I'm looking to open an offshore account in Cyprus with Piraeus Bank. Could you give me guidance of how to open my coperate account with out travelling to the destination.
Thank you.
They are pretty easy to work with once the account is setup up, but be prepared for a long account opening processing time, up to 4 - 5 weeks!! So if you need something setup urgently you will need to find an︀ alternative bank.
@Admin I'm also looking into opening corporation + bank account probably in Cyprus, should I contact offshorecorpgroup directly on their site for more guidance? Or I should mention that I heard about them from this forum.
Thanks in advance.
It is pretty hard to find a reliable, stable bank for an offshore account for a business. Many require opening fees and minimum average .. etc. I am looking for one who does not need either for weeks .......... Money laundering and terrorism have made our lives miserable in the banking world!! It will be really helpful if someone can suggest a good one.
All banks now a days will require you to provide proper KYC / DD documents! They will check everything in details! If everything is OK it doesn't need to take ages.
But it will all depend on what business you are into and if you are willing or able to provide the docs. required.