Opening a bank account offshore
Why Should I Open An Offshore Bank Account?
In order to protect property, insurance, trading on financial markets and stock exchanges or in international trade, companies and individuals use banking services in offshore jurisdictions such as Belize or Sejšely.
Offshore banking services include a multi-currency account, electronic banking, VISA or Master Card, and many other services.
If you want to open an account in an offshore account , you will need to present the usual documents required when opening an account abroad, such as a Proof of Identity, such as a passport, and a Proof of Address, such as a certificate of maintenance account in another bank or account statement, apartment rental agreement, utility bill – invoice for electricity or gas, confirmation of payment of the television fee.
When opening an offshore account for a company, proof of identity and proof of address must be provided by the company executive, copies of which must be certified by a notary and apostille. Furthermore, the company must submit its internal legal documents such as the memorandum of association and other documents, copies of which must be notarized and apostille. In addition, the company must submit a business plan and a list of its main business partners.
Other documents that any person or company opening an offshore account must submit is a bank reference letter confirming the existence of a relationship with another bank, and a completed bank account application form.
The process of opening an offshore bank account takes 4-8 weeks.
Opening an account is not eligible and banks open an account only for trusted partners, which they consider mainly from the content of the application and references from existing partners and clients of the bank. In order to prevent an incorrect application, which could make you an untrustworthy partner, Offshoreciitzen provides a full range of offshore account opening services from document certification and apostille to a comprehensive account opening service.