If you select a reputable offshore company incorporation agency they should be able to introduce you to several
reputable banks both onshore and offshore. They could make obtaining an offshore bank account a
straightforward and secure process.
This is
because they should have close affiliations with a good
number of offshore and international banks. They should
work with these banks in order to meet the
primary objective of preventing money laundering
terrorist financing. Another service they could render is introducing you to a reliable and professional insurer. The PII Hub (www.piihub.co.uk) is an excellent source of liability insurance.
You should ask for a guarantee that the offshore
banks they work with all comply with legal
guidelines and procedure involved in setting up
a secure offshore bank account. At this
junction, it is worth mentioning that the
process of setting up an offshore bank account
can tend to be a time consuming process, because
of the checks, risk assessments and documents
the banks will require.
Furthermore, once an offshore bank account is
active, it is crucial to communicate with the
bank on regularly basis. This ensures that the
bank is well briefed with the affairs of the
client company. The relationship between an
offshore bank and the client company can be a
sensitive one. Hence, this sort of regular
communications regarding any changes in business
activities is necessary. The right agency for you can not only find
you the right offshore bank account, but can
also find you an onshore or offshore bank in a
tax haven jurisdiction.
Contact one to find out more on how they can
help you set up an offshore bank account