Bank account for UK company

[offshore xpert]

I am about to establish a company for a beneficial owner that is living in Latin America. It's easy to establish a company, but can you recommend a BANK (not EMI or PSP's) that would open an account for a non-resident?

Thank you,

 

[Clank]

Why you need a bank and not an EMI?

 

[Marshal]

offshore xpert said:
I am about to establish a company for a beneficial owner that is living in Latin America. It's easy to establish a company, but can you recommend a BANK (not EMI or PSP's) that would open an account for a non-resident?

Thank you,
Click to expand...

It was always easy to register UK Ltd, the main problem is banking. You should really look at some EMIs. Opening an account in a high street bank will be a headache.

 

[offshore xpert]

Jbb1 said:
Why you need a bank and not an EMI?
Click to expand...

When transferring via SWIFT to EMI's it is not clear who is the receiver account beneficiary and therefore the transfer might be rejected. Also several EMI's have gone bust due to mismanagement. less likely to happen with banks.

Marshal said:
It was always easy to register UK Ltd, the main problem is banking. You should really look at some EMIs. Opening an account in a high street bank will be a headache.
Click to expand...

I have several EMI's I work with but as I like challenges I'll be looking for the bank account. Let you guys know if I have any luck.