Consulting on account opening with an Estonian bank

• preliminary analysis of the case: we analyze the case from the bank’s perspective, define its strengths and weaknesses, risks, and explain them to our client
• advising the client in completing the forms for account opening: we recommend how to present the information favorably, which aspects to describe in detail, and which issues to highlight
• advising the client in preparing the package of documents KYC: we help our client to prepare information about the origin of funds and the package of documents according to the bank’s requirements
• assistance during communication with the bank and preparation of answers to additional questions

All Estonian banks require evidence of the connection with Estonia (substance): a physical office and/or a warehouse in Estonia, local employees, local clients, or suppliers.

As a rule, the account is opened within 4–12 weeks, depending on the complexity of the case.