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Bank Account Opening

The banks that we work with offer customers the option of opening corporate as well as private bank accounts and also offer a wide range of financial products such as online banking, international debit cards and 24 hour customer service.

With our assistance of finding the banks, you can open a bank account in one of these esteemed banks with no requirement from your side of physically being there. In today’s day of technology and internet, the entire process can be done remotely. We will manage all the preparation for you and guide you throughout the entire process right up to the moment your account is opened.

We can assist with opening business bank accounts in the following countries:

  • Bulgaria
  • Switzerland
  • Mauritius
  • Switzerland
  • Latvia
  • Hong Kong
  • Montenegro
  • Poland
  • Cyprus
  • Singapore

Contact us about business bank accounts opening

Main Features of best corporate bank account:

  • Corporate offshore bank accounts are usually opened in countries other than where the client is located.
  • A foreign bank account offers one the option of not belonging to a particular country.
  • You are given the freedom to access your account from anywhere in the world.
  • Personal as well as corporate bank accounts are available.

 

What you need to know regarding corporate bank accounts Europe:

  • Customer support – find a bank that offers 24/7 customer service.
  • Internet access – make sure transactions can be done online, including wire transfer abroad, forex, buying shares etc.
  • Make sure you get a personal banker who will handle your account.
  • Check whether your bank account may be connected to PayPal or any other billing system that may be of relevance to you.
  • Fees – what are the bank fees? Take note of fees of incoming funds, outgoing funds, monthly/quarterly maintenance.
  • Interest – how much interest do you pay?
  • Take note whether there are limitations regarding the amounts of withdrawals and transfers.
  • Offshore bank accounts for offshore companies – it is very difficult to open corporate bank account to an offshore company in many banks in the EU and outside the EU.

Presented by Fintech Zone

Open a corporate overseas bank account today.

 Let our experts assist you with the setup of a corporate overseas bank account that is tailored to your business banking needs.

GBO is dedicated to providing its clients with fast efficient assistance service in opening corporate offshore bank accounts at various destinations around the world with no requirement of a personal meeting with the bank. All services are provided remotely. We will find the best solution for you depending on your business activity and requirements, no matter whether your company is a start-up or a well-established business. Trust us to find you the best solution for your company.

What are some features you can expect from the best offshore corporate bank accounts?

Why do we have such a high success rate helping clients to open corporate bank accounts?

  • We have close, good standing relationships with banks across several jurisdictions worldwide.
  • We know what the banks’ on-boarding compliance process entail and we abide by it in order to expedite the process
  • We have vast experience. We have helped over 1300 clients worldwide who operate high risk businesses and online companies
  • We keep up to date with bank requirements
  • We prepare a complete file with documents to introduce your business properly: KYC/compliance file supervised by our manager who is a Certified Anti-Money Laundering Specialist. The purpose of which is to enhance the credibility of your company.
Having a corporate bank account that provides you with a wide array of services suited to your specific banking needs is a crucial element in running an online business. Online businesses that serve a global clientele should consider banking with a financial institution capable of supporting the business’ international nature. Often times, opening an offshore business bank account proves to be the most beneficial for online companies.
An offshore bank account is essentially a bank account opened outside of your native country. A corporate/business offshore bank account, as opposed to a personal offshore bank account, specializes in providing service to businesses, in most cases, online businesses.  There are many benefits to opening a corporate offshore bank account, but its greater appeal becomes apparent during tax season, when income and assets need to be reported to government revenue agencies. Several small sovereign states around the world offer account holders the opportunity to remain virtually anonymous and grow their wealth without being exposed to high taxes, which is why many wealthy individuals and corporations choose to open bank accounts offshore.

Contact us about business bank accounts opening

Are you ready to open an offshore bank account? Here are 5 things to keep in mind

  1. When opening an offshore corporate bank account, make sure you select a recognized financial institution that offers the services your business needs.
  2. Don’t choose your banking institution based solely on brand name. A large international bank may provide you with the piece of mind that comes with a trusted financial institution, but it may not provide you with the services you need on the everyday operation of your business.
  3. A lot has changed in recent years regarding the rules governing offshore overseas bank accounts. Each financial institution is regulated by a local financial authority, therefore it is critical to make sure that you choose a jurisdiction that matches your business objectives.
  4. Check the terms and conditions of the business bank account thoroughly, particularly the terms related to opening and maintaining the account. What are the minimum requirements to open an account? Is there a minimum balance required at all times? Are there any account maintenance fees? Is there a cost for internet banking? Are there any transaction charges? Don’t assume that the terms and conditions of your local bank are the same as those of your offshore bank.
  5. A company can hold more than one bank account, either in different banks in the same jurisdiction or in different jurisdictions.

What do you need to open a corporate bank account in Europe?

Although corporate bank account requirements vary from one jurisdiction to the next, most banking institutions will require the following documents:
  • A legalized set of company documents: one apostilled copy, issued in the country of incorporation, of the Certificate of Incorporation, Memorandum and Articles of Association, Certificate of Good Standing (if the company is older than 1 year)
  • The company directors, secretary, account signatories and shareholders or beneficial owners should all provide:
    • Certified/Notarized copy of the passport
    • Confirmation of residential address (original of a utility bill, a bank account or credit card statement that is dated within the last 3 months)
    • Original bank reference letter issued by your local bank

We know how important it is for you to have your finances run by a reliable and efficient bank which handles your account with care and provides an extensive range of services to support your business and meet your everyday banking needs.

With Efficient Banking You will be Able To:

  • Access our wide range of banking services, both local and international.
  • Get the support you need from a dedicated and experienced professional team.
  • Gain access to our UK and international branch network to support your local banking needs.
  • Use convenient Internet banking so you can easily access your account information and carry out electronic transactions.
  • Do business in multiple currencies.
  • Link to a range of single or multi-currency interest off-set arrangements.

 

The difference between a corporate bank account and a personal or investment bank account is that a corporate account is geared specifically towards businesses. For corporate account holders banks provide specialized services for companies and off-shore businesses.
There are numerous advantages to using a corporate account for your business. In many places across the globe companies opening a corporate account are given certain incentive tax benefits. For this reason companies seek out the jurisdictions where the benefits of opening a corporate account are most favorable, even if that jurisdiction happens to be in another country. The companies then manage their income and grow their assets in the more favorable off-shore corporate account.
That said it is essential that you only open an off-shore corporate account in a jurisdiction which is a recognized international financial center where your business needs will be met. Each jurisdiction provides different services to corporate accounts and it is no good blindly opening a corporate account in a country where there are tax benefits if the environment does not provide the banking services you need as well. Each business center around the world is regulated by its own specific policies according to a specific financial authority. Thus it is crucial to make sure the off-shore jurisdiction you choose for your corporal banking can provide you with the financial services you require and support you in reaching your business objectives.

Starting a Corporate Bank Account for a New Business

GBO can help you find the jurisdiction which best meets your business banking requirements and enables you to meet your business goals. We have established business relationships with credible banks worldwide and we can handle the opening of your off-shore corporate bank account efficiently and in a timely manner.
It is critical that you open your corporate bank account in a jurisdiction which is right for your specific business needs. Our professional and experienced staff will guide you through the application process and advise you one the required documents to ensure that your application for a new corporate bank account will be successful.

2018-08-13T11:32:50+00:00