Case: bank accounts for a Turkish trading company in 8 days

Problem. A trading company from Istanbul was entering the Central Asian market: it needed an entity and multi-currency accounts in Kyrgyzstan, but two banks had already declined at compliance.

What we did. We registered the representative office and prepared a compliance package in English and Russian: ownership structure, source of funds, contracts with Kyrgyz buyers. We selected a bank experienced with Turkish business and accompanied the account opening.

Result. Accounts in KGS, USD and EUR were opened in 8 business days, internet banking set up in English. The company shipped its first batch of goods two weeks after contacting us.

3 currencies · 8 business days · no visit to Kyrgyzstan