The 10 cheapest business accounts in Poland with a deposit in March 2024

Just starting a business in Poland? Looking for the most cost-effective and beneficial business account to manage your finances? In this guide, we’ll explore the top 10 cheapest business accounts in Poland as of March 2024, highlighting key features and benefits of each. From refund opportunities for specific transactions to zero maintenance fees and bonus incentives, these accounts offer a range of advantages that can help you save money and efficiently handle your business finances. Let’s examine the details and find the perfect business account for your needs.

Key Takeaways:

  • PKO Bank: Offers refunds for VISA card payments at gas stations and charging electric cars, along with account maintenance fee waivers.
  • Bank Millenium: Provides refunds for ZUS contributions and offers incentives for opening a company account through their promotion.
  • Santander Bank: Offers various services for a business account at no cost indefinitely, including online transfers and debit card usage.
  • mBank: Promotes a business account with no maintenance fees and perks such as free online transfers and a choice of debit cards.
  • Bank Pekao: Provides incentives for using cash deposit machines, Elixir mobile transfers, and offers cashback on transactions with a Mastercard debit card.

Types of Business Accounts

Now, let’s explore the different types of business accounts available in Poland. Understanding these options will help you make an informed decision when choosing the best account for your company.

Bank Account Type
PKO Bank Company Account
Bank Millennium My Business Account
Santander Bank Business Account Worth Recommending
mBank Business Account
Bank Pekao Advantageous Business Account

Descriptions of Account Types

To provide more insight into the account types offered by these banks, the following table breaks down the key features of each account:

  • PKO Bank offers a Company Account with various refund options for VISA card payments.
  • Bank Millennium’s My Business Account provides benefits based on ZUS contributions and account activities.
  • Santander Bank’s Business Account Worth Recommending includes multiple free services for businesses.
  • mBank’s Business Account offers zero fees for certain transactions and services for sole proprietorships.
  • Bank Pekao’s Advantageous Business Account rewards various banking activities with cashback and bonuses.

Choosing the Right Account for Your Business

To select the most suitable account for your business, consider the features and benefits offered by each account type. Evaluate your company’s needs and financial activities to determine which account aligns best with your requirements.

This careful consideration will ensure that you optimize your banking experience and take advantage of the most beneficial features for your business. Recognizing the key differences between these accounts will help you make an informed decision that positively impacts your company’s financial management.

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Tips for Selecting a Cheap Business Account

Any business looking for a cheap business account in Poland should consider a few important factors before making a decision. From account maintenance fees to transaction charges, there are several aspects to keep in mind to ensure you find the most cost-effective option. Here are some tips to help you select an affordable business account:

  • Compare the account maintenance fees of different banks to find the cheapest option for your business.
  • Look for accounts that offer free or discounted transactions, such as online transfers or ATM withdrawals.
  • Consider any additional benefits or perks offered by the bank, such as cashback rewards or discounts on other services.
  • Check the requirements for waiving account maintenance fees, such as maintaining a minimum balance or making a certain number of transactions per month.

What to Look for in an Account

On the hunt for a cheap business account, it’s important to consider the account maintenance fees, transaction charges, and any additional benefits that the bank may offer. By comparing these factors, you can ensure that you find the most cost-effective option for your business.

How to Compare Account Fees and Features

When comparing business accounts in Poland, be sure to look at the account maintenance fees, transaction charges, and any additional benefits that each bank offers. By analyzing these factors side by side, you can make an informed decision that aligns with your business’s financial needs.

Factor to Consider Importance
Account Maintenance Fees Determine the overall cost of maintaining the account
Transaction Charges Evaluate the cost of individual transactions
Additional Benefits Consider any perks or rewards offered by the bank

Look out for any hidden fees or charges that could impact the overall affordability of the account. Compare the features of each account carefully to ensure that you choose the option that best suits your business’s financial requirements. After reviewing the necessary details, you can confidently select a cheap business account that aligns with your needs.

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Step-by-Step Process for Opening a Business Account

All business owners know the importance of a reliable and cost-effective business account. Here is a step-by-step guide to help you open a business account in Poland and take advantage of the best deals available in March 2024.

Step 1

Research and compare the different business account options offered by banks in Poland. Look for accounts that offer low or no maintenance fees, bonuses for certain transactions, and other perks that suit your business needs.

Step 2

Once you have selected a bank and account that meets your requirements, gather all necessary documents such as your company registration documents, identification, and any other paperwork requested by the bank.

Preparing Necessary Documents

Opening a business account in Poland requires several documents to verify your business and identity. You will typically need to provide your company registration documents, identification, proof of address, and potentially additional business-related documents depending on the bank’s requirements.

Make sure to have all your documents organized and ready for submission to streamline the account opening process. Double-check the bank’s specific requirements to ensure you have all necessary paperwork to avoid delays in opening your account.

Navigating the Application Process

Preparing and submitting your documents is just the first step in the process of opening a business account. Each bank may have a slightly different application process, but generally, you will need to complete an application form either online or in-person at a branch.

