The most important factors considered when opening an offshore bank account are safety and simplicity. Many nations have now put in effect mandatory client`s insurance policy which protects rules of non-disclosure and security of accounts.
Opening an offshore account is available to individuals as well as legal persons. The reasons for it may include:
- Collecting funds
- International banking activities
- Investing
- Payroll purposes
- Other operations
Based on the type of business, client`s personal and financial background we offer accounts in either Seychelles or other reliable banks. Offshore Company Register can arrange all necessary paperwork and introduce you to a representative of the selected bank.
Be aware that each offshore bank`s conditions differ so you must choose one based on your particular business demands. There are also significant differences in minimal amount of funds required to own an account. For instance, certain banks would prefer much wealthier clients with high gains and investments while others are better suited for smaller start-up companies. Additionally, a number of banking institutions require official meeting with the IBC owner, usually before account opening or at some point after it has been activated.
Bear in mind that banks reserve the right to reject a client`s application if there are suspicions of illegitimate business or any other reasons that might be considered as grounds for refusal. However, once we`ve gotten to know the origins and nature of your business, Offshore Company Register will suggest the most suitable option for your company.
In spite of the rules being stringent when it comes to creating accounts and requiring thorough background check, all private banking information remains under maximum protection and is not disclosed to third parties or any foreign officials. This applies as long as the client does not break any laws. However, in case of extreme criminal offense or other serious circumstances, Seychelles court may order to divulge full records related to a client in question. In other instances, severe fines and sanctions apply to any person disclosing clients’ records.
The website contains a list of banks for familiarization.
To get the full list of the banks that we assist in opening accounts with please contact us by Quick contact form or by phone +44 207 822 8592.
Belize 
| Name of bank | Deposit | Account opening period | Cost | Possibility of remote account opening |
| Caye Bank international Limited (Available currencies: USD, GBP, EUR and other currencies) | 1.000 USD | 4-6 weeks pre-approval available but full list of documents required for pre-approval | 1.000 USD | yes |
BVI
| Name of bank | Deposit | Account opening period | Cost | Possibility of remote account opening |
| Bank of Asia (BVI) (Available currencies: USD) | 1.450 USD | 3-4 weeks pre-approval available | 1.000 USD | yes |
Cyprus
| Name of bank | Deposit | Account opening period | Cost | Possibility of remote account opening |
| Bank of Cyprus (Available currencies: USD, EUR, GBP, other currencies)* | 1.500 EUR activation amount, 1.000 EUR – minimum balance | 6-8 weeks pre-approval available | 1.000 USD | visiting the branch or certification of forms and documents in Cyprus/Greek embassy is required |
| Astrobank (Available currencies: USD, EUR, GBP, other currencies)* | 1.500 EUR activation deposit | 6-8 weeks pre-approval available | 1.000 USD | visiting the branch or certification of forms and documents in Cyprus/Greek embassy is required |
*For an account opening all companies must also provide detailed information about substance of their business.
Commonwealth of Dominica
| Name of bank | Deposit | Account opening period | Cost | Possibility of remote account opening |
| Paxum Bank (Available currencies: USD, EUR, GBP) | – | 6-8 weeks pre-approval available | 1.000 USD | yes |
Liechtenstein
| Name of bank | Deposit | Account opening period | Cost | Possibility of remote account opening |
| Bank of Liechtenstein (Available currencies: EUR, CHF, other currencies) | 300.000 EUR (can start with smaller amounts but with tendency to grow) | 6 month pre-approval available but full list of documents required for pre-approval | 1.000 USD | yes |
Malaysia
| Name of bank | Deposit | Account opening period | Cost | Possibility of remote account opening |
| Standard Chartered Bank Malaysia Berhad (Available currencies: RM, USD, EUR, GBP) | 200.000 RM | 6-8 weeks pre-approval available | 1.000 USD | no |
Mauritius
| Name of bank | Deposit | Account opening period | Cost | Possibility of remote account opening |
| Silver Bank Limited (Available currencies: EUR, USD, GBP, other currencies) | 250.000 USD | from 5 weeks after all documents in originals received in bank, pre-approval available but full list of documents required for pre-approval | 2.200 USD | yes |
| Afrasia Bank Limited (Available currencies: USD, EUR, GBP, other currencies) | 10.000 USD | from 5 weeks after all documents in originals received in bank, pre-approval available but full list of documents required for pre-approval | 2.200 USD | yes |
St. Lucia
| Name of bank | Deposit | Account opening period | Cost for clients of Offshore Company Register | Possibility of remote account opening |
| PROVEN Bank (former Boslil Bank Limited) (Available currencies: USD, GBP, EUR and other currencies) **only companies without the Nominee service) | 5.000 USD | 4-5 weeks pre-approval available but full list of documents required for pre-approval | 1.000 USD | yes |
| Hermes Bank (Available currencies: EUR, JPY CNY) | 5.000 EUR | 4 weeks pre-approval available | 1.000 USD | yes |
**Not opening accounts for companies with the Nominee service.
Switzerland
| Name of bank | Deposit | Account opening period | Cost | Possibility of remote account opening |
| C.I.M. Banque (Available currencies: USD, EUR, CHF)** | 20.000 USD/EU/CHF – activation deposit, 10.000 USD/EU/CHF – minimum balance | 3 weeks pre-approval available | 1.000 USD | Yes, bank will request identification via Skype-like software |
***Not opening accounts for classic offshore companies or companies with the Nominee service.
UAE
| Name of bank | Deposit | Account opening period | Cost | Possibility of remote account opening |
| Emirates NBD (Available currencies: AED, USD, GBP, etc.) | from 200.000 AED – minimum average monthly account balance | 2-3 months pre-approval available | 1.000 USD | no |
| Mashreqbank (Available currencies: AED, GBP, EURO, USD, other currencies) | from 550.000 AED – minimum average monthly account balance | 2-3 months pre-approval available | 1.000 USD | no |
|
Emirates Islamic Bank (Available currencies: AED, GBP, EURO, USD, other currencies) |
from 100.000 AED – minimum average monthly account balance + investment products | 2-3 months pre-approval available | 1.000 USD | no |
Are You searching for a perfect bank for Your business? Contact us now for a free consultation!
Disclaimer
An offshore bank account opening is not automatic, and is not guaranteed. Banks have different client-acceptance policies, and may reject clients from certain countries or with certain types of businesses. The account introduction fee is payable for a professional service rendered by us, whereby we introduce the client to a particular bank. Please note that the bank account introduction fee, as quoted in our fees schedule, is not a “success fee” payable for a bank account opening. Payment of this fee does not guarantee the opening of the account! A bank introduction means exactly that – we will introduce You to a suitable bank as a potential client. Many offshore banks feel more comfortable accepting new clients through licensed professional intermediaries (like us). However, we can not and we do not guarantee that the account will be opened! While we apply our best effort and our considerable experience to determine in advance whether a particular client might be accepted by a particular bank and to help prepare the application documents and information to look as suitable as possible for the bank, this does not in any way guarantee the success of the account opening. The success of a bank account opening for an offshore company mostly depends on the background information of the beneficial owner of the company, his personal profile and the pattern of his business. This is something that we can not influence. Every bank has its internal client acceptance guidelines (which change often), and banks routinely reject new clients based on a multitude of subjective considerations.
