SANTANDER BANK

Opening an account with SANTANDER BANK (Poland)

Cost for the private persons from 600€

Cost for the legal entities from 1900€

Opening Term: 3 weeks

Remotely: no

Santander Bank Polska is one of the largest banks in Poland founded in 2001. In 2011, 100% of the bank's shares were purchased by the Spanish financial group Grupo Santander. In 2018, the bank was renamed Santander Bank Polska S.A.

The Polish bank Santander Bank opens accounts not only for Polish companies, but also for non-resident companies that have a tax number. To open an account in Poland, the main requirement for a non-resident company is to have a connection with Poland (active counterparties in Poland, official employees, an office or warehouse in Poland, etc.) To open an account with Santander Bank in Poland for an individual, you need to provide the bank with a PESEL (Polish identification number) and a Karta pobytu (temporary or permanent residence permit). 

There are requirements for companies to open an account in Poland with Santander Bank:

  • Minimum account turnover - from 6 million. EUR per year (companies with lower turnover are considered on an individual basis)
  • The company has been operating for more than 1 year
  • Connection of the company's activities with Poland
  • Preferably - a company's website

The procedure for opening an account with the Polish bank Santander is individual for each client. For opening an account in Poland the director of the company must personally visit the bank's branch in Warsaw with the original corporate documents for identification. The decision on the need for a personal visit of the beneficiary for identification is made by the bank on an individual basis. The term for opening an account with Santander Bank from the moment of forms signing in the bank's branch and submitting a full set of documents is 2-3 weeks. 

Santander Bank adheres to the principle of ‘know your customer’ and in each case reserves the right to request additional documents, 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.

If you have any questions about opening an account with Polish Bank Santander, please contact Maira Consult.

SANTANDER BANK advantages

1

Account opening for foreign companies

2

Mobile application for account management

3

Possibility of quick transfers with Western Union

4

Low fees for customers with high account balance

5

Opening a personal account for Ukrainians

General Information

Types of accounts

Personal and corporate accounts.

Personal visit

A personal visit to the bank's branch in Warsaw is required. To open an account in Poland for European company can be remote.

Service rates

Upon request.

Useful information

www.santander.pl

Stages of account opening

01

Preparation of documents

To open an account with Polish bank Santander 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 the company's corporate documents (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 Santander Bank forms.

03

Submission of documents

We send the ready-made package of documents for opening an account with Santander Bank to 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 the bank's forms. During a personal meeting, the bank is provided with the originals of corporate documents (for a legal entity) and identification documents (for an individual). There is a remote procedure of opening an account for non-residents of Poland (legal entities) by signing and certifying documents at Polish embassy.

05

Compliance Check

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

06

Account opening

After opening the account with Santander Bank the 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:

As a rule, Santander Bank Polska requires personal identification at the Warsaw branch: the director (for a legal entity) or an individual comes with the original documents and signs the forms; the terms are usually counted "from the moment of signing". Exceptions are possible: for some non-resident companies, a consular procedure is available (signing and certification at the consulate), and for European companies the bank sometimes allows a remote format - the decision is always individual and may include requests for additional documents within the framework of KYC / Compliance.
In the practice of Santander Bank Polska, non-resident individuals usually need a PESEL and registration in Poland; the bank itself specifies that for foreigners living in Poland, the key criteria are the presence of a permanent residence card and income from Poland (the decision on products and additional documents is made individually). For non-resident companies, it is necessary to prove a "connection with Poland" (counterparties, employees, office/warehouse), have a tax number; the bank often expects active activity of >1 year, turnover (guideline - from ~6 million EUR/year, lower - individually) and a basic corporate package, while documents in a foreign language are submitted with a sworn translation into Polish.
After in-person identification, a personal account is opened within 2 days, a corporate account - after all approvals with the bank, the director comes and signs the bank forms and the account is activated. Preliminary approval takes about 2-3 weeks.; the cost of support is stated from 600 € for individuals and from 1,900 € for legal entities, and bank tariffs for services are specified "upon request".

Our Contacts

Phone

+380 97 527-66-30

Client Relations Department

+380 73 427-66-30

Email

[email protected]

Address

Kyiv, 01054, Ukraine,

40B Ivan Franko St., office 207

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International Law Company Maira Consult