Bank account for offshore company, where now?

[pluma]

I want to know if someone has found alternative BANKS - I want to pin point BANKS - that accept offshore companies setup say in Cyprus, Nevis or Panama?

Need some options that will work. If personal visit is required I'm fine with that. I can deposit 10K US$ one off if that is of any help.

Please suggest if possible

 

[Martin Everson]

For Nevis companies you can try The Bank of Nevis.

Bank of Nevis | Improving‌ the Quality of Life
http://www.thebankofnevis.com/pdf/Corporate Account.pdf

 

[MrTony]

Mr. Everson, do you know about the procedure of opening? For the first send Application‌ on the mail from contacts or need introducer?

 

[Samuel Newman]

Introducer is‍ not neccessary as I know
but they charge openning fee in advance (about 400$)

it is very similar to Caye Bank, they use Crown Agents Bank to make SWIFTs

 

[mrau]

The Bank of Nevis website states that they⁠ use Lloys Bank London to process SWIFTs

 

[Martin Everson]

Spoke to‍ one of my clients on this. No introducer needed just notarized documents. However please check⁠ as compliance changes regularly 🙁.

I posted wrong link before. The correct link for application⁤ forms for international offshore clients and can be found here:

Bank of Nevis | BONI⁣ Forms

 

[negon]

Are they better compared to Euro Pacific Bank ?

 

[Martin Everson]

Everything is better than Euro Pacific Bank....even Taesong Bank smi(&%

 

[PavelMSK]

You can try Mongolian banks. Some of them still⁤ open accounts for offshore companies. I would started with TDB and Khan bank.
Also try⁣ Kazakhstan. They are still opening even for Forex and etc companies.

 

[MrTony]

They said to‍ me, that I first I need to set up a company at Mongolia.

 

[PavelMSK]

Well, it depends on bank and it's compliance. Some‍ of Mongolian banks have very strict compliance and rules.

 

[MrTony]

This is the reply of TDB.

 

[JohnLocke]

That's pretty much the same answer I got when‍ I travelled around in South America and asked one bank after another if they were⁠ able to help with credit card processing and banking for a payment processing company, that's⁤ back 10 years or even longer. Don't fall for it, what they mean is you⁣ have to establish something real with office, real staff and even professional advisor.

 

[proples]

What Mongolian banks are opening to offshores?‍

 

[JohnSeed]

Hvae you seen this post? EQIBank - First Licensed⁤ Offshore Fiat/Crypto Bank

 

[marder]

Hi someone talked me about the Bidvest bank Ltd in South Africa, anyone has some‌ information about this bank ? Thank you

 

[MrTony]

As I understand,‌ case-by-case. You need to open a list of banks of Mongolia and to write them,‍ or just use introducers.

 

[MrTony]

Seems that they don't have any license yet.

 

[Mark Rucken]

Mongolian banks .... oh boy, people are indeed getting desperate 😀

 

[PavelMSK]

Well it's not a fantastic choice but they do work with offshores/crypto and they‍ do have non problematic USD wire transfers.
Of course you can choose Offshore banks (I⁠ don't really trust them. If something will happened to your funds - what you're gonna⁤ do? How much you'll spend time and money to hire local lawyer?) or East European⁣ Banks (Cyprus if you're lucky. But Cyprus don't deal with crypto yet and bank fees⁢ is a quiet high). IMHO.