MILLENNIUM BANK

Opening an account with MILLENNIUM BANK (Poland)

Cost for the private persons from 600

Cost for the legal entities from 1600

Opening Term: 2 weeks

Remotely: no

Open a personal account in Poland from 600 EUR

Open a corporate account in Millennium Bank from 1600 EUR

The Polish Millennium Bank began its history in 1989, when the Bank of Economic Initiatives was established. Since 2003, the bank has been operating under the new name Bank Millennium. Today, Millennium Bank is the third largest bank in Poland and offers excellent conditions for opening an account in Poland for individuals. Particularly noteworthy is the ‘Konto 360°’ account, which provides for free opening of an account in a Polish bank, provided that the account turnover per month is at least PLN 1000 and at least one card payment is made per month. It is possible to open an account with the Polish bank Millennium in 1 business day.

Millennium Bank works not only with Polish citizens and Polish companies, but also with non-residents of Poland. It is possible to open a bank account in Poland for a citizen of Ukraine in 1 day. To open an account in Poland for an individual, you need to provide the bank with a PESEL (Polish identification number) and a Bytu Card (temporary or permanent residence permit).

It is possible to open a bank account in Poland for a foreign company if the company has a tax number and a confirmed connection with Poland (active counterparties in Poland, official employees, office or warehouse premises in Poland, etc.) Opening an account with the Polish bank Millennium is very easy.

Millennium Bank offers for individuals and legal entities:

  • Fast account opening in Poland (personal account in 1 day)
  • Low interest rates 
  • Convenient internet banking
  • Loyal attitude to customers

The procedure for opening an account in the Polish bank Millennium is individual. The decision on the need for a personal visit of the beneficiary (for a legal entity) for identification is made by the bank on an individual basis. The period for opening an account with Millennium Bank from the moment of signing the application forms in a bank branch and submitting a full set of documents is 2-3 weeks. 

Millennium Bank adheres to the principle of ‘know your customer’ and reserves the right to request additional documents in each case, which will lead to an increase in the time required to open an account, and may also refuse to open an account without giving any reason.

MILLENNIUM BANK advantages

1

Open an account in EUR, USD, GBP, CHF

2

Low service fees

3

Fast SWIFT and SEPA transfers

4

Personal account maintenance without commission

General Information

Types of accounts

Personal and corporate accounts.

Personal visit

Personal visit to the bank's branch in Warsaw (Poland) is required.

Service rates

Upon request.

Useful information

www.bankmillennium.pl

Stages of account opening

01

Preparation of documents

To open an account with Polish bank Millennium you need to fill out our questionnaire and provide us with information about your activities and counterparties. Along with the questionnaire, you need to provide corporate documents of the company (for a legal entity) and personal identification documents (for an individual).

02

Analysis of documents

Our specialists analyze the information and documents provided and fill out the Millennium Bank forms.

03

Submission of documents

We send the ready-made package of documents for opening an account with Millennium Bank to a bank manager for review. At this stage, all documents with a certified translation into Polish must be submitted to the bank at once.

04

Passing verification

The director (for a legal entity) or an individual are verified at the bank's branch in Warsaw and signs bank forms. During a personal meeting, the bank is provided with the original corporate documents (for a legal entity) and identification documents (for an individual) with translation into Polish.

05

Compliance Check

At this stage, Millennium Bank checks the client and may request additional information about the activities and source of funds.

06

Account opening

After opening an account with Millennium Bank a bank manager sends the details to the client. To install the bank's mobile application, you need to have a Polish SIM card.

Answers to the Most Common Questions:

To open an account in a foreign bank or payment system, please contact the specialists of Maira Consult, who have many years of experience working with foreign banks and payment systems.
The standard term for opening an account in a foreign bank is 2-4 weeks, if all the necessary documents were provided to the bank and identification was completed. Opening an account in the payment system can be done in 2 weeks.
Please contact Maira Consult for a free consultation, to learn more about the requirements of opening an account in a foreign bank or payment system.

Our Contacts

Client Relations Department

+380 73 427-66-30

Address

Kyiv, 01054, Ukraine,

40B Ivan Franko St., office 207

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International Law Company Maira Consult