Bank account opening for cryptocurrency companies
Clarity and transparency requirement
There are several options for a bank account opening. The KYC process related to cryptocurrency companies is more demanding, but otherwise accounts are opened if there is enough clarity and transparency. Currently, as a rule, Estonian banks do not open accounts for cryptocurrency companies.
Positive track record
We have already successfully opened some accounts for cryptocurrency companies in other EU banks. If everything is fine, then with high probability an account will be opened. However, we can't guarantee a positive result, as it depends on all details and how the client co-operates during the KYC process.