Opening a Business Account at Tatra Banka

As part of our partnership with Tatra Banka, we offer our clients the option to have an extract from the Commercial/Trade Register sent to the bank and to receive pre-approval for a business account.

We will send all the necessary documents to Tatra Bank on your behalf, provided you give your consent, saving you the time you would otherwise spend at the post office and at the bank branch. 

What would the process be like at a Tatra Bank branch?

We know from experience that even though opening an account at Tatra Bank takes the least amount of time of all the relevant banks, it can still take up to 50 minutes.

A bank employee must first create a business entity (s.r.o.), which must then go through an approval process. This process can take up to 30 minutes. Next, a person authorized to manage the account must be designated. If you’re a Tatra Banka client, this takes no more than 10 minutes; if you’re new to the bank, it can take as long as 20–25 minutes.

How can we help you speed up the entire process?

1. You will grant us your consent during the process of establishing your s.r.o. or sole proprietorship.
2. After your s.r.o. or sole proprietorship is established, we will send an extract from the Commercial Register or Trade License Register to Tatra Bank on your behalf.
3. The relevant department at the bank will verify your business documentation and register you as a business entity, which will save you time during the account opening process.
4. If you are a sole proprietor or a single-member limited liability company (s.r.o.), Tatra Banka is the only bank in Slovakia where you can open a business account online via a mobile app, without having to visit a branch.
5. If you are a limited liability company (s.r.o.) with multiple owners, visit a bank branch, where they will complete the company registration and link the business account to your profile.

Instant Payments

Starting in February, the three largest banks in Slovakia (Tatra banka, VÚB, and Slovenská sporiteľňa) will begin offering instant payments between themselves. 

Until now, this feature has been available only in select countries around the world. In Slovakia, only a few banks offered this feature, and only between accounts at the same bank.

Starting in February, when you send money from your account at Slovenská sporiteľňa, VÚB, or Tatra banka to another account at any of these banks, the payment will be processed immediately.

This, too, could be another reason to open a business account at Tatra Bank.

Equally important is the time you save—time you would otherwise spend at the post office requesting a current extract from the Commercial Register. We’ll send the electronically signed extract from the Commercial Register to Tatra Bank on your behalf.

Is my information secure?

Bright Ideas has a data processing agreement with Tatra Bank, and we send Tatra Bank data exclusively on the basis of a signed consent to the processing of personal data (primarily an electronic extract from the Commercial Register). Other than Tatra Bank, we do not disclose your data to any other third party. At the same time, Tatra Bank safeguards this data in accordance with banking secrecy laws.