Opening a corporate account in payment systems
Fully remote procedure
Opening accounts in different banks
From 1500 EUR
Professional assistance and support at every stage of the account opening process.
Payment systems offer solutions that significantly simplify financial operations for businesses. Each year, they are becoming more popular, especially among startups, small and medium-sized enterprises, and companies operating internationally.
One of the main advantages of these systems is their speed and simplicity. Unlike traditional banks, where opening an account can take weeks or even months, payment systems provide a fast, fully online process. Businesses can start working with clients and partners within just a few days, without unnecessary bureaucracy.
In addition, payment systems offer low transfer and service fees, making them particularly attractive for small and medium-sized companies. Multi-currency accounts and convenient international transfers allow businesses to easily work with clients and suppliers worldwide, reducing conversion costs and fees.
Even more importantly, payment systems are actively implementing advanced technologies such as blockchain and artificial intelligence, increasing security and simplifying financial management. These innovations make payment systems ideal for companies aiming to scale and expand internationally.
One of the main advantages of these systems is their speed and simplicity. Unlike traditional banks, where opening an account can take weeks or even months, payment systems provide a fast, fully online process. Businesses can start working with clients and partners within just a few days, without unnecessary bureaucracy.
In addition, payment systems offer low transfer and service fees, making them particularly attractive for small and medium-sized companies. Multi-currency accounts and convenient international transfers allow businesses to easily work with clients and suppliers worldwide, reducing conversion costs and fees.
Even more importantly, payment systems are actively implementing advanced technologies such as blockchain and artificial intelligence, increasing security and simplifying financial management. These innovations make payment systems ideal for companies aiming to scale and expand internationally.
Opening an account with a payment system provides your business with flexibility, speed, and cost efficiency.
Regional Payment Systems
We assist with opening virtual bank accounts in the following banks:
Banks
Lianlian is a Chinese payment system specializing in international payments and transactions for small and medium-sized businesses. It offers solutions for online merchants and enables receiving and sending payments in multiple currencies. Lianlian actively works with the Chinese and Southeast Asian markets, offering low fees and fast international transfers.
WorldFirst is an international payment system focused on transactions for small and medium-sized enterprises. It provides multi-currency accounts that allow companies to work with clients worldwide, minimizing international transfer fees. WorldFirst supports over 50 currencies and offers competitive exchange rates for businesses operating across multiple countries.
xTransfer is a payment system specializing in international money transfers and currency conversion for businesses. It offers services for companies in e-commerce and simplifies working with clients in different countries. xTransfer provides fast and easy account opening, low fees, and rapid transaction processing.
Airwallex is a fintech company offering solutions for international payments, multi-currency accounts, and cash flow optimization. It allows businesses to open accounts and manage finances across different countries, providing competitive exchange rates and high-speed transfers. Airwallex is especially popular among tech companies and startups.
Aspire is a financial management and payment platform designed for small and medium-sized enterprises in Singapore and other Southeast Asian countries. Aspire offers solutions for managing corporate accounts, cards, and transactions. It enables businesses to easily manage funds, send international payments, and operate with no hidden fees.
Currenxie is a global payment system providing services for businesses that need to make international transfers and work with multiple currencies. The company offers multi-currency accounts ideal for international enterprises, helping reduce conversion costs and speed up operations.
RD Wallet is a payment system focused on the Chinese market, providing solutions for international companies working with China. It offers multi-currency accounts, efficient online payment solutions, integration with trading platforms, and easy corporate finance management. RD Wallet is widely used by businesses in e-commerce and import-export.
Statrys is a payment system designed for startups and small companies operating internationally. It provides international transfers, multi-currency accounts, and currency conversion with low fees and fast processing. The platform is especially popular among entrepreneurs in e-commerce and digital industries.
Reap is a payment system offering financial solutions for small and medium-sized businesses in Singapore and Hong Kong. Reap provides multi-currency accounts, corporate cards, and cash flow management tools, as well as fast payment processing. It is ideal for businesses engaged in international trade that need flexible solutions for working with clients and suppliers.
Rapyd is a global financial platform offering payment processing solutions in multiple countries, including China, Singapore, and Hong Kong. Rapyd provides multi-currency accounts, an easy setup for accepting payments, and international transfers. The platform is well-suited for companies working with multiple currencies and markets, offering competitive conditions for global transactions.
