Account
opening precheck

Our company provides our clients with a unique service of preliminary checking of the possibility of successful bank account opening. The procedure is an integral part of the bank account opening procedure, and it’s free of charge.

For our clients we open accounts with the most reliable banks in several jurisdictions such as China, Hong Kong, Singapore, Malaysia, etc.

In addition to opening accounts with traditional banks, we can offer you to pre-check the possibility of opening an account with digital banks. Opening an account with such banks has a number of advantages, since the procedure of account opening is rather fast and cheap, and the requirements for the company to open an account are quite low. These accounts can be used for any incoming and outgoing transactions in the same way as accounts in ordinary banks.

What documents are required for corporate account opening?

To start the pre-checking procedure we ask you to fill out on-Boarding Form (our questionnaire) and provide a number of documents such as:

Corporate documents;
Documents proving a company’s business activities (contracts, invoices).

We respect our clients, so at this stage we don’t ask to provide any confidential information, such as the director’s passport, address proof, CV etc.

How does the account opening pre-check procedure go?

Collection of the documents
The client fills out our questionnaire (On-Boarding Memo form) and sends us a number of documents required for bank account opening precheck;
Checking the information and making a precheck summary
Our company staff normally checks the provided documents and makes a precheck summary on the possibility of successful account opening.

In the precheck summary we note:
Whether the company’s place of incorporation is one of the priority jurisdictions for the bank;
Whether the company business scope is one of the bank’s favourable activities;
Whether all submitted documents are correct and sufficient (check the availability of all documents, correct dates and language);
Whether a company has any advantages for a successful account opening, such as a bank statement in another bank, a number of contracts with customers and suppliers, sister company bank statements, a letter of recommendation, etc.
What additional documents need to be provided for successful account opening approval from the bank.
Sending the precheck summary to the client
Then the precheck summary is sent to the client. If the results of the precheck summary indicate a high probability of successful account opening, we ask the client to confirm intention to proceed with the Guaranteed account opening procedure.
After that, the final part of the account opening procedure begins (Guaranteed account opening).