When opening a bank account in Germany or changing authorized signatories, identity verification is required by law. This requirement is based on the German Money Laundering Act (GwG) and applies to both individuals and companies.
AHK Vietnam is authorized to carry out this verification on behalf of German financial institutions.
Identity verification through AHK Vietnam
AHK Vietnam conducts the required identification and legitimacy checks locally in Vietnam.
This allows companies and their representatives to complete the process efficiently without direct interaction with the bank in Germany.
This service acts as an interface between clients in Vietnam and financial institutions in Germany.
Scope of services
The GwG identification service includes:
- Identification of individuals or authorized company representatives
- Verification of identity and legal legitimacy
- Transmission of documents and certified copies to the relevant financial institution in Germany
This ensures compliance with German regulatory requirements.
Process and requirements
Due to bank-specific requirements, prior appointment scheduling is necessary. The exact conditions and required documents depend on the respective financial institution. Clients are advised to coordinate with their bank in advance.
Costs and coordination
The costs for the identification and verification process are usually covered by the German financial institution. However, conditions may vary and should be confirmed directly with the respective bank beforehand.