You can open business accounts remotely without branch visit by the following steps. Everything is fast and simple!
Click the "Open an account" button on our website, select Corporate Account tab and fill in all the required information.
A short remote interview will be arranged if necessary.
Get your account LIVE and start making payments with the DSBC Financial Europe Membership
A Corporate Account or a Corporate Current Account can only be opened by the chief executive officer (CEO) or the owners of a company. They will need to complete the identification procedure, required by DSBC Financial Europe (""DNBC""), this process will include filling our application forms and a short remote interview. If you ever encounter any issues with the process, our Relationship Manager will be ready to support you, just give us a call.
In the case where you are not the CEO of a company, but an authorized person, you also need to complete the identification procedure before the process to open the account. Afterward, you'll be required to submit a power of attorney or a permission with e-signature by the company CEO to complete the steps to open a Corporate account. Please don't feel disheartened with the list of required documents, we will provide you with a Relationship Manager to guide you through the process and tell you exactly which paper we would need from you.
Corporate accounts provided by DNBC only available for companies that are currently retaining active status. We will need additional information about your field of operation to complete the opening process. This can be a hassle at first but this process will assist us in providing you with the appropriate features according to your business.
See more: Open a corporate account with DSBC Financial Europe
SWIFT - Society for Worldwide Interbank Financial Telecommunication.
Transaction orders are transmitted between members of this network.
Each member is identified with a unique SWIFT/ BIC code.
To this day, SWIFT is the biggest and most efficient tool for international money transfer, with over 11.000 member institutions in over 200 countries, sending over 5 billions financial messages globally every year.
A Corporate Account is made for commercial or business purposes. It can perform more transactions in one day with a higher transaction limit. A Corporate Account has all the functions of a Personal Account together with the exclusive Merchant Account function, which supports incoming payments to your account including accepting debit/credit cards from customers, support chargeback transactions and many more. In short, if you are interested in running your business effectively with the best possible support, you should choose to open a DSBC Financial Europe Corporate Account.
At DNBC, corporate account opening is as easy as opening a personal account with a dedicated Relationship Manager to guide you through the process, which would make it as simple as it can be. So there is no reason to use a personal account if you want to startup or currently run a business yourself.
SWIFT works by assigning each member institution a unique ID code that identifies the bank name, country, city, and branch.
For example DSBC Financial Europe BIC code is: DSFE LT 21 XXX
At DNBC, we are aiming to provide the best services for businesses from everywhere across the globe. Companies that are not registered in Lithuania can also apply for a DSBC Financial Europe Corporate account with as simple a procedure as the one in Lithuania. The companies will need to provide following documents for a new corporate account opening:
|Network||28 + 3 EU/EEA countries.||118 countries and territories.|
|Transaction time||01-02 business days.||02-05 business days. |
Or more depending on the relationship between the two payment institutions.
|Maximum amount transferred per day||15,000 EUR/day||Unlimited. |
Note: The maximum amount can be pre-set when establishing your account.
|Transfer fees||Cheaper for transfer within the EU/EEA region.||Depends on the number of correspondent banks involved.|
In general, if you are working as a freelancer, you can collect payment to your personal account without the need to open a corporate one. However, this may change according to the law and regulation of every country you are based on so we would review this on a case-by-case basis. Please contact our Relationship Manager for specific information regarding your circumstance and your country specifically.
Corporate account procedure requires our client to provide some legal entity documents that a freelancer is unable to submit. For example when a corporate client applies for a DSBC Financial Europe corporate checking account, they are advised to submit some documents like Certificate of Incorporation/ Registration, Memorandum and Articles of Association, Register of Director & Shareholder, Company Extract ( for European companies only); and a freelancer cannot provide these papers to apply for DNBC corporate account.
On the other hand, a DNBC personal account is also an optimum choice for personal usages. You can execute wire transfers, pay online with DNBC MasterCard, manage your finance effortlessly with payment platform and mobile payment free registration fees and monthly maintenance fee while you only need to provide your identification and address proof.
At this time, with DNBC SWIFT transfer, you can send money from your Euro account to other accounts in any other currencies.
However, when you receive payments in other currencies, the fund will be automatically converted to Euro in your DSBC Financial Europe current account.
Keep your promo DNBC30 while processing your application of opening a new corporate account to get a 30% off maintenance fee within 03 months.
Don’t miss an opportunity to enjoy 100% discount for the first 03 months of account management fee (AMF) when opening DSBC Financial Europe Personal and Corporate account TODAY!
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We are always proud of being an experienced Financial Institution in the global financial payment market.
We provide the Best International Money Transfer Services. DNBC Financial Group can assist you with different payment methods, whether it is a personal account or a business account.