A Corporate Account can only be opened by the head of a company who has completed the identification procedure.
If you are not the head of a company, but an authorized person, you also need to complete the identification procedure. Afterward, you'll be required to submit a power of attorney or a permission with e-signature by the company head to complete the steps to open a Corporate account.
The main difference lies in their purposes:
A Personal Account is mainly for personal needs such as money transfer, individual consumption with simpler procedures.
A Corporate Account is more about commercial or business purposes. it can perform more transactions in one day with a higher transaction limit. A Corporate Account has all the functions of a Personal Account and the exclusive Merchant Account function. In short, if you are interested in running your business online effectively, you should choose to open a DSBC Financial Europe Corporate Account
Companies that are not registered in Lithuania can apply for a DSBC Financial Europe Corporate account with a simple procedure. The companies only need to provide following documents:
If you carry out individual activities under a business certificate, you can collect payments to your Personal Account.
The new head of the company has to register in the DSBC Financial Europe system. After registering and completing the identification procedure, he/she has to click on the cogwheel icon at the upper-right corner and select Corporate Account. After he/she enters the company code, the company will be assigned to him/her and the rights of the previous manager will be canceled.
In case the process of assigning the Corporate Account to the new head fails (the data on the head of the company may be not updated), please send us an extended statement from the Center of Registers to our Client Service Department with the data of the company and the new head. We will remove the access rights of the previous manager and provide them with the new one.
You can submit documents in your account: select the cogwheel in the upper menu and click on My documents.
After logging in to your DSBC Financial Europe account, you will see your name and surname on the upper-right corner. Here you can choose the account (Corporate or Personal) you want to manage.
Production or trade in any product or activity deemed illegal under host country's laws or regulations or international conventions and agreements, including, without limitation, host country's requirements related to environmental, health and safety, and labor aspects.
The above list is not exhaustive and may be subject to regular changes.
DSBC Financial Europe will refuse to work with any customers whose nationality is in the “rejected jurisdiction” list under any circumstances.
According to the European Commission, the purpose of a high risk third country list is to ensure safe and effective business activities.
DSBC Financial Europe is not an exception, we aim to deliver extreme security and trust to our customers so we are committed to comply with the list.
Please take a look below:
Rejected List of Jurisdiction/Nationality with DSBC Financial Europe
An account held by a foreign offshore bank is often referred to as an offshore account.
Usually, the individual or company maintains an offshore account for the financial and legal advantages it offers.
See more: The 5 Benefits of Offshore Bank Accounts
Totally yes. DSBC Financial Europe will welcome and accept online applications to open an offshore account with our dedicated consultant team and professional experts.
You or your corporation can access www.dsbcf.com.
Our Relationship Manager will contact you soon to instruct and assist you in account opening.
The process is simple and easy. Once we receive the required documents, DSBC Financial Europe will have your account opened within 3 or 4 working days after the successful 1st transaction of €3,000 (available balance when the official account is created and can be used for outgoing transactions).
Unlike domestic accounts, offshore accounts offer the option of which currency to retain the funds. This may be a very useful feature of an offshore account, particularly if one's domestic currency is unstable or is expected to depreciate.
In short, the 5 key advantages of offshore banking are:
There is no extra fee associated with your corporate account during the time of usage, only an amount of €1,200 is kept to secure the monthly fee of Account Maintenance in 1 year.
DSBC Financial Europe is a payment institution that is licensed with the Central Bank in Lithuania in 2017. In addition, we are also approved by all EU countries to do business in 31 nations. As a payment institution, we primarily provide personal current account and corporate current account services. Our extra services are foreign exchange and merchant account services. Not only do we run business across Europe but also around the globe.
We are always proud of being an experienced Financial Institution in the global financial payments.
We provide the best platform payment as well as transfer money online easily worldwide. Whether your need for personal or business we can help fit your need smoothly.