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Cannot do business without banking?

We know, in most cases, your business cannot be operated if your company has no corporate bank account. Despite what business objectives you have, setting up a proper company bank account is an integral part of any business plan. Different countries have their own local banking laws, and each bank has different account types with corresponding procedures and required documents to follow. The whole process would cost you several months and missed potential business opportunities before you know what works best.

We could help to cut your waiting time to just a few weeks or less, and only cost you a small fraction of what you might have otherwise spent by opening account yourself. Beside supporting our customers to open bank accounts with a bank interview in financial centres like Hong Kong, Singapore,… we have long-term profitable relationships with banks in other countries/ jurisdictions, which are well-known for their offshore banking systems such as Switzerland, Belize, Mauritius… As one of their advantages, the whole bank account process could be done online without a signatory travel.

Offshore banking benefits

  • Operating bank accounts for your offshore company.
  • Access to global markets for trading and investment purposes.
  • Super easy and convenient to make international payments with no currency control.
  • Support multi-currency accounts including USD, EUR, GBP, SGD, HKD, AUD, etc.
  • Protect your assets.
  • High level of data confidentiality.
  • Availability of specialized or customized products/services.
  • Facilitate transactions with 24/7 internet banking, debit/credit card..

Why choose us for banking introduction

Broad banking network

Our long-term relationships with banks in many jurisdictions allow us to offer a solution that best matches your situation and business needs

Local expertise

Our extensive working experience with banks will make you better prepared for due diligence process, and thus improve chances of bank account approval

Flat pricing

No need to worry about hidden charges. Whichever bank you choose from our list, we only charge you a small flat fee

How it works

  • Understand the case

    Our banking consultants will work with you to strive to make clear your business conditions and expectations before giving you advice on available banks with whom you should open your corporate bank account.

  • Collect and Verify document

    Based on the agreement, we will proceed to help you prepare for required documents in the best way that could increase your success rate.

  • Schedule bank meeting

    Depending on each bank’s obligation, we will arrange a bank meeting with your selected bank representative to set up your bank accounts. Before the meeting, we will give you samples of interview question for preparation.

  • Bank Account approval

    We do not guarantee to successfully open your bank account. It totally depends on the bank’s decision to approve your account or not. The process could take a week or more.

Countries for oversea banking

It does not mean that a BVI company must choose a bank account in BVI. Many owners of offshore companies tend to incorporate their companies in one country and open the offshore accounts independently, in a location that is known as a “financial centre”. Examples of widely known financial centres are Hong Kong Singapore, Switzerland, Austria or Luxembourg. We offer bank account introductions in several major jurisdictions, and in many cases, depending on client's business profile and needs, one bank might be preferred over others.

Offshore Bank Feature Comparision

Online BankingPersonal VisitCredit CardDebit CardInitial Deposit
BELIZE
Caye International Bank LtdCaye International Bank LtdUSD 1,000
Heritage BankHeritage BankUSD 3,000
BRITISH VIRGIN ISLAND
First Caribbean International BankFirst Caribbean International BankUSD 25,000
HONG KONG
Bank of East AsiaBank of East AsiaContact us for details
DBSDBSHKD 20,000
Fubon BankFubon BankContact us for details
Hang Seng BankHang Seng BankHKD 10,000
HSBCHSBCHKD 50,000
Standard Charter BankStandard Charter BankContact us for details
MAURITIUS
ABC Banking CorporationABC Banking CorporationUSD 5,000
Bank One LimitedBank One LimitedUSD 10,000
Mauritius Commercial BankMauritius Commercial BankUSD 50,000
Investec BankInvestec BankUSD 50,000
PUERTO RICO
Euro Pacific BankEuro Pacific BankUSD 500
SINGAPORE
Citi BankCiti BankUSD 300,000
DBSDBSUSD 50,000
OCBCOCBCUSD 30,000
UOBUOBUSD 100,000
SWITZERLAND
CIM BanqueCIM BanqueUSD 20,000
UAE
RAK BankRAK BankUSD 10,000

Document requirements

During bank account application process, we will help you to prepare documents in the right way not only to save your time but also to make you in a better position to be approved by the bank.

The below lines will give you a good reference to start with:

  • KYC form
  • Bank statements
  • Bank Reference letter
  • CV of shareholder(s)/director(s)
  • Business plan
  • Trading proofs
  • Information of some major clients, suppliers or partners

FAQs

Get to know more with commonly asked questions about opening bank account

1. What are included in our banking service fee?

Banking support fee will include:

  • Consulting on preparing documents.
  • Making appointment with bank on appropriate time
  • Follow the opening bank account process until receiving result from bank.

* Please note that additional charge would be applied if we are not the registered agent of your company.

** The banking support fee does not include the fee for certification service that most offshore banks might require.

2. How long would it take to open my company bank account?

Depending on individual bank procedures, the timeframe varies and normally takes a week or more since our receipt of all duly prepared documents.

3. Does bank require meeting with us?

Physical presentation of account signatories is mandatory for some banks and is not for others. For example, most banks in Singapore, Hong Kong require meeting to sign documents and verify the customer, and banks in Caribeans practically do not need your presence.

4. Can I open multiple bank accounts for my company?

One company could open as many accounts as they want in different banks. In addition, you can open sub-accounts to receive multiple currencies without incurring exchange fees.

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