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Customers of Poland's Biggest Bank Can Now Start a Business Via Its Transaction System

PKO introduced a functionality that allows customers to register a new company in the national register and open a business account at the same time

PKO BP announced a new functionality in its transaction system. It will allow customers to register a new business from the comfort of their own homes. A form available after logging in to their private account will allow the customer to register their business in the Central Register and Information on Economic Activity, activate a trusted profile (a means of electronic identification used for online government services) and open a business bank account.

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To use the new service, the customer needs to fill out an application, providing the business owner's personal data and information about the new business, and then select a business account from PKO’s offer. The application needs to be confirmed with a one-time password and the trusted profile, which will be activated automatically. A registration application to the Polish Social Insurance Institution, Fiscal Office and Central Statistical Office, which assigns a Regon number to the company, is sent out together with the Central Register application.

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PKO's plans for introducing online business registration to its services have been known for several weeks. The bank has already published a press release announcing it and a successful test company registration was performed a few days ago. We know that PKO's competitor, mBank, is working on a similar service.

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