Bank account for Scottish LP company?

[FreddyMataleao]

Hello. New here. Looking for advice which way to look/work to open a new bank account with debit card for Scottish LP company with no need to be present at bank, low fees and low deposit? Any help will be appreciated.

 

[Banker89]

How about Euro Pacific Bank?

 

[FreddyMataleao]

Banker89, just read a thread about EPB here on forum. Nothing promising.

 

[Banker89]

You cannot be fussy about accounts with a Scottish LP. It is about the worst structure you could have right now. A plain Belize or Setchelles is easier.

 

[negon]

Euro Pacific bank sucks same does the Scottish LP. Is this something new you setup?

 

[offshorefinance]

Euro Pacific bank is a good bank and has no automatic information treaty currently (Puerto Rico jurisdiction)

 

[MrTony]

Yes, in this matter - they are good, but there is a huge list of restricted activity and jurisdictions (including citizenship of UBO) on their website.

 

[offshorefinance]

The prohibited jurisdictions are:

• EEUU
• Puerto Rico
• Afghanistan
• Albania
• Angola
• Bosnia and Herzegovina
• Belarus
• Burundi
• Central African Republic
• Cuba
• Democratic Republic of the Congo
• Eritrea
• Ethiopia
• Equatorial Guinea
• Guinea
• Guinea Bissau
• Iran
• Iraq
• Kosovo
• Laos
• Lebanon
• Libya
• Macedonia

• Mali
• Moldova
• Montenegro
• Myanmar (Burma)
• North Korea
• Palestinian Territories
• Russian Federation
• Serbia
• Somalia
• South Sudan
• Sri Lanka
• Sudan and Darfur
• Syria
• Trinidad and Tobago
• Tunisia
• Ukraine
• Vanuatu
• Venezuela
• Yemen
• Zimbabwe

 

[diablo]

offshorefinance said:
Euro Pacific bank is a good bank and has no automatic information treaty currently (Puerto Rico jurisdiction)
Click to expand...

hmmm, if you ask me, they suck. But if one has no other options it's perfectly fine.

 

[offshorefinance]

The bank is very good before it was registered in Saint Vincent and the Grenadines but as you know this jurisdiction is considered high risk.... In reference to the business not accepted by the bank are the typical: Bitcoin, illegal activities...etc

 

[MrTony]

diablo said:
hmmm, if you ask me, they suck. But if one has no other options it's perfectly fine.
Click to expand...

Did you use them at SVG or in Puerto Rico?

 

[offshorefinance]

I have used it in the 2 jurisdictions, SVG and Puerto Rico

 

[FreddyMataleao]

auric said:
Euro Pacific bank sucks same does the Scottish LP. Is this something new you setup?
Click to expand...

No. Was working for couple years. Loyal bank...
The positive aspect of UK LP was that it doesn't look bad as a bussiness partner in eyes of government institutions here. UK is Europe, not some kind of far overseas company. So no questions asked.

 

[LucyOffshore]

Euro Pacific is a good bank. Great if you want to escape AOEI. Fees are also ok. Only downside is you are not allowed to be involved in any crypto and you must provide invoices for incoming payments.