Impossible to get a bank account these days

world.tax

6 pointsworld_tax3 comments

Well, depends on where you look at. In Germany banks compete over customers offering more and more benefits, like 250 Euro for opening a debit account completely free of charge. Also we have a lot of "account hopping" here - not wanted, but tolerated.

Written by:

'B2B Lateral Thinking Solutions is a boutique consultancy operating from Cyprus and servicing private, corporate and institutional clients.'

So I guess this is not for the average person who wants an account in his own country. I know from experience that opening an account as a non-resident (especially as a non-resident company) is indeed harder.

I haven't thought of that. Thank you for reminding me. You're right: Business account especially for non-residents are pretty unwanted from my experience as well.

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