Documents required to order the service
On Boarding Memo
1
Corporate Documents
2
Special Documents
3
- Certificate of Incorporation.
- The latest Business Registration Certificate.
- The latest NAR1 (or NNC1 for newly formed companies).
- Articles of Association.
- A color scan of the director’s and shareholder’s passport (photo page), with a resolution of at least 300 dpi.
- Proof of address (utility bill, bank statement, driver’s license) in English, not older than 3 months.
- Director’s résumé.
- Director’s business card (if available).
Proof of Business Activity
4
- Two sets of Contract + Invoice + Delivery Note with a buyer from the last 6 months.
- Two sets of Contract + Invoice + Delivery Note with a supplier from the last 6 months.
- A bank statement from another corporate bank account (may significantly affect pre-approval).
- The Director’s or Shareholder’s personal bank statement (if available).
- Company website (if available).
- Presentation of services or products.
Step-by-step procedure
Choosing a payment system
At the first stage, you need to select a payment system that meets the needs of your business. This depends on your operations, business scale, need for multi-currency accounts, and international transfers. Popular systems such as Airwallex, Aspire, WorldFirst, and others offer various business solutions.
Filling out the application and submitting documents
After selecting a payment system, you will need to complete an account opening application and provide all required documents. The document submission process may be fully online, with the option to upload scanned copies or photos.
Verification process (KYC)
The payment system will carry out a verification of the information you provided. This includes identity checks for shareholders and directors, as well as verification of your business activities and financial background. The process may take anywhere from a few days to several weeks, depending on the complexity and the amount of information submitted.
Approval and account opening
Once the verification is completed, the payment system will notify you of the account status. If the verification is successful, a corporate account will be opened. You will get access to your account through the payment system’s online platform or mobile app, where you can start managing your business finances.
Connecting additional services
After the account is opened, you can activate additional services such as corporate cards, online payment acceptance, international transfers, and other financial tools depending on the offerings of the specific payment system.
Service cost
Opening a corporate account with payment systems
€
1500
Opening personal bank accounts in Hong Kong and Singapore
€
2450
We guarantee that this price is final
Related services
Frequently Asked Questions
We open accounts with virtual payment systems Lianlian Global and Airwallex.
If the bank approves the application, account opening is guaranteed. The service fee is paid only after the account is successfully opened.
Opening an account with a payment system may take from several days to several weeks, depending on the bank and the complexity of the document verification.
No, opening an account with a payment system is completely remote.
A virtual account is opened and managed entirely online, the process is faster and cheaper, but the range of services is more limited.
A traditional bank account requires an in-person visit, takes more time, but offers a wider range of services, including loans and investment products.
A traditional bank account requires an in-person visit, takes more time, but offers a wider range of services, including loans and investment products.
Useful articles about bank account opening
Why choose us?
Licensed Corporate Secretary
Direct Services in China and Singapore
We provide services directly in Hong Kong, China, and Singapore without intermediaries. This speeds up the registration process and enables clients to manage their businesses more efficiently in these jurisdictions.
We are a licensed provider of corporate secretary services in Hong Kong, ensuring full compliance with local laws and regulatory requirements. Our license guarantees the reliability and security of the services we provide.
Comprehensive Turnkey Services
We offer not only company registration but also full support services: accounting, assistance with bank account opening, and handling correspondence at the company’s registered address. This ensures convenience and minimizes bureaucratic complexities for our clients.
Experience Since 2016
Since our founding in 2016, we have successfully assisted hundreds of companies in registering and efficiently conducting business. Our experience with international clients allows us to cater to the unique needs of each company, regardless of size.
Personal Manager for Each Client
Each client is assigned a personal manager who guides them through all stages of registration and ongoing support. This individualized approach ensures tasks are handled promptly and according to client expectations.
Confidentiality and Data Security
We guarantee complete confidentiality and protection of client data, strictly adhering to commercial secrecy regulations. Your information is secure at every stage of our cooperation.
Transparent and Fair Pricing
We provide clients with detailed cost breakdowns of all services, avoiding hidden fees. This ensures full transparency and predictable expenses.
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