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Opening Offshore Bank Accounts Fee Schedule

GBS Offshores > Fee Schedule > Opening Offshore Bank Accounts Fee Schedule

OPENING OFFSHORE BANK ACCOUNTS FEE SCHEDULE

Updated time: Sep 27, 2018 , 17:58 (UTC+08:00)

1. Hong Kong

Bank Initial Deposit Average Cycle Time Remarks Service Fee
HSBC Hong Kong
www.hsbc.com.hk
HSBC Hong Kong

HKD 10,000

2 – 4 working days

Personal Visit

US$ 299

OCBC Wing Hang Bank Limited
www.ocbcwhhk.com
OCBC Wing Hang Bank Limited

HKD 50,000

4 – 6 working days

Personal Visit

US$ 299

Hang Seng Bank
www.hangseng.com
Hang Seng Bank

HKD 10,000

4 – 8 working days

Personal Visit

US$ 299

Standard Chartered Bank (Hong Kong) Limited
www.sc.com/hk
Standard Chartered Bank (Hong Kong) Limited

HKD 50,000

4 – 6 working days

Personal Visit, HK resident OR HK company

US$ 299

ICICI Bank Hong Kong
www.icicibank.hk
ICICI Bank Hong Kong

HKD 10,000

4 – 6 working days

Personal Visit

US$ 299

2. Singapore

Bank Initial Deposit Average Cycle Time* Remarks Service Fee
DBS Bank Limited (SG)
www.dbs.com.sg
DBS Bank Limited (SG)

USD/SGD 100,000

2 – 4 days

Personal Visit

US$ 299

Bank Singapore
www.ocbc.com
OCBC Bank Singapore

SGD 30,000

2 – 4 days

Personal Visit

US$ 299

HSBC Singapore Ltd
www.hsbc.com.sg
HSBC Singapore Ltd

SGD 30,000

5 – 7 days

Personal Visit, SG resident OR SG Company

US$ 299

Standard Chartered Bank
www.sc.com/sg
Standard Chartered Bank (Singapore) Limited

SGD 30,000

4 – 6 days

Personal Visit, SG resident OR SG Company

US$ 299

Maybank
http://info.maybank2u.com.sg
Maybank

USD/SGD 1,000

Preliminary Review: 3-4 Working Days

Personal Visit

US$ 299

 United Overseas Bank Limited Co.
www.uobgroup.com
United Overseas Bank Limited Co.

USD/SGD 25,000

Preliminary Review: 3-4 Working Days

Personal Visit

US$ 299

3. Switzerland

Bank Initial Deposit Average Cycle Time* Remarks Service Fee
CIM BANK
www.cimbanque.com
CIM BANK

USD/CHF 10,000

1 – 2 weeks

Remote Application

US$ 499

Banque Heritage
www.heritage.ch
Banque Heritage

USD 500,000

1 – 2 weeks

Personal Visit

US$ 499

4. Latvia

Bank Initial Deposit Average Cycle Time* Remarks Service Fee
Rietumu Banka
www.rietumu.lv
Rietumu Banka

5000 EUR

Monthly balance requirement: EUR 100,000

1 – 2 weeks

Boutique Visit**

US$ 499

5. Mauritius

Bank Initial Deposit Average Cycle Time* Remarks Service Fee
ABC Banking Corporation
www.abcbanking.mu
ABC Banking Corporation

USD 5,000

1 – 2 weeks

Remote Application

US$ 699

Standard Bank
www.standardbank.mu
Standard Bank Mauritius Limited

Monthly balance requirement: USD 50,000

1 – 2 weeks

Remote Application

US$ 999

MauBank Ltd
www.maubank.mu/en
MauBank Ltd

5,000 (GBP, USD, EUR, CHF, AUD or ZAR: 5,000)

1 – 2 weeks

Remote Application

US$ 1,200

Bank One
https://bankone.mu
Bank One

USD 5,000

1 – 2 weeks

Remote Application

US$ 1,200

Mauritius Commercial Bank
www.www.mcb.mu
Mauritius Commercial Bank

USD 5,000

1 – 2 weeks

Remote Application

US$ 1,200

6. Puerto Rico

Bank Initial Deposit Average Cycle Time * Remarks Service Fee
Euro Pacific Bank (EPB)
www.europacbank.com
Euro Pacific Bank (EPB)

USD 500

4 – 7 days

Remote Application

US$ 499

7. Belize

Bank Initial Deposit Average Cycle Time * Remarks Service Fee
Belize Bank International
www.belizebankinternational.com
Belize Bank International

USD 1,000

1 – 2 weeks

Remote Application

US$ 499

Atlantic International Bank Limited
www.atlanticibl.com
Atlantic International Bank Limited

USD 1,000

1 – 2 weeks

Remote Application

US$ 499

Caye International Bank
www.cayebank.bz
Caye International Bank

USD 1,000

1 – 2 weeks

Remote Application

US$ 499

8. UAE – RAK

Bank Initial Deposit Average Cycle Time * Remarks Service Fee
RAKBANK
www.rakbank.ae
RAKBANK

AED 20,000

1 – 2 weeks

Personal Visit

US$ 699

Emirates NBD Bank
www.emiratesnbd.com
Emirates NBD Bank

AED 50,000

3 – 7 days

Personal Visit
Emirates NBD Bank only support ICC/FTZ/FZ company in UAE/RAK

US$ 499

Emirates Islamic Bank
www.emiratesislamic.ae
Emirates Islamic Bank

AED 10,000

1 – 2 weeks

Personal Visit

US$ 699

9. Vanuatu

Bank Initial Deposit Average Cycle Time * Remarks Service Fee
Pacific Private Bank
https://pacificprivatebank.com
Pacific Private Bank

USD 1,500

1 – 2 weeks

Remote Application

US$ 499

10. Saint Lucia

Bank Initial Deposit Average Cycle Time * Remarks Service Fee
Bank of Saint Lucia International
www.boslil.com
Bank of Saint Lucia International

US$ 5,000

5 – 7 days

Remote Application

US$ 499

11. Cyprus

Bank Initial Deposit Average Cycle Time * Remarks Service Fee
Bank of Cyprus
www.bankofcyprus.com
Bank of Cyprus

USD 1,000

1 – 2 weeks

Remote Application

US$ 499

12. Nevis

Bank Initial Deposit Average Cycle Time * Remarks Service Fee
Bank of Nevis International
http://boniltd.com
Bank of Nevis International

USD 10,000

1 – 2 weeks

Remote Application

US$ 499

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