Challenger bank Banco BNI Europa announced on Tuesday the launch of its new online account opening process through video conference. The company reported that this new process also introduces an innovative system of documents signature with a qualified digital certificate and is available for Portuguese citizens who want to open an individual current account.
According to Banco BNI Europa, the online account opening product is offered in partnership with DigitalSign, a Portuguese Certifying Entity that specializes in the issuance of qualified digital certificates, registered in the National Security Office as an accredited entity. This new partnership with Digital Sign also allows, in addition to the online account opening, the issue of a digital certificate, with similar strength to a physical signature, which may be used by the client in the context of other contractual relations with the Bank.
“This new account opening process goes through several stages. After entering the personal data and uploading personal documentation, the client will be sent to the video conference step where the identity certification will be performed by a remote operator, after which the certified signature of the documents will be executed.”
While sharing more details about the process, Pedro Pinto Coelho, CEO of Banco BNI Europa, stated:
“The account opening process now available fulfills all the requirements set by the Bank of Portugal. 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.”
Banco BNI Europa added that the identity certification process may be done on desktop or mobile (IOS and Android). It is available Monday through Saturday from 2 pm to 10 pm