Banking Solutions

Benefits of Our Assistance in Banking Solutions
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• Expertise: Our team has a a lot of knowledge and experience in the banking industry, which allows to guide you through the process of high risk bank account opening and provide advice on the most suitable banking solutions for your crypto business account;
• Time-saving: corporate bank account opening can be a time-consuming process, especially if you are unfamiliar with the requirements and procedures or you are considered to be high risk bank account client. Our team can streamline the process and ensure that all the necessary documentation is completed within no time;
• Access to multiple options: We have established relationships with various financial institutions for uab bank in Lithuania opening, which means we can offer you a range of high risk bank account options like opening a crypto bank account in Lithuania, crypto to bank account (clients’ funds), crypto business account and more to choose from based on your needs and preferences;
• Customization: We offer banking solutions which can tailor their services to meet the specific needs of your business, wether it is operational crypto business account or crypto to bank account (clients’ funds). We can help you choose the right type of account, negotiate favorable terms, and provide ongoing support as needed.

Process of Account Opening
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1. Initial interview
   We set up the meeting with our client to discuss the business model, business needs in terms of banking and propose a few different banking solutions. During the initial interview, we gather general information about the client’s business risk profile, necessary additional services, thus we may offer the most suitable option.
2. Choose a bank
   The first step is to choose a bank where you want to open an account. Our legal professionals will provide you with the overview of the banks and or electronic money institutions in advance and compare their account types, fees, and requirements. Our primary focus is opening accounts for uab bank in Lithuania, crypto bank account in Lithuania, however, we operate in other jurisdictions as well.
3. Gather necessary documents
   The next step is to gather the necessary documents, which can include corporate documents, shareholders’ / managers identification documents, proof of address, and proof of funds, etc.
4. Submit an Application
   Once we have gathered the required documents, we will to fill out an application form on behalf of our clients, which in most cases can be done online.
5. Verification
   The bank or electronic money institution will then verify client’s identity and the information provided in the application. This usually can be done via online verification link.
6. Account activation
   Once your application has been approved, you will be issued with the IBAN number, which shall be used to deposit the required amount of money into the account and activate it. After this, you may order other banking services, such as cards, clients’ funds accounts, etc.  

Additional services related to Corporate Banking Solutions
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1. Establishment of organizational structure – assistance identifying the appropriate legal structure, incorporation of holding companies in tax efficient jurisdictions, transferring companies shares, designing ownership structure, etc.;
2. Tax advisory – guidance and advice regarding tax obligations and liabilities, minimizing tax liabilities from cross-border activities, creating a tax planning strategy, etc.;
3. Preparation of internal documentation – preparation of tailor made AML / CTF Policy with Annexes, Terms & Conditions, Privacy Policy, Cyber Security Policy, etc.;
4. Assistance in hiring employees – guidance and support to employers who are looking to hire new staff. Such service includes potential employees background / knowledge check, interviewing, establishment of employment policies and procedures, etc.;
5. Assistance in creating partnerships – support and advisory in various potential partnerships and collaborations with other entities in terms of additional services (e. g., IT, KYC, banking service providers) or additional financing (e. g., organizing meetings with VC, agnel investors, preparation of pitch deck, etc.)

For more please see our Services page.