The Business Account for S.r.l.s. — Simple and 100% Online

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

Filling out the online application takes around 15 minutes. After signing electronically and submitting the form, Finom typically completes KYC/KYB (Know Your Customer / Know Your Business) document verification and activates the account within 24 to 72 hours.

In practice, however, many accounts are approved much more quickly — often within about an hour.

Which is the best business account for an S.r.l.s. with Finom?

The Solo plan (designed for freelancers) is not available for S.r.l.s. Companies must choose between Finom’s Basic, Smart, or Pro plans:

• Basic — ideal for newly incorporated Limited Companies with low transaction volumes, but needing multiple users and cards.
• Smart — offers greater flexibility, more included operations, and advanced management tools.
• Pro — designed for Limited Companies with more complex structures and larger teams.

All plans include online account opening, physical and virtual cards, free SEPA transfers, and integrated e-invoicing.

Who can apply to open an S.r.l.s. business account with Finom?

The application can be submitted by the company’s legal representative (e.g., sole director or CEO) or by someone holding a valid power of attorney issued by a legal representative.

During the account opening process, Finom requires:

• Proof of legal representation or a copy of the power of attorney.
• Data and identification documents of the UBOs listed in the latest Chamber of Commerce extract, covering at least 76% of the ownership structure.

Why is opening an S.r.l.s. account online easier?

Because the entire process is fully digital:

• No branch visits — everything is done via computer or smartphone.
• Upload company and personal documents in just a few minutes.
• Online identity verification with photo and automatic recognition.
• Faster activation than traditional banks (typically within 24–72 hours).

This way, an S.r.l.s. can have its account activated without unnecessary bureaucracy and with significant time savings.

Which accounting software can be integrated with a Finom S.r.l.s. account?

Finom offers more than 30 integrations with leading accounting and invoicing software packages. Some of the most relevant for the Italian market include:

• Sage
• Odoo
• Oracle NetSuite
• TeamSystem
• Other ERP and management systems compatible via CSV export.

Finom also generates and sends electronic invoices in XML format compliant with Italian tax regulations, with automatic reconciliation of banking transactions.

What security guarantees does Finom offer for S.r.l.s. accounts?

Finom protects corporate funds through an EU-regulated safeguarding model:

• Funds are held in segregated accounts within a Safeguarding Foundation supervised by the De Nederlandsche Bank (DNB), the Dutch Central Bank.
• Custody is ensured by top-tier European banking partners such as BNP Paribas, in dedicated accounts.
• Unlimited protection — 100% of the funds are safeguarded, without the typical €100,000 deposit guarantee limit.
• Additional technical measures: strong customer authentication (passkey, 3D Secure), EU-based GDPR-compliant servers, AML/KYC checks, and continuous anti-fraud monitoring.

This ensures that S.r.l.s. funds always remain separate from Finom’s own assets and are protected even in the event of insolvency.

Is the business account for an S.r.l.s. integrated with F24 tax forms?

Yes. With a Finom business account for S.r.l.s., you have an Italian IBAN and can make F24 payments (taxes, contributions, VAT, etc.).

Finom is among the institutions authorized by the Italian Revenue Agency’s telematic system, allowing you to fill out and submit payments directly online — with no intermediaries needed.