Business Account for S.a.s. (Limited Partnerships) — Fully Online

How long does it take to open an S.a.s. business account with Finom?

Opening an S.a.s. business account with Finom is very quick: usually, it takes about 24 business hours to complete the KYC/KYB (Know Your Customer / Know Your Business) checks and activate the Italian IBAN.

Even during the verification process, you can access your online account, generate your IBAN, and start using the main services — without visiting a branch.

What are the fees for an S.a.s. company opening a Finom business account?

Opening a Finom S.a.s. business account is free: the Italian IBAN is activated with no initial cost.

Fees apply only to the monthly subscription of the selected plan, among those designed for companies:

• Basic – €21/month (€17 with annual billing): includes free SEPA transfers up to the plan limit.
• Smart – €45/month (€37 with annual billing): includes up to 3% cashback and unlimited users.
• Pro – €149/month (€119 with annual billing): offers extended multi-user access and advanced tools.
• Grow – €339/month (€249 with annual billing): customized for large businesses.

All micro-enterprise plans include a 30-day free trial.

Can a Finom S.a.s. business account be opened fully online?

Yes, opening an S.a.s. business account with Finom is 100% digital.

There’s no need to visit a branch or book appointments: simply upload the required documents, complete the video identification, and sign the contract electronically.

In this way, an account with an Italian IBAN can be activated quickly, with no travel or paperwork required.

Can multiple general partners be linked to the same S.a.s. business account?

Yes, Finom allows multiple general partners to be linked to the same S.a.s. account.

During the onboarding process, you’ll need to provide the data of all legal representatives and Ultimate Beneficial Owners (UBOs). Each person must complete video identification and provide a valid ID.

Once KYC/KYB verification is complete, all general partners will have access to the account, operating according to the assigned roles and permissions.

Does the Finom S.a.s. business account include company cards for general partners and employees?

Yes. With a Finom S.a.s. business account, you can issue both physical and virtual cards.

Cards can be assigned to general partners managing the company and, depending on the plan, to external contractors or employees as well.

Each card can have customized spending limits and is managed directly from the app or private dashboard, with real-time notifications and up to 3% cashback.

How can accounting services be connected to an S.a.s. business account in Finom?

The S.a.s. business account in Finom offers direct integrations with over 30 accounting software tools, including Sage, Odoo, and other popular Italian systems.

Once your account is open, you can connect e-invoicing and accounting services directly from your dashboard.

Invoices are generated in XML format, automatically reconciled with bank transactions, and shared with your accountant. This ensures transparent and simplified financial management without manual data entry.

Are there operational limits on an S.a.s. business account with Finom?

The Finom S.a.s. business account has no fixed limits on basic operations such as incoming or outgoing SEPA transfers.

Limits depend on the chosen plan — for example, in the Solo plan, outgoing SEPA transfers are free up to €2,500, while other plans include larger thresholds.

For international transfers, fixed and variable fees apply depending on the subscription level.

Additionally, the Smart and Pro plans offer advanced multi-user features and customizable spending limits for cards and sub-accounts.

How are the funds of an S.a.s. protected in a Finom account?

Funds deposited in an S.a.s. business account with Finom are safeguarded through a multi-layer protection system:

1. Segregated funds: client money is held in a separate Safeguarding Foundation supervised by De Nederlandsche Bank (DNB), the Central Bank of the Netherlands, and legally separated from Finom’s corporate assets.
2. Top-tier partner banks: funds are stored in dedicated accounts at top-tier European institutions, such as BNP Paribas.
3. Unlimited protection: the standard €100,000 Italian Deposit Guarantee Fund (Fondo di Garanzia dei Depositi) limit does not apply; coverage extends to 100% of all balances.
4. Advanced technical measures: multi-factor authentication, 3D Secure, and AML/KYC controls ensure operational security.

Can F24 tax forms be paid through a Finom S.a.s. business account?

Yes. With Finom’s S.a.s. business account, you can complete and pay F24 Ordinary and F24 Excise forms online, thanks to the integration with Finom’s partner Fabrick.

This allows you to manage taxes, social contributions, VAT, and other levies directly from the platform, on both desktop and mobile.

You can save drafts, approve payments later, and always have a clear overview of all fiscal transactions.