Most refused bank applications are refused for unglamorous reasons: incomplete documents, inconsistent information or a business description that the compliance team could not make sense of. The best way to open an account quickly is to arrive prepared.
Prepare certified colour copies of your passport, a proof of address no older than three months, incorporation documents for the entity, and a clear diagram of ownership. Then invest in the parts applicants most often miss: a written business description covering your activities, clients and expected volumes; source-of-funds and source-of-wealth statements; and contactable counterparties who can confirm your business exists.
Be consistent. The name of your company, the directors you declare and the activity you describe must match, character-for-character, between your application and your corporate documents. Inconsistencies are the single most common reason banks request another round of due diligence.
Work with us and you will receive a tailored checklist before any application is submitted. We review everything you provide, structure the submission for the specific institution, and dramatically shorten the path to a decision.
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This article is general information, not advice. If your situation resembles anything discussed here, write to us and we will respond with a clear, practical assessment — free of charge.
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