+1 216 206 8966
info@gbsoffshores.com
+1 216 206 8966
info@gbsoffshores.com

Opening Offshore Bank Accounts Services

GBS Offshores > All Services > Opening Offshore Bank Accounts Services

OFFSHORE BANK ACCOUNT BENEFITS

Our specialist team provides bank-account-opening support in many jurisdictions that are well known among the offshore community. Please see our fee schedule for our selection of recommended reputable banks in favourable jurisdictions, or contact our relationship managers for tailored advice.

Top 10 benefits of an offshore bank account

  • Operating bank accounts for your offshore company
  • International-business friendly
  • Fast, easy and convenient international payments
  • Supports multiple currencies, including: USD, EUR, GBP, HKD, SGD, AUD, CHF etc
  • Supports SWIFT/BIC, IBAN
  • Supports debit/credit cards and chequebooks in your business/personal name

  • Letters of credit (L/C)
  • Favourable transaction fees for inward and outward transactions
  • No money control
  • Reputable banks in many continents
  • Wealth management and asset protection

Application in a nutshell

1. Remote application

  • Cost and time efficiency: a personal visit is not required – travel-free and hassle-free.
  • Apply from home: submit supporting documents depending on the prerequisites of your chosen bank.
  • Quality support: our specialist banking-support team will review, advise on and support you with the paperwork.
  • Your bank account is usually ready in 10 working days, depending on your chosen bank.

2. Personal visit (shareholder and director)

  • Personal visit: an appointment for ‘know your client’ check and application signing by all related parties is required (normally applies for banks in Hong Kong, Singapore and Latvia).
  • Corporate solutions and SMEs in niche markets: our partnered banks in Singapore and Hong Kong offer many services benefiting corporates and SMEs in niche markets (subject to pre-approval checks).
  • Quality support: our specialist banking-support team will review, advise on and support you with the paperwork, then arrange a meeting with the bank at a convenient time for you.
  • Your bank account is usually ready within 10 working days, depending on your chosen bank.

OPENING A BANK ACCOUNT FOR THE COMPANY OVERVIEW

At GBS Offshores, we consider a company to be impractical unless it holds a business bank account. Thus, we have a priority of developing a banking network and expertise to enable us to open accounts for companies we incorporate.

Despite the fact that the final decision on applications rests with the banks, our professional status as an international corporate-service provider advantageously entitles us as eligible introducers of many reputable financial establishments. Thanks to that, our clients enjoy the benefit of an easy and hassle-free application process with prestigious international banks in our extensive network.

OFFSHORE BANK ACCOUNT GUIDELINES

Updated time: Sep 27, 2018 , 17:59 (UTC+08:00)

Our expert team provides you with quality consultancy and support on the account-opening procedure, including the following.

  • Personal and corporate documentation verification
  • Bank application completion and detailed instructions for signatures of relevant parties
  • Full application package dispatched to the chosen bank for approval
  • Collaborating and monitoring the account-opening process until successful account allocation

1.Set up your offshore bank account with our 4-step order here
2.Check the list for business-account opening here

Notes:

  • Our prices listed on this website are for assistance with bank-account opening. They are professional fees only and do not cover any bank charges or commissions for account maintenance or transactions.
  • The final decision of the account application is entirely at the bank’s full authority and sole discretion. Kindly understand that our team cannot influence any further in this regard. Thus, your full co-operation from the start is requested to achieve a satisfactory result.
  • Submitted documents that are not in English must be accompanied by a certified translation.
  • To comply with our partner banks’ policies, we cannot assist businesses with activities in this list here

3.Bank Comparison Chart

Online Banking Credit Card Debit Card Personal Visit Initial Deposit Service Fee
Asia
HSBC Hong Kong Yes Yes Yes Yes HKD 10,000 USD 299
OCBC Wing Hang Bank Limited Yes Yes Yes Yes HKD 50,000 USD 299
Hang Seng Bank Yes Yes Yes Yes HKD 10,000 USD 299
Standard Chartered Bank (Hong Kong) Limited Yes Yes Yes Yes HKD 50,000 USD 299
ICICI Bank Hong Kong Yes Yes Yes Yes HKD 10,000 USD 299
DBS Bank Limited (Singapore) Yes Yes Yes Yes USD/SGD 100,000 (VIP) USD 299
OCBC bank Singapore Yes Yes Yes Yes SGD 30,000 USD 299
HSBC Singapore Limited Yes Yes Yes Yes SGD 30,000 USD 299
Standard Chartered Bank (Singapore) Limited Yes Yes Yes Yes SGD 30,000 USD 299
Maybank Yes Yes Yes Yes USD/SGD 1,000 USD 299
United Overseas Bank Limited Co. Yes Yes Yes Yes USD/SGD 25,000 USD 299
Africa
ABC Banking Coporation Yes No Yes No USD 5,000 USD 699
Standard Bank Mauritius Limited Yes Yes Yes No USD 50,000 USD 999
MauBank Limited Yes Yes Yes No 5,000 (GBP, USD, EUR, CHF, AUD or ZAR: 5,000) USD 1,200
Bank One Yes Yes Yes No USD 5,000 USD 1,200
Mauritius Commercial Bank Yes No Yes No USD 5,000 USD 1,200
Carribean
Atlantic International Bank Yes Yes No No USD 1,000 USD 499
Caye International Bank Yes Yes No No USD 1,000 USD 499
Euro Pacific Bank Yes No Yes No USD 500 USD 499
Bank of Saint Lucia International (BOSLIL) Yes Yes No No USD 5,000 USD 499
Bank of Nevis International Yes Yes No No USD 10,000 USD 499
Europe
CIM Bank Yes Yes No No USD/CHF 10,000 USD 499
Rietumu Bank Yes Yes Yes No USD 100,000 USD 499
Banque Heritage Yes No No Yes USD 500,000 USD 499
Bank of Cyprus Yes Yes No No USD 1,000 USD 499
Middle East
RAK Bank Yes Yes Yes Yes AED 20,000 USD 699
Emerates Islamic Bank Yes Yes Yes Yes AED 10,000 USD 699
Oceania & Pacific Islands
Pacific Private Bank Yes No No No USD 1,500 USD 499

HOW CAN WE HELP

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Offshore Company Formation & Licensing Solutions

GBS OFFSHORES PROVIDES SPECIALIZED SERVICES FOR OFFSHORE COMPANY INCORPORATION & SUPPORT SERVICES
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