Lisbon-based online bank Banco BNI Europa is introducing an account opening process that encompasses video-conferencing with digital certification for document exchange.
Offered in partnership with local certification entity DigitalSign, the account opening process requires users first to enter their personal data and upload relevant documentation. The client then moves to the videoconference step where the identity certification will be performed by a remote operator, after which the certified signature of the documents will be executed.
The identity certification process can be perfornmed on desktop or smartphones (IOS and Android) and is available Monday through Saturday from 2 pm to 10 pm.
"The account opening process now available, fulfils all the requirements set by the Bank of Portugal," says Pedro Pinto Coelho, CEO of Banco BNI Europa, "but we do not want to stop here. We aim to challenge the traditional banking ecosystem by collaborating with fintechs to launch new technologically advanced and disruptive systems. The banking system will change profoundly in the coming years and we want to be an active part in this change.”
Launched three years ago, BNI Europa has already established partnerships with 18 European fintech startups through which it makes time deposits and finances credit operations in several jurisdictions.