Business isn’t just about making money.
It’s about ideas, perennial work, financial literacy, art and the decision to not only carry the risk for yourself but also for others, and last but not least, about banks and taxes.
You may find that opening a company bank account abroad or for a foreign company anywhere else, isn’t a problem. Well, even such illusions are all over the world. There are so many banks all over the world, some better than others – check out this list of banks by country.
Nowadays, you can’t just come to a bank and say “I would like to set-up an account, here’s the money,” and receive an electronic account.
The situation on the international market is changing from day to day, and these days banks are choosing their prospective clients much more carefully.
Many cases and scandals are giving them the right to do so as it isn’t good advertisement for a bank if it is associated with fraud. Banks are subject to strict regulations.
Therefore, if you open a bank account for your business, expect that the bank will check everything it can about you and your business.
Especially if you’re opening a bank account on behalf of an offshore company, i.e. a company that resides abroad and can be in a tax haven. But even onshore companies that are based in their home country aren’t always safe for banks.
Whether you start with business (and whether it’s an offshore or onshore company) or just your company on the international market, if you want to be more confident that your business will go in the right direction and compete with others, then it’s proof of professionalism to use the bank account opening service to make it easy for you to communicate with the bank and help you in many other ways.
We’ll help you choose the right bank for your business because each company is different and requires specific conditions that will make it easier for you to get to the forefront as well as facilitating communication in the bank and preparing all documentation for the bank.
You’ll be accompanied by a consultant from us to visit the selected banks for a personal interview with a banker. We are very professional and over the years we know how to deal with the bankers quieter questions.
Why should you actually think about setting up a bank account in a different country?
A bank account abroad gives you a number of future benefits. You’ll be relieved of the risks that accompany each business, whether it’s the impact of competition, acceleration of payments, savings on foreign exchange, insolvency proceedings, etc.
You’ll make an important step in the proper distribution of risks in business.
In addition, you’ll increase your availability for foreign clients, save bank charges and time on bank transfers for yourself and your clients.