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sheriffTeacher
Asked: March 14, 20222022-03-14T13:59:39+00:00 2022-03-14T13:59:39+00:00In: Banking ∙ Money

How to Open an Offshore business account

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How do I setup an Offshore business account? Are there any organizations that can help with this?

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  1. geekymi Teacher
    2022-03-15T15:23:37+00:00Added an answer on March 15, 2022 at 3:23 pm

    For a legitimate, and thriving business, you may need to hold your funds in an account outside your country. Offshore business accounts come in handy and so I can understand why you need one for your business. To get started, you must ensure that your identity documents and other relevant business documentation are readily available and up to date. Some organizations that can help include;
    HSBC offers a regularized Offshore account under the HSBC expat service. With the account, users have access to various global currencies and can control their funds from outside the country. The accounts are hosted in the Channel Islands and the bank claims that expat’s funds are of utmost confidentiality.
    Bank.pro provides access to banking services from over 300 banks with their service. A huge distinction from other offshore banking services is that the accounts can be opened in over 120 banks, remotely. A simple form is filled, documents uploaded and in a few days, the bank accounts are pre-approved and ready for use. Bank.pro provides access to offshore accounts to businesses with EU and non-EU owners or shareholders.
    Standard Bank also provides this service with their International Bank Account offering. The bank account gives chance to various currencies and digital banking tools across the globe.

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