Opening a new business account can feel like a lot of work. With Holvi’s free account switching service, powered by Qwist, switching is quick, and secure – no paperwork required.
How it works
The account switching service uses secure Open Banking technology to connect to your current bank account. From there, it creates an overview of your payments and helps notify your partners of your new Holvi account details.
Here’s what happens step by step:
- Start the switch – After your Holvi account is active, click “Start switch” in your dashboard.
- Connect your current bank – Log in securely with your old bank details.
- Get an overview – See all your direct debits, standing orders, and incoming payments in one place.
- Choose what to move – Select which partners should be notified of your new account details.
- Close your old account – Transfer any remaining balance and close your old account if you want.
What the service includes
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Direct debits and incoming payments
All recurring payments are detected automatically. You confirm which ones should be updated with your new Holvi account. -
Standing orders
Existing standing orders can be quickly set up in your new Holvi account. -
Partner notifications
The service notifies the partners you select, so you don’t have to contact each one individually. Notifications are sent by letter, fax, or email.
Good to know
- The switch only takes a few minutes, but it’s best to keep your old account open for a short transition period to make sure all payments are updated.
- Nothing moves without your approval.
- The service is included free of charge for Holvi customers in Germany and Austria.
With Holvi’s account switching service, a process that normally takes hours is reduced to just minutes – so it’s easier than ever to make Holvi your main business account.