No clear ownership
Banking issues are handled by different people internally — CEO, CFO, finance team, compliance. Nobody is fully responsible for developing and maintaining the company's banking infrastructure.
Outsourced Banking Function
Head of Banking
on Demand
Get an experienced banking professional to manage your company's banking strategy, financial institution relationships, account openings and payment infrastructure — without the cost of a full-time senior hire.
From €3,000 / month · A comparable full-time hire costs €10,000+ / month
Book a Free Consultation → Initial consultation is free · No commitment requiredWhy companies need a Head of Banking
Banking becomes increasingly complex as a company grows internationally. Opening one account is only the beginning.
Finding the right financial institutions
There are thousands of banks and payment companies globally, but only a fraction may accept your industry, jurisdiction, ownership structure and transaction flows.
Long onboarding processes
Poorly prepared applications result in months of compliance questions, repeated document requests, or rejection. Each failed application makes the next one harder.
Dependence on one bank
Relying on a single banking relationship creates significant operational risk if an account is restricted, closed, or unable to support new currencies or markets.
Weak negotiating position
Companies often accept standard banking, FX and payment pricing because they don't know what commercial terms are available elsewhere in the market.
Senior banking talent is expensive
A Head of Banking with international experience, an established network and knowledge of payments can cost €10,000+ per month. Many companies don't need one full-time.
What your outsourced Head of Banking covers
Bienrock acts as an extension of your management and finance team, taking responsibility for your company's banking infrastructure.
Banking strategy
We review your existing banking setup, business model, jurisdictions, currencies and transaction flows and build a banking strategy around your current and future requirements.
Bank & provider sourcing
We identify suitable banks, EMIs, payment institutions, acquirers, BaaS providers, FX providers, treasury providers, safeguarding institutions and custodians.
Account opening
We identify financial institutions with appetite for your business, structure the case, prepare the application and manage the process from initial discussion to onboarding.
Relationship management
Opening the account is not the end. We help manage ongoing communication with financial institutions, new requirements, additional products and operational banking issues.
Payment infrastructure
We structure access to SEPA, SWIFT, FPS, ACH, Fedwire, local payment rails, virtual IBANs, acquiring and open banking — depending on your business model and markets.
FX & treasury
We identify suitable providers for foreign exchange, liquidity management, safeguarding and treasury requirements — and negotiate competitive terms using our market knowledge.
Banking redundancy
We build multiple banking relationships so your company is not dependent on a single institution — primary accounts, operational accounts, backup accounts, different currencies and payment rails.
Commercial negotiations
We use our knowledge of the market to help negotiate transaction fees, FX spreads, account fees, volume-based pricing, acquiring pricing and treasury terms.
Full-time hire vs Bienrock
Full-time Head of Banking
€10,000+ / month
- One person's experience and network
- Recruitment process required
- Salary, taxes, benefits and bonuses
- Employee dependency
- Network built from scratch
Bienrock — on Demand
From €3,000 / month
- 10+ years of banking experience
- Access to Bienrock's team
- 200+ financial institution relationships
- International coverage
- No recruitment process
- Flexible external resource
What your Head of Banking can work on
Your priorities determine the scope. Typical projects include:
- Opening new bank accounts
- Finding backup banking relationships
- Replacing an existing bank or EMI
- Expanding into new currencies
- Building USD, EUR, GBP payment capabilities
- Finding SEPA or SWIFT providers
- Establishing safeguarding accounts
- Finding acquiring providers
- Improving FX pricing
- Negotiating banking fees
- Managing banking applications
- Supporting international expansion
Built for companies operating internationally
The outsourced Head of Banking service is particularly relevant for:
Fintech & payment companies
EMIs, PIs, MSBs, payment processors, BaaS businesses and payment platforms.
Crypto companies
Exchanges, OTC desks, brokers, liquidity providers, stablecoin businesses and other regulated crypto companies.
Brokers & financial services
Forex, CFD, securities and other financial services businesses requiring complex banking infrastructure.
Commodity traders
Companies requiring international operational banking, FX, treasury and trade finance relationships.
E-commerce
International merchants requiring multi-currency banking, acquiring and payment infrastructure.
International businesses
Companies operating across several countries, currencies or legal entities that need a structured global banking setup.
From first call to ongoing banking management
- 1
Initial consultation
We review your business model, jurisdictions, existing banking relationships, transaction volumes, currencies and current challenges.
- 2
Banking assessment
We map your existing banking infrastructure and identify gaps, risks and opportunities. We define the immediate priorities and longer-term banking requirements.
- 3
Banking roadmap
We create a practical plan covering the financial institutions, payment capabilities and banking relationships your business requires.
- 4
Execution
We start approaching suitable financial institutions, managing onboarding processes, negotiating terms and coordinating banking projects with your internal team.
- 5
Ongoing Head of Banking support
We continue managing and developing your banking relationships as your company grows, enters new markets or launches new products.
Pricing
From €3,000 / month
The exact monthly fee depends on the scope of the engagement, complexity of your banking infrastructure and number of active projects. Your company gets access to senior banking expertise without carrying the cost of a full-time senior employee.
Bank and financial institution fees are charged separately by the respective providers.200+ financial institutions globally
Instead of building a banking network from zero, your company can access ours. We maintain relationships with banks, EMIs, payment companies, acquirers and other providers worldwide.
🇨🇭 Switzerland🇬🇧 United Kingdom🇪🇺 European Union🇦🇪 UAE🇺🇸 United States🇨🇦 Canada🇸🇬 Singapore🇭🇰 Hong Kong🌍 Africa
Frequently asked questions
What is an outsourced Head of Banking?
An outsourced Head of Banking is an external senior banking professional who takes responsibility for developing and managing your company's banking relationships and financial infrastructure without becoming a full-time employee. Bienrock works alongside your CEO, CFO, treasury, finance and compliance teams.
Is this the same as bank account opening?
No. Opening accounts is only one part of the service. The objective is to manage your company's broader banking strategy — including existing relationships, new financial institutions, payment rails, currencies, backup accounts, FX, treasury and future banking requirements.
Can you work with our existing banks?
Yes. We can review your existing relationships, help with communication and commercial negotiations, and identify additional providers where required.
Will you communicate directly with banks on our behalf?
Yes. Depending on the engagement, Bienrock can coordinate discussions with banks and financial institutions together with your management, finance and compliance teams.
Why outsource instead of hiring a Head of Banking internally?
For many businesses, banking requires senior expertise but does not require a senior employee working on it eight hours every day. A full-time Head of Banking with relevant international experience can cost €10,000+ per month before recruitment costs, bonuses, taxes and benefits. Bienrock provides access to senior experience and an existing financial institution network from €3,000 per month.
What is a fractional Head of Banking?
A fractional Head of Banking is the same concept as an outsourced or external Head of Banking — a senior banking professional engaged on a part-time or retainer basis rather than as a full-time hire. The term follows the same model as fractional CFO or fractional CTO. Bienrock's "Head of Banking on Demand" service fills this role.
Do you work with high-risk industries?
Yes. Bienrock has experience working with complex and regulated industries including fintech, crypto, brokers, commodity trading, e-commerce and international payment businesses.
Is Bienrock a bank?
No. Bienrock is a consulting company based in Geneva, Switzerland. We help businesses establish and manage relationships with banks, payment institutions and other financial service providers. We do not hold client funds or provide banking services ourselves.
Build your banking function without building a banking department
If your company needs better banking infrastructure but does not need a €10,000+ per month senior hire, Bienrock can become your external Head of Banking.
Book a Free 30-Min Call →Or contact us directly: info@bienrock.ch