Offshore a Bank Account Setup
OBI-C has one of the world’s largest banking networks. How do we choose the banks we work with?
With our 15+ years of experience in the field, we are able to select offshore banks that are secure, provide excellent services, as well as numerous banking facilities (e-banking, credit cards, letters of credit, etc.).
SERVICE. This is the first thing that matters to us. Even though we are not the bank, nor can we control its service, we want to make sure that our clients are served as good as they are served with OBI-C. We therefore constantly monitor relationships and ask our clients for feedback. If a client is not satisfied, we intervene directly with the bank or offer alternatives. That said, given our size and volumes, banks usually do their best to please OBI-C’s customers.
In addition, other important characteristics are studied before selecting a offshore bank, such as:
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Political and economic stability of the country where the bank is located.
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Bank service conditions (fees, minimum deposit, etc).
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Excellent reputation of the institution.
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Wide range of financial products offered.
Opening a bank account for your company
We have developed a banking network and expertise which enables us to assist our clients through the account application for all companies we register. Obviously, the final decision to open an account lies with the bank, but our clients’ account opening success rate is excellent.
Our professional status as "International Corporate Service Provider" and our signing of a good conduct charter makes us a welcomed introducer in the eyes of financial establishments in general.
As a result of this, opening an account and managing the dossier are much simpler, we send the banking file directly to our clients. Bank account opening
by correspondence is also possible for many of banks with whom we work.
What banking facilities are available?
As a general rule, the following facilities are available from the financial establishments with whom we work:
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Multi-currency accounts;
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E-banking;
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Trading in currency, shares and other titles;
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Interest bearing accounts;
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Credit card and debit card; and
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Letter of Credit.
We point out that it is difficult for offshore companies to establish credit lines, loans or other cash facilities unless assets are deposited with a bank to serve as collateral.
Popular jurisdictions to form a company
Related Services
How to choose the country where the bank account will be opened?
OBI-C processes bank account applications in the following countries :
A company is free to open an account where it wishes. Therefore, a company registered in Hong Kong or Gibraltar may well have its bank account in Switzerland and vice versa. To determine what would be the most appropriate jurisdiction for your bank account, please contact one of our advisors, who would be happy to assist you. For more information, please also see our frequently asked questions about bank accounts.
What documents are needed to open a bank account?
As a general rule, the bank asks for a certified copy of the shareholder's and director's passport (beneficial owner), as well as recent proof of residence which, must be less than three months old. However, the full scope of documents depends on the bank, and on the particulars of each case. If the client goes to the bank in person to open the account, a certified copy of the passport is not required. In Mauritius, banks also require a letter of reference from a bank and a CV. In Panama, banks do not open accounts by correspondence.
We will send you the additional documents necessary for opening the account by email, as an attachment, for you to sign and return to us preferably by special courier (DHL, FedEx, or Chronopost), along with the other documents mentioned above.
Disclaimer:
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Each bank account request is subject to the bank’s due diligence obligations and obligations under national and international standards (FATF), in particular for prevent money laundering, and nothing on this webpage shall be construed as an offer to waive such requirements and duties.
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Banks are listed as example only. You will need to confirm your choice of a bank after the registration of your company. You have no obligation to select a listed bank, and may propose another bank of your choice. OBI-C is not suggesting bank services. An introduction service includes the preparation of the application form and the submission of the application file. Any application is subject to the acceptance of the client by the bank.
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