Our Services / Management & Administration
Banking & Cash Management
We guide international companies through strict banking regulations. Our expert banking and cash management team handles account openings and all financial operations, providing clear support to ensure your success.
Banking
The German banking system is known for its strict regulations and compliance requirements. It has become difficult for foreign companies to open a bank account, particularly for those without an Ultimate Beneficial Owner (UBO). Background checks may take weeks or even months and, unfortunately, often result in a client rejection by the bank.
Arrange your payments with Greenfields
Using Greenfields’ Banking and Cash Management enables you to access a wide range of services under one roof. This includes bank account opening and closing, account maintenance, cash management, and financial reporting. It saves time and, eventually, money, as you will be able to complete all tasks at one place using only the English language.
Cash Management
Banks are nowadays required to have extensive checks on every person accessing a bank account, including a personal identification check. Customers outside Germany are often considered at increased risk. Additionally, banks mostly conduct business only in German and rarely provide staff fluent in other languages. This makes it difficult for non-German speakers to complete the necessary tasks.
Greenfields is able to provide a team of professionals who are highly-trained in managing financial operations and can provide valuable guidance and support. We are familiar with the latest banking tools and trends, which can help you stay ahead of the competition. By using our extensive network of personal contacts, we are looking forward to guide you through the bank account opening procedure and manage all your wire transfers in Germany.
GF Banking and Cash Management
- Opening and closing bank accounts
- Arranging access to bank accounts
- Reviewing and executing wire transfers
- Reports to German Central Bank
- Liaising with Commercial Banks
- Create cash reports
A Full Suite of Corporate Services & Solutions
Greenfields is the one-stop-shop for all of your corporate services needs. We are dedicated to delivering high-quality solutions and excellent customer service so that our clients have a worry-free experience when managing their business wherever you operate.
Let’s Discuss Your Project
Whether you require a full package from our corporate services experts or select individual services, we’re here to help you navigate your unique challenges.