Case: Opening corporate accounts in a neobank with an English license
What was the client's request?
The client is the owner of a holding company that operates a stevedoring business in Latvia.
The task was to open corporate accounts for eight companies in the group.
Requirements:
- low fees for large transaction volumes;
- international payments without currency restrictions;
- fast transfers;
- a personal manager available 24/7.
Why couldn't he accomplish the task on his own?
- He needed to open eight accounts at once and centralise management.
- Many banks do not provide personal support and a single account.
- Interacting with different institutions on his own would have taken a considerable amount of time.
What solution did we offer and why?
- We selected a neobank with an English license that met the requirements in terms of tariffs and speed of service.
- All accounts are combined into a single online banking interface.
- A personal manager was assigned to provide ongoing customer support.
Were there any difficulties?
It was necessary to coordinate the opening of eight accounts simultaneously and synchronise them under one system.
All stages were completed without delay.
Case duration
Three months from the date of submission of documents to the activation of all accounts.
What specialists were involved?
- specialists in international banking support;
- a consultant on fintech platforms.
Result
The client received:
- 8 corporate accounts combined into one banking system;
- centralised financial management;
- the ability to make international and bulk payments (including salaries)
