Learn · Sentences Opening Bank Accounts

When opening a business account, the bank will ask for detailed information about your company’s financial history, which can take time to prepare.

C2

Sentence

Narrator

When opening a business account, the bank will ask for detailed information about your company’s financial history, which can take time to prepare.

Study notes

How to use in different contexts

Giving Advice

When opening a business account, be prepared to provide detailed financial information; it can take time.

Describing a Process

The bank requires extensive documentation of your company's financial history when you open a business account, a process that can be lengthy.

Warning

Opening a business account requires providing detailed financial history, so allow ample time for preparation.

Explaining a Delay

The delay in opening the account is due to the bank's request for extensive financial information.

Rephrased versions

Formal

Upon application for a business account, the bank will request comprehensive documentation pertaining to your company's financial history, a process requiring considerable preparation time.

Casual

Opening a business account? The bank wants to know all about your company's finances, so be ready to give them a lot of info – it takes a while.

Simpler English

To open a business account, the bank needs information about your company's money. This takes time to get ready.

Phrases to learn

detailed information

Comprehensive and specific facts or data.

financial history

A record of a company's past financial performance.