Home 5 FAQs

FAQs

We are here to help

At our company, we understand that expanding a business internationally can be a daunting task. Here, you’ll find information about the services we offer, the cost of opening a bank account, and the documents required.

Need to know more?

If you still have questions or need more information, please don’t hesitate to contact us. Our team of experts is dedicated to providing excellent customer service and will be happy to help you in any way we can. Whether you’re just starting out or looking to expand an existing business, we’re here to guide you every step of the way.

FREQUENTLY ASKED QUESTIONS

Whether you’re a new customer or a long-time supporter of our business, we hope you’ll find this resource helpful. If you can’t find the answer to your question here, please don’t hesitate to contact us directly. Our team is always happy to help.

Is it possible for a non-resident to open a business bank account in the UK or EU ?
The answer is yes, however, it can be a complex process. The level of difficulty may vary depending on the size and type of your business. At Open, we are here to help you through this process and take care of all the required steps for you.
What are the costs associated with our services ?

The cost varies depending on the specific circumstances of your case. We don’t charge any fees until your application is pre-approved by a financial institution or EMI. Once pre-approved, we charge a 50% fee. The remaining 50% will be invoiced once your bank account is established.

On average, the cost ranges from €1,000 to €5,000 per account, which is significantly cheaper compared to similar services on the market.

What kind of information will be required in the process?

Our goal is to make the process of opening a bank account as simple as possible for you. Therefore, we will not ask for a lot of unnecessary information. The questionnaire will be short and designed to help us identify any potential issues with your application and match you with the right banking partner that suits your needs.

Here are some examples of the types of questions you can expect in the questionnaire:

  • What is the purpose of opening a UK/EU business bank account?
  • Which currencies will you need to use?
  • What is the size and nature of your business?
  • What is the expected monthly volume of transactions?
  • What is your annual revenue?
What kind of documentation will be required ?

Our goal is to make the process of opening a bank account as simple as possible for you. Therefore, we will not ask for a lot of unnecessary information. The questionnaire will be short and designed to help us identify any potential issues with your application and match you with the right banking partner that suits your needs.

Here are some examples of the types of questions you can expect in the questionnaire:

  • What is the purpose of opening a UK/EU business bank account?
  • Which currencies will you need to use?
  • What is the size and nature of your business?
  • What is the expected monthly volume of transactions?
  • What is your annual revenue?
How long does it take to open a business bank account?

he time frame for opening a business bank account can vary depending on the specific circumstances of your case and the bank you choose. However, on average, it can take anywhere from 4 to 8 weeks.

Our team of experts will work with you to ensure that the process is as smooth and efficient as possible.

Can you guarantee that my application will be approved ?
We cannot guarantee that your application will be approved as it ultimately depends on the bank’s decision and their compliance requirements. However, our team of experts has a wealth of experience in this field and will work with you to ensure that your application has the best chance of success.
Is your fee a one-off?
Yes. We do not offer and/or charge any subscription services.

FREQUENTLY ASKED QUESTIONS

Whether you’re a new customer or a long-time supporter of our business, we hope you’ll find this resource helpful. If you can’t find the answer to your question here, please don’t hesitate to contact us directly. Our team is always happy to help.

Widelia, Global Success starts with Us

Leading International Banking Introduction Services

Latest News

What to Do If Your Business Bank Account Is Frozen

by | Oct 14, 2026 | Blog | 0 Comments

Few banking problems become operational emergencies as quickly as a frozen business account. Salaries may still be due, suppliers expect payment and customers may...

The End of Anonymous Structures: What to Do Next

by | Oct 7, 2026 | Blog | 0 Comments

Anonymous structures and hidden beneficial ownership are becoming increasingly difficult to maintain in 2026 — and the regulatory pressure is only growing stronger....

Where to relocate your business in 2026

by | Sep 30, 2026 | Blog | 0 Comments

Business relocation is no longer primarily driven by tax considerations. In 2026, entrepreneurs are increasingly moving their companies to gain access to better...

MULTI-JURISDICTION STRUCTURES – HOW TO STAY COMPLIANT

by | Sep 23, 2026 | Blog | 0 Comments

As businesses expand internationally, many discover that operating through a single company is no longer the most efficient solution. Different markets have different...

Is Offshore Still Legal?

by | Sep 16, 2026 | Blog | 0 Comments

Contrary to popular belief, offshore companies remain completely legal when established and operated in compliance with local and international regulations. The issue...

economic substance offshore companies 2026

Economic Substance in 2026: What Offshore Companies Must Prove

by | Sep 9, 2026 | Blog | 0 Comments

Economic substance requirements for offshore companies have become one of the most important compliance challenges in 2026 — and failing to meet them can cost...

Payment Routing Strategies for High-Risk Businesses

by | Sep 2, 2026 | Blog | 0 Comments

As payment providers tighten their underwriting standards, high-risk businesses are finding it increasingly difficult to maintain stable payment processing. Declined...

match list merchants blacklisted payment processing

MATCH List Explained: How Businesses Get Blacklisted

by | Aug 26, 2026 | Blog | 0 Comments

The MATCH List is one of the most serious consequences a merchant can face — and being blacklisted can makeit nearly impossible to accept card payments for years. For...