Your Business Account in Finland 🇫🇮

Yes, a foreigner can open an account if they have a branch or subsidiary of their company in Finland, or an independent business. The business owner or one of the board members generally needs to have a permanent residence permit in Finland and a Finnish social security number.

To open a business bank account in Finland, you typically need identification documents, proof of business registration, company documents, proof of address, details of company directors and owners, and potentially additional information depending on the bank's requirements. Contact the chosen bank for specific documentation and procedures.

The time required to open a business account in Finland can vary depending on several factors, including the bank you choose and the completeness of your documentation. On average, it may take a few days to a couple of weeks to complete the necessary paperwork, undergo any required due diligence checks, and have the account fully set up. However, the exact time frame can vary among different banks.

Getting a business bank account in Finland is generally not difficult for locals and residents, however, more complicated for foreign nationals. The specific requirements and procedures may vary among banks. It is advisable to contact the chosen bank directly for accurate information and assistance.