Offshore Bank Accounts


Why do you charge a fee for the bank introduction?

The offshore bank account introduction is a professional service, in the course of which we, as an "approved intermediary" do the following things. After evaluating Your needs and background, we first suggest which could be the most appropriate bank to approach. We introduce You to the bank, provide You with all account application forms and "hold Your hand" during the completion of these forms. During the process, we would usually provide some advice as to the best possible ways of preparing the bank application, including a few suggestions on how to prepare the Due Diligence documentation in the most appropriate way. We would then review the file and forward it to the bank. In most cases, the opening can be completed this way - by mail, without personal presence of the client. (There are exceptions, though!)

So, during the whole bank introduction process we spend quite a lot of our time, and also some money on mail and communications, to assist You with the account application. In fact, the time spent by a qualified member of staff on any particular offshore bank account opening much exceeds the time spent on a new company formation. Therefore, it is quite logical that this service involves a fee.

A bank introduction service is optional, and clients are by no means precluded from approaching any offshore banking connections already known to them.