BANK ACCOUNT OPENING. CLIENT FUNDS SAFEGUARDING ACCOUNTS. PI AND EMI AGENT REGISTRATION
The banks and financial institutions in the European Union are subject to strict anti-money laundering and other prudential regulations. As a result, opening a bank account in Eurozone is a complex procedure requiring specific knowledge and experience.
An account opened in the European financial institution allows fast and easy payment processing at low cost in all SEPA countries without any restrictions as home country payments. Payment and Electronic Money Institution Agent registration allows provision of the services and opening of IBAN accounts for own clients under the partner PI or EMI license without any additional licensing.
ECOVIS ProventusLaw provides services of the bank and electronic money account opening as well as segregated (correspondent) client funds safeguarding accounts for financial institutions and FinTechs in the European banks. Payment Institution and Electronic Money institution Intermediary Agent or Distributor registration is a part of our service.
The experience of ECOVIS ProventusLaw includes the following
Bank and EMI account openingBank and electronic money institution accounts opening for companies in Europe
Bank accounts for Fintech’s. Agent registrationClient funds safeguarding bank accounts. Payment and Electronic Money Institution Agent registration
Direct access to SEPA for Fintech’sSingle Euro Payments Area (SEPA) connection for Fintech’s. Client IBAN account generation
Knowledge without experience is of little use. Therefore we are proud of having our own valuable experience to share with you.