How to Open a Business Bank Account Remotely
Step-by-Step Guide
In today’s digital world, business owners no longer need to stand in line or meet a banker in person to open a company account.
BCG’s guide walks you through the exact steps to open a business bank account completely online, from required documents to verification tips, even if you’re based outside the bank’s country.
Whether you’re a startup founder, a digital nomad, or running a global e-commerce store, opening a bank account remotely is not just possible, it’s practical.
Let us guide you through the entire process and match you with the right banking partner for your business needs.
1. Why Remote Bank Account Opening Matters
- Global Reach: Easily receive and send international payments without location restrictions.
- Lower Costs: Save money by avoiding travel, in-person appointments, or local registration.
- Faster Start: Get your business bank account up and running in just a few days.
At Business Consultation Group, we help individuals and businesses open business and personal bank accounts online without unnecessary delays or paperwork.
2. Common Challenges with Remote Bank Account Opening
A) Digital Identity Verification
Most banks are required to follow strict KYC (Know Your Customer) regulations.
Verifying your identity online can be challenging without the right tools or preparation.
What You Can Do:
- Provide clear, high-resolution scans of your passport or ID.
- Make sure your personal details match exactly across all documents.
- Choose banks that offer video calls or use verified digital identity platforms.
B) Regulatory Requirements in Each Country
Each country has different banking laws, document requirements, and rules for non-residents or foreign companies.
What You Can Do:
- Research the country’s requirements or work with an expert like us who already knows the process.
- Have your company documents, proof of business activity, and tax registration ready.
- Use one of our ready-made business packages, like our Hong Kong company setup or English company package, which include everything you need for banking.
C) Banking Restrictions for Non-Residents
Traditional banks often hesitate to approve accounts for foreign clients or companies without local presence.
What You Can Do:
- Work with banks that specialize in international or offshore clients.
We list several business bank account options here. - Be transparent about your business model and provide all documents upfront.
- Consider digital banks and fintech solutions that welcome non-resident customers.
3. Step-by-Step:
How to Open a Business Bank Account Online
- Step 1 – Choose the Right Bank: Look for banks that support remote onboarding, non-residents, and your business activity (e.g., e-commerce, consulting, crypto, etc.).
- Step 2 – Prepare Your Documents: You’ll typically need:
- Passport or national ID
- Proof of address (utility bill, bank statement, etc.)
- Company registration documents
- Business description or website
- Tax ID (if applicable)
- Step 3 – Complete the Application: Apply online via the bank’s website or with help from our team. Fill in all details carefully.
- Step 4 – Submit Documents: Upload scanned copies or email them securely as requested by the bank.
- Step 5 – Verification: Some banks require a video call or live selfie to confirm your identity.
- Step 6 – Get Your Account Details: Once approved, you’ll receive your IBAN or account number, login credentials, and optionally a debit card (Visa or Mastercard).
If you don’t want to deal with all the formalities yourself, contact us
we help you through the entire process with guaranteed follow-up.
4. Pro Tips for a Smooth Experience
- Be Consistent: Your name and business info must match exactly across all documents.
- Stay Available: Respond to any emails or questions from the bank quickly to avoid delays.
- Track Regulations: Stay informed if the country changes its banking policies or documentation rules.
5. Is a Digital Bank Better?
In many cases, yes!
Digital banks (also called neobanks or fintech banks) offer faster setup, lower fees, and user-friendly apps.
Some of the advantages include:
- IBAN in your company name
- Visa or Mastercard debit cards
- Multi-currency accounts
- Direct integration with online payment providers
- No in-person verification needed
We work closely with several digital banking solutions that accept applications from over 60 countries, including the EU, UK, Asia, and the Caribbean.
FAQ - Remote Bank Account Opening
1. Can I open a business bank account without visiting a branch?
Yes, many banks and fintech companies now allow you to open a business account remotely.
No physical visit is required if your documents are in order and your business is properly registered.
2. What documents do I need for remote account opening?
You’ll typically need a passport or national ID, proof of address (like a utility bill), business registration documents, and a short description of your business activity. In some cases, banks will also ask for tax registration.
3. How long does it take to open an account remotely?
With the right documents, it usually takes 2 to 5 business days. Some digital banks approve accounts even faster. We help you avoid delays by reviewing your documents in advance.
4. Is a digital bank account safe for international business?
Yes, digital banks are regulated just like traditional banks and use advanced security systems.
Most offer full online access, multi-currency accounts, and debit cards backed by Mastercard or Visa.
5. Can I open both a business and personal account remotely?
Yes. We help clients open both types of accounts completely online.
Visit our business account page to get started.
