Why open a start-up account with SEB?
What is a start-up account?
A start-up account is a temporary bank account used to deposit the share capital of a legal entity being established. The account can be opened via the Centre of Registers self-service system or with SEB.
Once the company has been registered, the start-up account can be converted into a current account at a bank branch, via video consultation, or in the private customer self-service portal.
When is a start-up account required?
A start-up account may be required when:
- you are establishing a company whose share capital must be formed before registration
- the capital specified in the incorporation documents is transferred to the start-up account
- you need to obtain confirmation from the bank that the required capital has been deposited before registering the company
How to open a start-up account?
Remotely via the Centre of Registers
- Open remotely
- Anywhere, anytime
- In just a few minutes
At an SEB branch
- Personal consultation
- Expert assistance
- During a single visit
Frequently Asked Questions
Yes, you can open a start-up account at an SEB branch and complete the company registration via the Centre of Registers self-service system.
The founder or founders of the company being established can deposit funds into the start-up account.
No. A start-up account is intended solely for accumulating the share capital before the company is registered.
You can use the funds once the company has been registered and the start-up account has been converted into a current account.
If the company is not registered, the founders or their authorised representative must contact the bank and provide the required documents to close the start-up account and have the funds returned.
You can find the applicable terms and conditions on the SEB Terms and Conditions page.
You can find step-by-step instructions for using the Centre of Registers self-service system in the Centre of Registers online guide.
Yes, you can open a start-up account remotely via the Centre of Registers self-service system.
The start-up account remains open until the company is registered or until a decision is made to return the funds held in the account.
Yes, these steps can be completed through different channels. However, we recommend consulting an SEB specialist regarding your specific situation.
If the company is not registered, contact SEB to close the Start-up Account and request the return of the funds.
The information is transferred after the funds have been received and recorded in the bank's systems. The exact timing may depend on the company formation method and the specific circumstances.
Yes. When establishing a UAB or AB, a start-up account is used to deposit the share capital before the company is registered.
The company must be registered within 6 months of opening the start-up account.
