking solutions that fit your company profile and business needs.
Your case is analysed
Once we’ve received your request we’ll reach out in case we need something extra. We might also invite you for a free consultation.
Prepare all papers
Your dedicated financial adviser asks you to upload all the necessary documents and might request additional information if needed.
Upload the docs
Here’s how it works.
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We submit your application to banks and payment services. You might also consider opening an account at Silverbird – our parent company.
We send the application
Congrats! You receive your account details and can start doing business globally.
Your account is open
Блок-затычка для якорей
Блок-затычка для якорей
Perfectly suited for…
…And all other international businesses, big or small.
Distributors
Manufacturers
Exporters & importers
Logistic operators
E-commerce businesses
Freelancers
Блок-затычка для якорей
Блок-затычка для якорей
Get your bank account opening started without paying us anything at all.
Take advantage of our ‘win-win’ guarantee…
We know how stressful filing bank applications can be. That is why we charge only once the bank pre-approves you. Pay us only when we deliver.
Go through the process at your own pace knowing our experts are always there for guidance and support.
Premium service
We use the same AML screening process as most of our banking partners do. That’s why we pre-screen your business to identify weak points and fix them before it’s too late.
A selection of pre-approved banks
We review your application against the chosen bank’s requirements to help you pass compliance with flying colours.
Hassle-free compliance
We work with Tier-1 banks, such as Barclays, HSBC, and Lloyds. Our team has 20+ years of experience solving the most challenging banking hurdles you might face.
Credibility & experience
Here’s what we promise…
Logistical company owner from Russia
Oleg Rozhkov
An impeccable level of service and attention to detail.
There are many agencies that provide a similar service, but Open works with Tier-1 banks, which was an important decision factor for us. In the end, I was thrilled with the impeccable level of service and attention to detail. I am recommending Open to all my partners back home.
Opened a UK bank account with HSBC
Got more questions?
Let’s clear them up with some answers.
Can I open a business bank account in the UK/EU as a foreigner?
Most definitely, yes. But as you already know, that’s a tedious process. Depending on your business size or type, the difficulty may increase. At Open, we can assist you in this challenging process and handle the work end-to-end.
How much does it cost?
The price depends on the difficulty of your case.
We don't charge anything until you get pre-approved by a banking institution or an EMI. Once you get pre-approved, we charge 50%. The other half will be invoiced once you get your bank account up and running.
A ballpark figure is €1,000 to €5,000 per account – which is 2-10x lower than the market price for similar services.
We don't charge anything until you get pre-approved by a banking institution or an EMI. Once you get pre-approved, we charge 50%. The other half will be invoiced once you get your bank account up and running.
A ballpark figure is €1,000 to €5,000 per account – which is 2-10x lower than the market price for similar services.
What questions will you ask me in the questionnaire?
We want to make the process of opening a bank account as easy as possible for you. That’s why we won’t bombard you with a ton of questions. All we ask is to fill in a short questionnaire that helps us find potential weak spots in your application and allows us to pair you with the right banking partner to suit your needs.
Here are some sample questions from the questionnaire:
Here are some sample questions from the questionnaire:
- Why do you need a UK/EU business bank account?
- What currencies do you need?
- What’s the size and nature of your business?
- What’s the expected volume of transactions per month?
- What’s your annual turnover?
What documents do I need to provide?
After you fill in the questionnaire, we’ll pair you with an account manager who’ll make sure you provide all documents the bank might request. Once you submit the documents, the bank will verify the information and run a routine compliance check to ensure you meet all legal and AML requirements.
A typical UK/EU bank might usually ask for the following:
A typical UK/EU bank might usually ask for the following:
- Company’s shareholding structure.
- Certificate of incorpotation.
- Business plan, including future projections.
- Description of the company’s activities.
- Proof of identification for the company directors – a passport or an ID card.
Merchant from Morocco with 20+ years of experience
Zahra Jaja
Open allowed us to save time, money, and the stress of opening a bank account…
...which is inevitable when you try to do that complex task yourself. Now we can save on transaction fees when dealing with our European clients!
Opened a bank account in Estonia
Let our team of experts dramatically increase your chance of opening a UK/EU business bank account.
Want to save yourself the time, money, and stress, too?
Get started with Open
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