Offshore Company Formation & Banking

Opening a bank account for an offshore or low tax company is often much more complicated than opening a retail bank account locally.  

We offer introductions to several reputable banks, and e-wallets for clients establishing their company through us.

We can also help you to establish an online payment processor for your e-commerce and consultancy businesses.  

Traditional Banks 

Commercial banks offer a full range of services often including trade financing, debit cards and often an international network. However, they do prefer to 'know their customer', usually through a personal visit to the bank, which is often not practical. It should also be noted that the business model for banks specialising in 'remote opening' is very different to that of a retail bank. Offshore banks generally do not lend (unlike retail banks) and, therefore, are financed by their fees and charges. Please do not expect offshore banking to be as cheap as a local bank.

E-Wallets 

A newer alternative to a traditional bank is to use an e-wallet account, which is generally faster and cheaper to set up. e-Wallets are also generally much cheaper to operate.

These 'digital banks' offer basic banking services, e.g. transfers in and out of accounts and between accounts. They also often provide additional services at low cost, e.g. credit card processing, debit cards in more than one currency etc.