Increasingly stringent due diligence tests mean that opening a bank account in a foreign country is a difficult and time-consuming process, with many applications being turned down.
1st Step’s considerable expertise and extensive network of international banking connections means that we are able to identify the right banking solutions for your business.
More than this, thanks to our extensive processes and exhaustive checks, we are able to offer a fee-refund guarantee that you will achieve a successful bank account opening (subject to you meeting minimum requirements).
In order to maximise your chances of a successful account opening we must conduct a due diligence procedure to verify your eligibility. This important pre-screening process is conducted in complete confidence and in accordance with our strict client data management policies.
Because this work is a prerequisite for our service, the pre-screening fee of €300 is non-refundable. However, payment of this fee will count towards the total cost of the service fee if the due diligence process is successfully passed.
If your company has passed our due diligence process and we are still unable to open a bank account or payment platform for you, we will refund 75% of the service fee. However, thanks to our exclusive network we have a current success rate of over 89%.
Contact us now to discuss your specific circumstances and our experts will be happy to advise on the next steps you should take.
1st Step have excellent relationships with our network of banks and payment processors. We are an “approved introducer” to most of them, and operate in partnership to facilitate international banking arrangements for a wide range of corporations and high net worth individuals.
Although the final decision on granting banking facilities rests with the banks, our exclusive pre-approval procedure means that we save our clients time and money by providing a high level of certainty. Our current success rate for clients who pass our pre-approval is almost 90%.
1st Step’s mission is to make opening accounts faster, easier, and more certain than ever before.
We then receive the relevant bank documents and these are sent to you by courier.
But at 1st Step we don’t just provide a product – we provide a 1st class service. Your 1st Step account manager will remain your primary contact for all further communications with the bank and ongoing maintenance of your account. The services of a signatory are also available to assist you with bank transactions.
