Personal Documents Required for Personal Business Bank Account
About
To successfully apply for a Personal Business Bank Account in the European Union with Monvenience, you need to submit certain documents to verify your identity and financial background.
Required Personal Documents
- Valid Passport
- Proof of Residential Address (such as utility bills, phone bills, or bank statements not older than 3 months).
- Proof of Authority or Appointment (such as a Power of Attorney or Directors’ Resolution).
- Proof of Source of Funds or Wealth (such as employment certificate, pay slips, or bank account statements).
- Supporting document on clients/suppliers (EU invoice/Agreement etc)
How to Apply
Simply gather these documents and submit them through our online form. Our team will review your submission promptly and guide you through the account opening process.
FAQ
- What documents do I need to submit to apply?
You need to provide a valid Passport copy, Proof of Residential Address and Proof of Source of Funds or Wealth. - Why do I need to submit these documents?
To verify your identity and financial background in compliance with European banking and AML regulations. - Do I need to be physically present to open my account?
No. The entire process is completed remotely and online. No visits to the bank required - How long does it take to approve and activate my account?
Once we have all documents, approval typically takes 1–3 business days. - Are there any minimum deposit requirements?
The minimum deposit may vary; please check with the rates and charges page at www.monvenience.com/online-european-bank-account-charges.html - Is this account available to non-EU nationals or non-residents?
Yes. We accept applications from non-EU nationals and non-residents. - What currencies can I use with this account?
Your account will be denominated in Euros (EUR). Certain multi-currency SWIFT IBAN accounts are available upon inquiry.
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