Article: How To Open An Offshore Bank Account

How To Open An Offshore Bank Account

Many banks require a physical interview but not all of them do for a bank account formation. It is still largely possible to open your offshore account by mail.



Your bank will always be happy to find the following documents included in your account-formation package:



Bank Account Purpose.



Draw up a letter describing the purpose of your offshore company and the use to which its offshore bank account will be put, including intended annual turnover and information regarding the origin of the funds deposited in the account.



You should provide this information even if your bank has not asked; an upfront explanation might help avoid tiresome scrutiny later on.



Company Existence.



Provide evidence of your off...
 

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How To Open An Offshore Bank Account

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