Offshore Banking in Traditional Jurisdictions
We offer traditional type of offshore bank accounts for companies and individuals. At present we can open bank accounts in the following countries: Latvia, Belize, St. Vincent, Nevis and St. Lucia.
We will help you open an account by email and via courier post; you will be not required to visit a bank personally.
Process to Open an Offshore Bank Account
- Upon receipt of your payment for bank introduction fees and corporate documents we will provide you with pre-filled bank forms.
- You will have to send them, duly completed and signed, along with your personal documents, to our contact person at the bank. We will forward all necessary company documents to the bank.
- The bank will then review the documents, this process usually takes 1 to 2 weeks.
- Once your application is approved, you will have to wire the amount required to activate your account and, if required, pay the opening fees.
Traditional Offshore Banking Options
- Latvia
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This is a stable, medium size bank.
- There is no minimum balance for personal or company accounts.
- You will be charged directly by the bank an additional fee of EUR 1,100 for the opening of your account.
- Online banking in English is offered. Bank accounts are available in all main currencies.
- Debit and credit cards are available.
- Once the bank has received the required documents, it takes usually 5-10 working days to open your account.
- Belize
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A medium size, stable bank.
- This bank will charge you directly USD 100 for opening your account.
- A minimum balance of USD 50,000 has to be maintained on personal or corporate bank accounts.
- Bank accounts are offered in all main currencies.
- Online banking is provided in English.
- You have the option to choose between debit and credit cards.
- Upon receipt of all necessary documents by the bank, your account will be open in 10 working days.
- St. Lucia
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This is arguably the largest Bank in the Eastern Caribbean.
- You will be charged directly by the bank an extra opening fee of USD 250.
- For personal or company accounts the minimum balance is USD 5,000.
- Bank accounts can be open in all main currencies.
- Online banking in English is available.
- Debit and credit cards can be easily obtained.
- Once the bank has received all required documentation, it takes normally 5-10 working days to open an account.
- St. Vincent
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You will open an account in a class A International Bank.
- For a personal or a company bank account, you will have to maintain a minimum balance of USD 500.
- The bank will charge an additional USD 360, which corresponds to the first year maintenance fees.
- Bank accounts are offered in all main currencies.
- Online banking in English is available.
- Debit cards are available.
- After receiving the required documents, your account shall be open in 5-10 working days.
- The bank does not need original documents to process your application, scanned copies are sufficient.
- Nevis
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We will introduce you to a medium size stable bank.
- You will be charged directly USD 200 one time extra fees for opening an account.
- For personal or company bank accounts the minimum balance is USD 1,000.
- You can open an account in all main currencies.
- Online banking in English is available.
- The bank provides credit cards.
- Once the bank has received the necessary documentation, it will take 7-10 working days before your account is open.
We only help customers that are using our incorporation and maintenance services to open company accounts. If you wish to use such service, you will have to incorporate a new company through us, or re-domicile your existing one to Dominica, Nevis or Belize and appoint us as your registered agent.