Our company offers services for opening of corporate (foreign companies, offshores) and personal accounts at different foreign banks. The banks provide means for setup of various types of bank accounts that can be divided into payment and savings accounts.
The payment accounts are used for daily operations and convenient for a large number of transactions. The savings accounts are suited to keeping short-term or long-term assets: deposits, investment accounts (private banking).
European banks
| Cyprus Various types of accounts for companies registered in different jurisdictions. A company must meet “economic substance” requirements in its country of incorporation. | from €1000 from €1500 for external clients Free of charge when ordering a Cypriot company |
| - Bank of Cyprus - Hellenic Bank - Other banks at request |
|
| Latvia Various types of accounts for companies registered in different jurisdictions. A company must meet “economic substance” requirements in its country of incorporation. | from €800 |
| - LPB Bank - BIB bank - Other banks at request |
|
| Switzerland A wide range of banking services. Accounts may be opened for companies from various jurisdictions and for “classic” offshore companies in some cases (investment accounts). | from €1500 |
| - C.I.M. Bank - Other banks at request |
|
| Serbia - at request A personal visit of the account holder to the bank is required. Accounts may be opened for companies from various jurisdictions. Transactions in US dollars are available. | from €2000 |
| Hungary - MKB Bank A personal visit of the account holder to the bank is required. Accounts may be opened for companies from various jurisdictions, but an applicant company must have a tax identification number. | from €1900 |
| Montenegro - at request A personal visit of the account holder to the bank is required. Accounts may be opened for companies of various countries except for “classic” offshore jurisdictions. It is advisable to avoid nominee services; offshore nominee service is not acceptable. Transactions in US dollars are available. The insurance payment guaranteed for the deposit is €50,000. | from €2500 |
| Andorra - at request Austria - LGT Bank Liechtenstein - Bendura Bank, Alpinum Bank Luxembourg - at request Banks of high reliability with particular focus on medium and large-sized businesses. Current and saving accounts are available (in some cases for offshore companies as well). The condition for opening an account is the placement of investments from €300,000. | from €2500 |
Offshore banks
| Saint Lucia - Hermes Bank A popular offshore bank with a wide range of banking services. | from $800 from $1000 for external clients |
| Seychelles - Al Salam Bank Accounts can be opened for companies of different countries, including offshore jurisdictions. There are minimum account balance requirements. | from $2000 20% pre-payment |
Banks in other jurisdictions
| USA - at request Accounts can be opened for companies registered in various jurisdictions. | from $2000 |
| Georgia - at request Each case requires separate approval. A wide range of banking services for companies of various jurisdictions. | from €2500 |
| Armenia - at request An account holder and a beneficiary must meet the Bank representative in person. Accounts may be opened for companies of various countries, including offshore jurisdictions. Transactions in US dollars are available. | from €4000 50% pre-payment |
| Kazakhstan - at request | from €4000 |
| Kyrgyzstan - at request | from €2500 |
| Singapore - at request A company must have a director and a shareholder both resident in Singapore. | from €6000 (by agreement) |
Payment systems
| United Kingdom - at request Hong Kong - at request Other jurisdictions - at request Payment services are provided by licensed companies (non-banking financial institutions) that allow their clients to make domestic and international money transfers through their own Internet platforms. | from €1000 |
| Hong Kong Special offer: “A company + an account in a Hong Kong payment system”. | from $4000 |
| Special offers - Open account online Offers from international payment services which provide multi-currency accounts. Personal and corporate accounts may be opened online through a link on our website. | Free |
General
Account opening: foreign banks will conduct due diligence and Know Your Client. In this regard, all banks require identifying actual (beneficial) owner of the company, and description of the business. If client fails to comply with such conditions, the bank will not accept this client.
All banks allow card accounts, management of the account via fax or the Internet, and other standard bank services. For more detailed information on bank accounts, required documents and procedure of opening, please contact our experts.