How to Open an Offshore Bank Account: Step by Step

Opening an offshore bank account was, at one time, a very time consuming and laborious process. Until the advent of the internet and modern communications, one had to physically visit the country with a suitcase full of cash and open the account. Luckily for you, those wishing to open an offshore account can now accomplish this task in a few days to a few weeks, depending on the bank. And, best of all, there is no trip anywhere required.

One important thing to remember is that by using a company like Financial Guardian, you have a concerned partner every step of the way. This begins the moment that you contact us with your interest in opening an offshore account.

The requirements for each bank vary, but in general they all require similar documentation. For example, you are required to present general information such as a name and address, and passport.

Financial Guardian will assist you with:

  • Legalization of all required corporate documents (notarization of one set)
  • Filling the bank forms in completion and handing them off to you for the final signature with special guidelines instructions
  • Reviewing your signed documents before sending them to the bank
  • Making personal introductions with your private banker.

Certain banks require a meeting with an official representative from the bank to complete the transaction. Financial Guardian will set up this meeting and coordinate. However, in general because of their long standing relationships with the various banks there is no personal approval required.

Opening a bank account in an offshore banking center can be one of the best things you can do to ensure that your new business thrives. Let the experienced staff at Financial Guardian guide you in this all important financial endeavor.