Banking got more complicated. Many entrepreneurs already experienced situations already where banks are freezing or shutting down accounts without warning or further explanation. Suddenly no more money is going in or out the account and business basically comes to a hold.
A true nightmare for every business owner, also a sad reality.
We live in a time where banks no longer take your money and give you interest for it. Instead the times changed and banks find many reasons why not to do business with you, take your money and meanwhile they want you to pay them negative interest. It’s absurd but it’s real.
These days the smart entrepreneurs doesn’t rely on just one bank account with one bank and he diversifies has liquidity to hedge against fluctuations in currencies.
With the rise of Crypto-Currencies, higher standards for Anti-Money-Laundering Law and the Combat of Tax Evasion and Terrorism Financing banks face big changes and challenges, too. Not to mention the bureaucratic monster of the Common Reporting Standard and it’s implications for credit institutes around the globe.
We are here to help you to identify the right banking solution for you personally or your business. We know the Romanian banking landscape very well and we are connected with the most progressive and business friendly banks in and outside of Romania.
Business Bank Account in Romania
We work with a small range of banks which are fairly easy with the onboarding process and don’t require too much of your attention. Banking as it used to be!
Private Bank Account in Romania
If you seek a private bank account with a reputable bank, we can help you achieving this goal with our bank introduction service.
Bank Accounts outside of Romania
If you want to diversify your funds a bit or a bit more, we can help you opening private and business accounts around the globe.