In order to diminish the risk of business partners for carrying out purchase and sales deals you can open a special Business account at the bank. Bank will keep the money paid into the Business account by the buyer and will pay it to the seller only after it will receive documents confirming that the deal is finalized.
To open a Business account, you have to visit any SEB bank branch. Business account can be opened by either a private client or a company that is planning to make a purchase / sale.
Business account is designed for concluding a particular business deal. By opening Business account, a special three party agreement is signed among you, buyer /seller and SEB bank. Buyer will disburse only when the mentioned business documents will be submitted to SEB bank.
Services | Fees |
---|---|
Servicing commission | 0,5%, min 150.00 EUR |
Fee for service in non-standard cases | By agreement |
Re-entering the agreement or changing the terms of agreement | By agreement, min 35.00 EUR |
Verification of documents for non-residents legal entities (taxpayers) established in the EEA1 | 100.00 EUR |
Verification of documents for non-residents legal entities (taxpayers) established outside the EEA, as well as for companies (taxpayers) established in Malta, the UK, Cyprus and Luxembourg1 | 400.00 EUR |
1 The fee applies if the Customer does not have a current account in SEB bank.
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