Step 1 – pre-approval
At this step, the bank is provided with a set of documents in electronic form and supporting information on the company’s activity, economic indicators, proposed counterparties and cash flows.
Corporate documents (standard list)*:
* The list of documents is not exhaustive. The bank is not our related organization and has the right to request any other documents and information. The list of documents may differ from the list above depending on the company’s jurisdiction. For more information, please contact a specialist of GSL Law & Consulting.
If there are other legal entities in the structure, the same list of documents is requested from them.
Business profile of the company:
Documents for individuals in the structure of the company:
Based on the provided information and scan copies of documents, we prepare and send an application for the bank’s pre-approval to open an account.
On average, obtaining pre-approval takes 2 – 4 weeks (depending on the complexity of the case); during this period of time, the bank may send additional requests for information / documents.
Step 2 – preparation of a set of documents for account signatory’s visit to the bank (certification of documents)
Based on the information obtained at the pre-approval stage, we make a list of documents that must be certified to open an account.
The constitutional documents must be translated into English and apostilled.
Step 3 – opening an account
After the account signatory has visited the bank, provided all required documents and signed bank forms, the application is passed to the final review stage. Opening an account takes around 2 – 3 weeks after the bank has received all documents.
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Service
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Fee
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Step 1 – services for:
== collection and analysis of corporate and other documents required to be provided to the bank; == drafting a detailed application for pre-approval, including complete information on the company, its activity, owners and counterparties; == sending this application to the bank for approval; == working on additional matters; == preparation of a roadmap and detailed description of all subsequent steps of the account opening procedure. |
EUR 1 000
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Step 2 – services that include:
== consultations on preparation of the set of certified documents**; == escort during attorney’s (account signatory’s) visit to the bank; == interaction with the bank at all steps of the account opening procedure. |
EUR 4 000
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Step 3 – services that include:
== complete account activation; == issuance of account details and access keys. |
EUR 500
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Success fee
The additional success fee is charged if the account has been opened faster than the average standard time required for the procedure, which is 1.5 – 2 months. |
+ 10%
of the service fee |
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Assistance in opening accounts for companies that are not served by us
You can also contact our consultants to discuss the possibility of transitioning companies to us as a corporate service provider and accordingly decreasing the service fee. |
+ 20%
of the standard service fee |
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Assistance in opening an account in a complex case:
1. In terms of activity: - licensed activity (investment fund, cryptocurrency, fintech, production of tobacco goods / alcohol / pharmaceutical products, precious metals, etc.); - trade complicated by the type of goods (raw material / dual-use goods / medical goods); - payment agent activity; - counterparties partially owned by the state; - high-risk regions from the FATF list. 2. In terms of structure: |
+ USD 450
to the basic service fee |
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Subsequent assistance with the account:
- assistance in installing and configuring online banking; - interaction with the bank’s representatives on current issues; - organization of a payment policy. |
First 3 months – USD 650.
Then – agreed monthly payment depending on the required scope of work, complexity of the case, etc. |
*The service fees are effective as of July 2025.
*To order apostilled documents issued by state authorities, please contact specialists of GSL Law & Consulting.