Bank Account Introduction and Application

Once we have incorporated your Irish company, usually the next step is to open a business bank account. We can assist in the opening of a bank account on your behalf once the company has been formed.

Opening a Company Bank Account - Bank of Ireland 

We can provide an introduction and make an application for a business bank account with the Bank of Ireland on your behalf, without the need for you to attend the bank personally. There are certain documents that the bank will require from your company and the Directors before the account can be opened.

You are just required to prepare and sign the relevant application documents and provide suitable identification and then leave the rest to us. We will attend the Bank of Ireland for you.

Please complete in full and sign where required the Current Account Application Form. Together with this the bank will require to site the following documents:

• Original Certificate of Incorporation
• Copy of the Memorandum and Articles of Association
• Copy of form A1

Bank of Ireland Terms and Condtions

Due Diligence

Under European Union legislation banks are now required to know their clients.

You will need to complete the Company Due Diligence Questionnaire - Bank of Ireland
This Due Diligence Questionnaire must be completed for all new business bank account opening requests.

Before they can proceed with the application they are required to obtain sufficient proof of identity for the principals. Upon completing the due diligence document you are required to provide the following for each director, beneficial owner and signatory:

• Notarised copy passport
• Recent utility bill showing residential address
• Recent bank statement showing residential address

In such applications where the directors, beneficial owners and signatories are unknown to the bank the following additional information is required.

• A letter from your current bankers confirming that they know you and for how long
• A letter from a solicitor confirming that they know you and for how long

When the beneficial owner is a limited company or body corporate legal opinion must be formed. To do so the following must be presented.

• Duplicate certificate of incorporation
• Certified copy of the memorandum and articles of association
• Certified document confirming the directors