European Bank Accounts
One of the first and most crucial tasks that you will need to undertake in order to establish a European company is to open a European bank account in your country of choice.
Opening European bank accounts sounds easy, it should be easy… but frequently it isn’t. In fact, sometimes it can feel like certain banks go out of their way to make it difficult!
The Long Walk To The Bank
In order to open Euro bank accounts, quite a number of banks require applicants to visit the bank in person. That’s fine if you’re a French company and you want to open an account in Paris. However, it’s not quite as convenient for those of us living outside France.
Other banks insist that you provide them with a letter of introduction, duly translated and certified, from your bank at home. Again, this is great if you are fluent in the local language and have a good understanding of what’s required, but cumbersome and expensive if you aren’t and don’t!
There are also a number of banks that won’t even talk to you unless your annual turnover is in excess of €1 million. This isn’t much help if you want to get your European company up and running as quickly and cost-efficiently as possible.
European Bank Accounts and Euro Bank Accounts Specialists
At openAeuropeancompany.com our aim is to make the whole process of opening Euro bank accounts, as quick and painless as possible. You can also be assured of personal service from our staff every step of the way.
Bank Account Europe
Through our knowledge of local banking regulations and our relationships with major banking groups such as Barclays and HSBC and our UK preferred partnership with NatWest, we help our clients to cut through the red tape of opening European bank accounts and progress as quickly as possible.
Where banks require you to visit in person, we will have a local representative on hand to assist you through this sometimes daunting process and we can negotiate a low minimum turnover threshold. Leave the paperwork to us and manage your Euro bank accounts over the internet or telephone.
To find out more about how openAeuropeancompany.com can help you solve your bank account Europe requirements please contact us, and open a European bank account today!