A working business bank account remains the chokepoint for many newly formed European companies. Compliance bars have risen sharply since 2020.
Traditional banks vs. EMIs
Tier-1 banks deliver lower fees but require local substance and management presence. EMIs (Wise, Revolut Business, Paysera) are faster but cannot replace SEPA Direct Debit or cash deposits.
What banks check
Beneficial ownership transparency, source-of-funds documentation, business plan plausibility, and visible economic substance in the country of incorporation.
Our approach
We pre-clear the application with the relationship manager, prepare the entire KYC pack, and accompany the founder through the verification call.
Need help?
Our team has assisted hundreds of businesses across 9 European jurisdictions. Get in touch for a free consultation tailored to your situation.