Specialist in British Virgin Islands (BVI) Offshore Company Incorporations
Is it easy to open a Bank Account for an Offshore Company?
No. Its not easy.
The main issue with opening a bank account for an offshore company is the increased requirements and due diligence required by many banks. Sometimes there are so many hoops to jump through, it can become discouraging.
We do not assist with bank account opening. We can refer you to someone that can assist with a bank account opening. Just send us an email with your request even if we did not incorporate your offshore company.
Our feeling is that you should open the bank account yourself. In the event that the account opening is not successful you would not have wasted money on a professional assistant.
Even if you provide all the requirements for an account opening, the bank may still refuse the account opening because they don't like the business activity of your offshore company (gambling, pharmacy, auctions, university, etc.)
If you have any questions about the above, send us an email.