Bilderlings is a UK-licensed fintech platform offering all types of innovative banking services: checking accounts for individuals and companies, international and local transfers, payment cards, mass payouts.
Bilderlings current account provides direct payments in pounds and euros, acceptance and sending of payments in 17 currencies (SWIFT payments, direct details), round-the-clock conversion at the current rate, personal IBAN.
Also, clients from different jurisdictions are offered the opening of temporary accounts (for company registration and share capital contribution) and transaction accounts (for real estate purchased in Latvia - relevant for non-residents). Placement of deposits for EU residents.
OPEN AN ACCOUNT IN BILDERLINGS PAY LTD
Personal, corporate (all accounts are multi-currency).
All payments are made using direct details, except GBP.
Payments in USD are available for such countries as: Uzbekistan, Tajikistan, Lithuania, Bangladesh, Serbia, Kyrgyzstan, Armenia, Belarus, Turkey, Mongolia, Moldova, Angola, Ukraine, Tanzania, Estonia, Australia, Puerto Rico, Vanuatu, Montenegro, Gambia .
A new system for processing direct bank payments, Open Banking, is available, which allows you to make instant payments for various types of activities, including high risk.
The payment system does not open accounts for offshore companies, but considers gambling companies and high risk ones.
Additionally, it is possible to integrate a current account via API (the account is integrated with your services to automate processes).
Cost of opening an account:
- for a private person – 20 EUR;
- for a local company – 150 EUR;
- for a foreign company - 1000 EUR;
- for companies with high risk or complex structure - from 2000 EUR.
Urgent account opening - 500EUR /2000 EUR (depending on the country of registration).
The cost of closing an account - free.
The minimum account balance - none.
There are no limits on payments.
There are no limits on monthly turnover.
Latvia: Riga.
Personal account, Android/iOS application.
Account maintenance:
- for a private person – no commission;
- for a local company – 20 EUR/month;
- for a foreign company - 100 EUR/month;
- for companies with high risk or complex structure - 350-500 EUR/month.
Transfers (SEPA) - from 45 EUR.
Transfers (SWIFT) - from 75 EUR.
More details about the tariffs of the payment system can be found.
The procedure of opening the account consists of two stages: the preliminary stage and final stage of opening an account.
The preliminary stage includes the process of collecting and filing your documents which are required for opening an account. The terms of preliminary stage depends wholly on you.
The account is opened within 2-7 working days from the date of submission of all necessary documents in the payment system. Subject to the provision of all documents and the transparency of the company's activities, it is possible to open an account in one business day.
Bilderlings pay limited follows KYC policy and reserves the right to require additional documents what may lead to account opening term exceeding, as well as refusing of account opening without reasons explanation.
Working languages: Russian, English, German.
Mastercard - contactless plastic payment cards, as well as virtual cards.
The package of documents for opening an account depends on the type of business, its structure and jurisdiction.
Documents for the company - the originals of all statutory documents are required. If more than a year has passed since the date of registration of the company, the payment system may request:
- Certificate of Good Standing under the apostille;
- Certificate of Incumbency under the apostille.
For companies that have previously carried out activities, it is necessary to provide documents on the activities (concluded agreements, invoices, transport documents, bank statements).
Documents for the account holder:
- original of national passport;
- original of foreign passport;
- original of identification code (taxpayer number);
- curriculum vitae;
- original of bank reference;
- original of utility bill (for gas, electricity) from the place of residence no older than 3 months (to prove the place of residence).
Documents for the beneficiary:
- original of national passport;
- original of foreign passport;
- original of identification code (taxpayer number);
- curriculum vitae;
- original of bank reference;
- original of utility bill (for gas, electricity) from the place of residence no older than 3 months (to prove the place of residence);
- documents confirming the source of income (welfare) of the beneficiary. It can be:
a certificate from the place of work indicating salary and statement of personal account, where payroll is displayed;
tax returns;
documents confirming inheritance;
documents confirming money donation, as well as their availability on accounts;
documents confirming the presence/sale of real estate/movable property;
if the beneficiary is the founder of the company - documents for the company, extracts from company accounts, tax returns, documents confirming the payment of dividends;
if the beneficiary is a private entrepreneur - extract from the register, tax returns on the entrepreneur, bank statements;
Certificate of deposit from the bank, as well as documents confirming the source of income;
other documents that show sources of income.
Documents for nominal director, shareholder and secretary (in case of using nominal service by company):
- set of documents affixed with apostille, which includes copies of: passport, utility bill no older than 3 months and bank reference (if nominal director, shareholder and secretary are natural persons);
- set of statutory documents affixed with apostille, which includes Certificate of Incorporation, Memorandum, Article of Association, Minutes of the director designation (if director is legal entity). Also may require Certificate of Good Standing affixed with apostille, Certificate of Incumbency affixed with apostille and documents on this director, which includes set of documents affixed with apostille: copy of passport, utility bill no older than 3 months and bank reference.
You need to visit our office to fill out a questionnaire, as well as certification of documents for the company, attorney and beneficiary. Next, copies of all documents are sent to the payment system for review and opening an account.
For further consultation concerning the terms of account opening in Bilderlings (England) please contact our office. We will respond to any questions you may have and will help you open an account in English payment system Bilderlings or any other bank out of 60 foreign banks you may choose from.
