01
Business accounts
Selecting suitable banks and supporting the account opening for your company.
What it is about
A working business account is essential for every company – and with international structures it is often the biggest hurdle. Banks require careful documentation of the business model, source of funds and beneficial owners.
We prepare this documentation, put you in touch with suitable banks and connect you with wealth managers from our network.
Who it is for
- Companies needing a business account abroad
- Entrepreneurs with international payment flows
- High-net-worth individuals looking for wealth managers
- Foundations and holdings with investment assets
Scope of services
What we take care of.
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Documentation and KYC
Preparing all the evidence banks require to verify their clients.
03
Payments
Solutions for payments in several currencies and countries.
04
Private accounts abroad
Support with opening accounts in connection with a change of residence.
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Wealth management
Contacts with independent wealth managers and banks from our network.
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Transparency and reporting
We take account of international information exchange and the obligations that come with it.
Process
How we work.
01
Initial consultation
We clarify what the account is needed for and which requirements apply.
02
Choice of bank
You receive a recommendation of suitable banks and providers.
03
Documentation
We compile the documents and prepare you for questions.
04
Opening and support
Support until the account is opened, and a point of contact afterwards.
Frequently asked questions
Good to know.
Why is opening an account so demanding?
Banks must know their clients well and verify the source of funds. Complete, well-prepared documentation speeds up the process considerably.
Can you guarantee an account opening?
No, the decision always lies with the bank. We improve the chances of success through careful bank selection and thorough preparation.
Do foreign accounts have to be reported?
Many countries exchange account information automatically. We make sure your structure is transparent and correctly reported.
Related areas
W-V Law Firm LLP advises on formal company law and – where agreed – on the tax law of the United Kingdom. Tax and legal questions under German, Austrian or Swiss law are addressed together with qualified advisers from our network in your country.
Let’s talk about your plans.
We almost always reply the same day.