Bank accounts abroad will help to protect your assets from unforeseen changes in your country, potential lawsuits, and any attacks by ill-wishers. Bank accounts abroad are convenient to use and are more profitable when making settlements with foreign partners.
We make a comparative analysis of the conditions for opening an account in various banks (including tariffs, efficiency, reputation, level of confidentiality, etc.).
We handle the preparation of document packages and provide legal and general support during all stages of opening an account.
We select the payment system, handle the preparation of document packages, and provide legal and general support during all stages of opening an account.
Leave your question in the “comment” field of the application form and our specialists will provide you with the necessary advice.
Yes, but not all banks have this option. If this is the case, the account must be opened in person by a director of the company or a company beneficiary.
Opening an account is a rather complicated and lengthy process; it includes the preparation of documents, forms, and questionnaires, and communication with the bank. However, it is important to note that the bank makes the final decision as to whether or not the account can be opened.
The bank must consider the business’ transparency and possible risks as well as the personal data of the management and business owners.
The bank checks not only the company but also the company’s main partners. After processing all the information about the company and its associates, the bank then decides whether or not to open the account. Banks do not have to disclose their reasons for refusing to open an account.
Each bank is a separate institution with its own rules, requirements, and procedures. The timing of opening an account is also different from bank to bank.
For example, subject to the availability of all necessary documents, opening an account with Bank of America can take 30-40 minutes, but for Bank Of Cyprus it can take up to 7 months.
At minimum you will need:
Different banks have different lists of required documents, so the list of documents and requirements for a client will differ depending on the bank and the jurisdiction of your company.
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