Eternity Law International News Open a bank account in Poland

Open a bank account in Poland

Published:
October 7, 2020

Poland is a very perspective country both for traveling and providing services. So we prepared a short guide with the main information for the bank account opening.

Required documents

The requirements differ to the residents and foreigners. If you have Polish citizenship the procedure is fast and simple. You need to check a bank policy before applying for the account opening.

The standardized pack of documents includes:

  1. passport;
  2. proof of residence (utility bills or rental contract);
  3. proof of employment for those, who need to open an account for personal usage.

In case you need a corporate account you should also submit statutory documents of the company.

Some banks allow to submit documents online, so you do not need to come to the department in person. The credit card, bank guarantee or account receipt can be delivered by the courier. Unfortunately, this service is available only for those clients, who are in Poland.

It is worth noting, that non-residents can get a simplified account version. It is called PO Box and it can help you issue documents for the move.

How to choose a bank?

Poland has a variety of local and international banks, so it may be a hard choice for the person who is not familiar with the financial system and current market situation.

We recommend paying attention to the local banks, which are connected with the global networks or have departments abroad. They are considered to be the safest.

THE COST OF ACCOUNT SERVICE

A fee is one of the other criteria for choosing an appropriate bank. Be attentive and read the conditions for the account owners. Some institutions are more flexible for business clients, others are loyal for the individuals.

Some banks can take a regular payment for the service of the credit card, no matter is it used or not. An average monthly fee is about 15-20 Zloty. If the price is higher, you should find an alternative institution.

You can ask for the option of the annual service fee. In this case, the money will be taken only once a year, and a final price will be a little bit lower than the sum of monthly contributions.

The other important fees are connected with the commission of money withdrawal and international transfer. So, it is better to outline the priorities and the most frequent operations, and then to seek for a bank with the most attractive conditions.

Our specialists will help you to choose an appropriate bank and to gather the required documents. Please, feel free to contact us for help or additional information.

Please join our Telegram channel in order to keep updated for the new offers.

You could be interested

Extradition Defense in France

Just imagine that you’re living in France, minding your business, when you get a letter—or worse, a visit—saying you’re being requested for extradition. Your stomach drops. Your mind goes blank. You hear “court,” “foreign country,” “surrender,” and suddenly, everything you thought you understood about law, safety, and control… shifts. The good news? You’re in France....

White-Collar Crime Defense Switzerland

First of let’s be clear such felonies are not the simple one—white-collar crime doesn’t have the drama of a heist or a chase scene, but the fallout can be just as catastrophic. When financial or corporate misconduct is alleged, careers, reputations, and entire companies hang in the balance. When the conversation goes about Switzerland, known...

India Forex License

Forex-activity is exchanging currencies. Concept and essence of FX-market covers worldwide currencies trading area, which is biggest and most active financial market globally. Daily turnover of funds there exceeds $ 5 trillion in total value. This amount is greater than the turnover of each of their national market-spaces in aggregate. Forex-market participants today are big-scaled...

TOP 6 Best Jurisdictions for Asset Management License

Organizations whose main activity is to take at their disposal and control the funds of investors are subject to licensing. The global market strives for active mass interaction and integration, so opening a company abroad and obtaining an asset management license gives entrepreneurs the official right to accept capital for management-activities from investors from other...

PSP license in Georgia

In modern countries, or remittance service providers are controlled by the National Bank of country, which oversees and supervises the remittance system in the country. PSPs are defined as business-companies that supply payment favors, including issuance of payment instruments, acquisition of remittance transmissions, and remittance favors. To control as a remittance favors supplier in Georgia,...

Company Liquidation in Bulgaria

The act of liquidating a company in Bulgaria manifests as a meticulously orchestrated juridical ceremonial entailing the cessation of a mercantile fellowship and the propitiation of all lingering indebtedness. Whether incited by impecunious predicaments, sagacious adjudications, or legislative transmutations, liquidating a company in Bulgaria necessitates fealty to stringent forensic protocols. Proprietors must peregrinate through a...

Related posts

Open an offshore bank account

Open an offshore bank account – why do you need to open it today? Most of legal entities and individuals use internal bank accounts. In some cases, this is sufficient for making payments. However, if you are serious about international investing and pay special attention to protecting your savings, then it is not recommended to rely...

Open a bank account in Slovakia

If you need to open a bank account abroad, but you are not sure what country to choose, pay attention to Slovakia. It is a small country, situated in Eastern Europe, and its economy is growing rapidly. The bank account will help you to travel across the country and enjoy all the tourist attractions. Also,...

Open a bank account in Malta

There is plenty of reasons to open a bank account outside his home country. That can be a desire to wide business, enter new markets or find new partners abroad. The safety and reliability of the bank are the main points in bank choosing. Other important conditions are terms and low requirements. In this article,...

Open a bank account in Estonia

Estonia is one of the most stable countries in the European Union. For the last years the government here introduced some changes into the financial sector regulation. Among them, we should name an electronic system of interaction with the authority. Also, Estonia is situated near developed European countries and can become a launching pad for...

Open a bank account in Cyprus

Cyprus is the most attractive country for business registration. It proposes low taxation, simple procedures for incorporation and subsequent business management and stability in politics and law. If you plan to form your company in Cyprus, you have to open an account in one of the local banks. It will be a profitable investment, as...

Choosing a bank to open an account

SELECTING A BANK FOR OPENING AN ACCOUNT FOR A BEGINNING BUSINESSMAN Choosing a bank to open an account is one of the first steps for every startup. The most important stage for each startup is to create, think through and correctly draw up a financial plan. A good business plan can attract investors and allow...
Fill the blank: