All banks will require documents to confirm the clients details and the exact requirements will tend to vary but a passport copy and proof of address is the bare minimum likely to be needed.
Cyprus is generally the number one choice for most corporate accounts but we can advise you if things have not already been decided.
If you require a corporate account it will be in the name of the company. A personal account will be in the individuals name. A joint personal account can be an account operated by a husband and wife or two partners.
Examples could be day to day trading, savings, wages, inheritance, dealing in stocks and shares etc.
This question is important because it enables both ourselves and the bank to determine the best type of account for your needs. The reason for this is that the requirements of a client holding $1500 as an average balance is going to be very different from someone who maintains $150,000 or $500,000+
A few high end private banks still do not provide this facility although almost all the banks we deal with offer comprehensive web based facilities.
PayPal is becoming increasingly important for many clients. This is because it is simple to use, multicurrency and does not require that the person making the payment has a PayPal account. Many countries do not have a facility for PayPal credits to the bank account so we will need to select the bank carefully if this is a vital requirement.
Do you have any oher specific requirements not covered above? You can also note here any concerns or areas you wish us to advise you about specifically.