HomeExpede Banking Solutions
An introduction to local and international banks, with the document pack built the way they ask for it. Expede is not a bank, and the approval is never ours to give.
The pack below is what a bank asks to see. Getting it right removes the reasons an application stalls and leaves the decision where it belongs, with the bank.
Not every bank takes on every company. You are pointed at the ones that work with your ownership structure and your activity, whether that means a Singapore bank branch or a digital account built for cross-border payments.
The resolution naming your signatories, the ACRA business profile and the constitution are the first three documents requested. Yours are drafted in the format the bank expects, so nothing comes back for rewording a week later.
Where a company sits above your company, the bank follows the chain up to the individuals at the top. Registration documents, registers and identity papers for those people are gathered before submission, because that is the step nobody enjoys repeating.
Who pays you, which countries money moves between, and how payments arrive. A woolly answer here is the most common reason a file sits in review, so it is written out properly rather than squeezed into a form field.
Some banks want a call or a meeting with a director before opening anything. You get the questions they usually ask and the documents to have in front of you, so the conversation confirms what is already in the file.
Once the account is live, connecting the bank feed to Xero keeps transactions flowing into the books without retyping. Paying company costs on a personal card in the first month is what creates reconstruction work at year end.
Preparation moves quickly and the bank's review does not. Almost everything you control happens in the first two steps, which is where an application is won or lost.
Where your directors live, who owns the company, what it sells and which currencies you need all go into the decision. That shortlist rules out banks whose own policy would decline you, which saves a fortnight of silence and a rejection email.
About 30 minutesResolution, business profile, constitution, registers, identity documents for officers and beneficial owners, and a written description of the business. Anything missing is chased now, rather than after a bank has asked for the same item twice.
A few working daysYou are introduced to the bank with the pack attached. The bank then runs its own onboarding checks, raises its own questions and sets its own timetable. We stay on the thread and answer what the documents support.
The bank's own timetableSignatories are confirmed once the account opens, and the bank feed is pointed at your accounting file. Any document the bank wants refreshed later, an updated business profile or a register, comes from the same place it came from the first time.
After bank approvalThe introduction and the document pack come with incorporation at no separate charge. It serves us that your company banks properly, because a company with no account ends the year with bookkeeping nobody is able to tidy cheaply.
What nobody here sells is an outcome. A firm promising guaranteed account approval is promising something the bank has not agreed to, and charging for that promise makes it worse rather than better.
Quoted for your company
Agreed in writing before we start
Talk to usNothing is charged by us for the introduction. Banks set their own account fees, minimum balances and transaction charges, and none of those are ours to waive, discount or refund.
No, and nobody honest does. The bank runs its own checks on the company, the owners and the activity, then decides. What we control is the quality of the file, which removes the avoidable reasons for a decline. If one bank says no, we go through the reasons before approaching another.
Two things more than any others. A business description that fails to say clearly who pays you and from where, and an ownership chain that stops at a corporate shareholder with no documents for the people above it. Both are cheap to fix before submission and slow to fix afterwards.
It depends on the bank. Some accept a video call with a director, some require a director to attend in person, and digital banks tend to be the most flexible. We tell you which requirement applies before you apply, so you are not booking flights on a guess.
No. Expede prepares the documents, makes the introduction and answers the bank's questions about the paperwork. The account is opened by the bank in your company's name, and the signatories are your people. We hold no mandate and no access over your account.
It depends on where your customers pay from and what the account has to do. A company billing in Singapore dollars has different needs from one collecting card payments in four currencies. We shortlist rather than push one name at everybody, and the choice stays yours.
Send the ownership structure and a plain description of what the company sells. Those two things decide which banks are worth approaching and how fast an application moves once it is in.
Tell us what you need and we will point you to the right answer, or bring in one of our chartered professionals. Out of hours you get a reply first thing the next working day.