At OCI we are proud of the fact that (thanks to our extensive professional experience) we can help you to open an Offshore account at the Bank which we think is most likely to meet your particular needs.
The targeted customers and the account opening requirements of Offshore Banks (and the time each takes to open accounts) differs greatly from Bank to Bank and from country to country. The kind of business your Company/Trust/Foundation is likely to carry on also can impact on what documents are required (and how long it can take) to open an Offshore account. The age and prestige of the Bank is also a factor.
What this all means is that it’s quicker and easier to open accounts at some banks than it is at others! Some Offshore Banks just need a simple form completed + certified copies of the applicant company’s corporate ( & owner’s ID ) documents + a 3 or 4 line summary of the company’s proposed business activities in order to open an account.
Other banks require a very detailed application form to be completed + a detailed business plan (including cash flow projections) + Notarised/Apostilled (sometimes even embassy certified) copies of the corporate docs + proof of the Notary’s signature + a bank reference (or more) to open an account.
All this has an impact on the amount of work we are likely to have to do in order to help you open an Offshore Account at your preferred Bank. Hence our prices for Account Opening assistance differ from Bank to Bank.
OCI Offshore Banking jurisdictions offered and prices are as follows:
|:: Seychelles||From $475|
|:: The Channel Islands (Isle of Man)||$700|
|:: The Caribbean||$475|
|:: London UK||$475|
|:: Hong Kong||$1,000|
Please note the above prices are exclusive of out of pocket expenses and may be subject to change at short notice (eg when a particular bank advises that it has changed its account opening requirements). Services offered and minimum balance requirements also differ from Bank to Bank.
If you are not sure which would be the most appropriate bank (and jurisdiction) for your Company’s/Trust’s/Foundation’s bank account, please Contact Us and we will guide you through the process of choosing the right banking partner to suit your needs. (Please also check out the FAQs section of our website for answers to some of the most frequently asked questions about bank accounts).
Bank account opening assistance can be obtained at a discount when you order a Company, Trust or Foundation at the same time. Check out the Package Deals page of our website for more information.
For information on how to go about ordering an Offshore Account Click Here
Every effort has been made to ensure that the details contained herein are correct and up-to-date, but this does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any error or omission.