During the application process, pay close attention to the bank’s requirements and provide accurate information to avoid any complications or delays. Be prepared to answer questions about your business, its operations, and the expected transaction volume to ensure a smooth application process.

Factors to Consider When Depositing in Business Accounts

Despite the allure of no fees or attractive refunds, business owners must carefully consider several factors before deciding where to deposit their funds. Making an informed decision can help maximize benefits and minimize costs in the long run.

Deposit Limits and Conditions

Conditions such as minimum and maximum deposit amounts play a crucial role in selecting a business account. Some banks may offer enticing refunds or benefits, but they often come with specific requirements. It is imperative for businesses to understand these conditions thoroughly to ensure they can meet them without incurring penalties.

Knowing the deposit limits and conditions can help business owners avoid unexpected fees or restrictions on their accounts. By staying within the prescribed limits, businesses can make the most of the benefits offered by the bank.

Impact on Account Fees

Factors like the amount of deposits and transactions can have a significant impact on account fees. While some banks may waive maintenance fees or offer refunds based on deposit amounts, exceeding certain limits could result in additional charges. It is crucial for business owners to be aware of how their deposit behavior can influence their overall account fees.

The impact on account fees due to deposit behavior can make a substantial difference in the cost of maintaining a business account. By monitoring their transactions and deposits, business owners can optimize their financial decisions and make the most of the benefits provided by the bank.

Pros and Cons of the Cheapest Business Accounts

Pros Cons
Low or no monthly fees Limitations on free transactions
Bonus incentives for new accounts Potential charges for exceeding transaction limits
Free or discounted international transfers Lack of personalized customer service
Low-cost or free debit card options No physical branch locations for assistance

Advantages of Low-Cost Accounts

One of the main advantages of opting for a low-cost business account is the potential for significant savings on monthly fees and transaction costs. By choosing a cheaper account option, businesses can allocate more funds towards growth and development. Additionally, bonus incentives offered by some providers can further enhance the financial benefits of these accounts.

Another key advantage of low-cost business accounts is the accessibility they provide to small and medium-sized enterprises. With fewer financial barriers to entry, even newly established businesses can benefit from imperative banking services without incurring high expenses. This democratization of financial services fosters a more inclusive business environment.

Potential Drawbacks to Consider

To balance the benefits of low-cost business accounts, there are some potential drawbacks that businesses should consider. One key consideration is the limitations on free transactions that may come with these accounts. Exceeding these limits can result in additional fees, negating the initial cost savings.

With the absence of personalized customer service and physical branch locations, businesses using low-cost accounts may experience challenges in receiving tailored financial advice or assistance. This limitation could be a potential drawback for companies that value a high level of service and support from their banking provider.

With careful consideration and evaluation of their specific banking needs, businesses can determine whether the benefits of low-cost accounts outweigh the potential drawbacks. It’s imperative to weigh the cost savings against the limitations to make an informed decision that aligns with the company’s financial goals and operational requirements.

Final Words

Considering all points, it is evident that there are several attractive options for business owners looking for cost-effective banking solutions in Poland as of March 2024. From PKO Bank and Bank Millenium to Santander and mBank, each financial institution offers a range of benefits such as zero account maintenance fees, cashback rewards, and bonuses for specific transactions. Companies can take advantage of various promotional offers to save money on transactions, card payments, and account management. By carefully comparing the features and conditions of these 10 cheapest business accounts in Poland, business owners can make informed decisions to optimize their financial operations and enhance profitability.


Q: What are the 10 cheapest business accounts in Poland with a deposit in March 2024?

A: In March 2024, some of the cheapest business accounts in Poland with deposit options include PKO Bank, Bank Millennium, Santander Bank, mBank, Bank Pekao, and BNP Paribas.

Q: What benefits can I expect from the PKO Bank company account in March 2024?

A: PKO Bank offers benefits such as refunds for VISA card payments at gas stations and for charging electric cars, no maintenance fees for the first 6 months, and no fees for using a card with a multi-currency function with a minimum number of card payments in its billing period.

Q: What promotions are available for opening a business account with Bank Millennium in March 2024?

A: Bank Millennium is running promotions where you can receive refunds for paying ZUS contributions from a new account, opening a company through their application or Millenet, and more, providing you meet certain criteria such as making deposits and card transactions.

Q: What are the advantages of Santander Bank’s Business Account Worth Recommending and Mini Firma online banking in March 2024?

A: With Santander Bank, you can enjoy no fees for opening and maintaining a business account, free online transfers in PLN, instant Bluecash transfers, free EUR transfers, and more benefits when you maintain marketing consents.

Q: How can mBank’s business account promotion benefit me in March 2024?

A: mBank is offering a promotion where you can maintain a company account at 0 PLN indefinitely, get free online transfers, receive a free debit card, and avail other benefits like free online transfers in EUR to certain countries and mFinancial Organizer for a limited time.

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