How to open a sole trader account with PrivatBank: a step-by-step guide
ThePublic explains how to become a PrivatBank customer as a sole trader.
Open a sole trader account with PrivatBank online
As stated on the website, if you wish to open an account without visiting a branch, then:
- visit the official PrivatBank website: privatbank.ua;
- click on the Business tab – Payments – Accounts – Bank Account – For an entrepreneur (or legal entity) – Open an account;
- complete the login process: enter your phone number and Privat24 password;
- select a tariff plan;
- fill in the application form;
- Generate a key at PrivatBank for an individual to sign the document.
Open an individual entrepreneur account at a PrivatBank branch
You will need to visit the bank with your passport and tax identification number. You will need to fill in a form at the branch, and a response regarding the account opening is usually received within a day. If there is a high volume of requests, the response may take a few days.
What else you need to know
As a reminder, the ‘Privat24 for Business’ app now features the ‘Single Onboarding’ service. This means that the bank’s business clients who work in retail and accept payments for goods or services can submit a single application for a range of services, including a POS terminal, the “Terminal” app, LiqPay, “Pay in Instalments” and “Instant Instalments”.
Previously, ThePublic explained how to open a sole trader account with Monobank.
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