Best suited bank for a Seychelle company?

[Marios]

Glad to provide some insights.
Yes, exactly. There's a slight separation among the different offshore jurisdictions for︁ a number of reasons. But again that is not absolute, it depends on the policies︂ of each Fin. Inst. and on a case-by-case. Should in-principal they accept offshore, then the︃ application must be prepared very well to maximise chances of opening and operating the account︄ smoothly.

 

[csp dubai]

no bank will open account g for seychelles company mission impossisble;

 

[csp dubai]

ok you you put 10 m investment i can open you account in citibank no‌ probelm , but as investment account not trading

 

[GPT]

It is clear that the collective powers of government don’t want the people to have‌ access to offshore facilities. It’s next to impossible to control who is setting up what‍ type of company given universal human rights.

What they can control is banking. Problem solved⁠ from the perspective of the government.

Solution based thinking then should not bring you to⁤ finding the next bank that today opens a bank account for you and kicks you⁣ tomorrow.

Let the global governments think that you accept their limitations by hiding in plain⁢ sight. Look more in-depth at local solutions. A trust or a foundation in your local︀ jurisdiction solves in 90% of the cases your challenge.

Ah, you say that you don’t︁ want to pay taxes and need offshore? Ok, valid point. And yet you will still︂ pay “tax”. The only difference now is that it are professional fees.

Build up your︃ idea, acquire the turnover / profit in order to setup for reasonable prices and then︄ make the step to go offshore. Pay the applicable tax rate but, do use a︅ good advisor/notary/lawyer to offset as much as possible.

It seems in so many cases the︆ better solution right now especially given that you can spend your time on your idea︇ instead of the supporting structure.

Sometimes there really are good solutions right under your nose︈ if you are just opening yourself up for it.

 

[justlearning123]

Anyone know which setups can work with wise?

 

[erni]

Wise can do from time to time.

 

[fortunespeculator]

Nope i got it opened in 2020 for my seychelles ibc

 

[Mayon Solutions]

There is a good chance to open an account with Paxum Inc Paxum. Pay with‌ ease. They do onboard Seychelles IBC, however, proof of business address is required.

 

[Marios]

Offshore company jurisdictions should be looking for banks in offshore jurisdictions as︂ well. In Europe it is nearly impossible and where possible it is under many conditions︃ and high costs

 

[csp dubai]

seyscelles bank account is mission impossible , forget about it, may try with local bank‌ in the seyscells and let us know

 

[Mayon Solutions]

There is‍ an option with one local bank, but the run is going to be more than⁠ long, approx. 3-4 months.

 

[fortunespeculator]

And which bank‍ would that be??

 

[Mayon Solutions]

Al Salam bank Seychelles‌ branch

 

[csp dubai]

what is the bank name? can you tell us ? there not so many bank‌ as i see on central bank?

 

[uplana]

they don't offer a debit card or do they?

Wonder if anyone has been⁠ able to open an account with them using a foreign owned Seychelles company without substance?⁤

 

[Mayon Solutions]

They do offer a debit card as far as I have had a deal with them.‌

I know some cases when⁠ the bank accounts have been opened for IBC companies. However, it takes a lifetime to⁤ do so. At the same time, everything is changing so fast now, so even the⁣ process of the bank account opening that has been initiated a few months ago might⁢ be suspended in one moment.

 

[cristiansilva33as]

What is the difference between "paxumbank.com" and "paxum.com" ?

 

[Marios]

You can try at BOSLIL Bank, Santa Lucia

 

[aage]

they will work with‌ Seychelles under certain conditions.

do they open for Seychelles corps ?

 

[fortunespeculator]

Can we get it‍ without introducer??