Offshore Company Online

WHAT BANKING FACILITIES ARE AVAILABLE?

Multi-Currency Account


Internet Banking


Credit card and debit card


International Payment


Letter of Credit


HOW TO PROCESS

Step 1: Select banks and give details of all relevant parties (directors, shareholders, beneficial owners)

Step 2: Provide your company documents (certificate of incorporation, memorandum and articles of association, share certificates, resolution of the board of directors etc)

Step 3: Bank account activation. The bank will send you a welcome pack, confirming the success of opening an account and containing your digipass and your online banking login details.

Step 4: Initial funding and receiving debit/credit card. Follow the bank’s instructions in the welcome kit and deposit the initial fund to your new account. Your requested debit/credit card will be posted or couriered to the postal address you provided.

BANK ACCOUNT OPENING FEES

1. Hong Kong

BankInitial DepositAverage Cycle TimeRemarksService Fee
HSBC Hong Kong
www.hsbc.com.hk
HSBC Hong Kong

HKD 10,000

2 – 4 working days

Personal Visit

US$ 799

OCBC Wing Hang Bank Limited
www.ocbcwhhk.com
OCBC Wing Hang Bank Limited

HKD 50,000

4 – 6 working days

Personal Visit

US$ 799

Hang Seng Bank
www.hangseng.com
Hang Seng Bank

HKD 10,000

4 – 8 working days

Personal Visit

US$ 799

Standard Chartered Bank (Hong Kong) Limited
www.sc.com/hk
Standard Chartered Bank (Hong Kong) Limited

HKD 50,000

4 – 6 working days

Personal Visit, HK resident OR HK company

US$ 799

ICICI Bank Hong Kong
www.icicibank.hk
ICICI Bank Hong Kong

HKD 10,000

4 – 6 working days

Personal Visit

US$ 799

2. Singapore

BankInitial DepositAverage Cycle Time*RemarksService Fee
DBS Bank Limited (SG)
www.dbs.com.sg
DBS Bank Limited (SG)

USD/SGD 100,000

2 – 4 days

Personal Visit

US$ 799

Bank Singapore
www.ocbc.com
OCBC Bank Singapore

SGD 30,000

2 – 4 days

Personal Visit

US$ 799

HSBC Singapore Ltd
www.hsbc.com.sg
HSBC Singapore Ltd

SGD 30,000

5 – 7 days

Personal Visit, SG resident OR SG Company

US$ 799

Standard Chartered Bank
www.sc.com/sg
Standard Chartered Bank (Singapore) Limited

SGD 30,000

4 – 6 days

Personal Visit, SG resident OR SG Company

US$ 799

Maybank
http://info.maybank2u.com.sg
Maybank

USD/SGD 1,000

Preliminary Review: 3-4 Working Days

Personal Visit

US$ 799

 United Overseas Bank Limited Co.
www.uobgroup.com
United Overseas Bank Limited Co.

USD/SGD 25,000

Preliminary Review: 3-4 Working Days

Personal Visit

US$ 799

3. Switzerland

BankInitial DepositAverage Cycle Time*RemarksService Fee
CIM BANK
www.cimbanque.com
CIM BANK

USD/CHF 10,000

1 – 2 weeks

Remote Application

US$ 799

Banque Heritage
www.heritage.ch
Banque Heritage

USD 500,000

1 – 2 weeks

Personal Visit

US$ 799

4. Latvia

BankInitial DepositAverage Cycle Time*RemarksService Fee
Rietumu Banka
www.rietumu.lv
Rietumu Banka

5000 EUR

Monthly balance requirement: EUR 100,000

1 – 2 weeks

Boutique Visit**

US$ 799

5. Mauritius

BankInitial DepositAverage Cycle Time*RemarksService Fee
ABC Banking Corporation
www.abcbanking.mu
ABC Banking Corporation

USD 5,000

1 – 2 weeks

Remote Application

US$ 999

Standard Bank
www.standardbank.mu
Standard Bank Mauritius Limited

Monthly balance requirement: USD 50,000

1 – 2 weeks

Remote Application

US$ 999

MauBank Ltd
www.maubank.mu/en
MauBank Ltd

5,000 (GBP, USD, EUR, CHF, AUD or ZAR: 5,000)

1 – 2 weeks

Remote Application

US$ 1,200

Bank One
https://bankone.mu
Bank One

USD 5,000

1 – 2 weeks

Remote Application

US$ 1,200

6. Puerto Rico

BankInitial DepositAverage Cycle Time *RemarksService Fee
Euro Pacific Bank (EPB)
www.europacbank.com
Euro Pacific Bank (EPB)

USD 500

4 – 7 days

Remote Application

US$ 799

7. Belize

BankInitial DepositAverage Cycle Time *RemarksService Fee
Belize Bank International
www.belizebankinternational.com
Belize Bank International

USD 1,000

1 – 2 weeks

Remote Application

US$ 799

Atlantic International Bank Limited
www.atlanticibl.com
Atlantic International Bank Limited

USD 1,000

1 – 2 weeks

Remote Application

US$ 799

Caye International Bank
www.cayebank.bz
Caye International Bank

USD 1,000

1 – 2 weeks

Remote Application

US$ 799

8. UAE – RAK

BankInitial DepositAverage Cycle Time *RemarksService Fee
Emirates NBD Bank
www.emiratesnbd.com
Emirates NBD Bank

AED 50,000

3 – 7 days

Personal Visit
Emirates NBD Bank only support ICC/FTZ/FZ company in UAE/RAK

US$ 799

Emirates Islamic Bank
www.emiratesislamic.ae
Emirates Islamic Bank

AED 10,000

1 – 2 weeks

Personal Visit

US$ 999

9. Vanuatu

BankInitial DepositAverage Cycle Time *RemarksService Fee
Pacific Private Bank
https://pacificprivatebank.com
Pacific Private Bank

USD 1,500

1 – 2 weeks

Remote Application

US$ 799

10. Saint Lucia

BankInitial DepositAverage Cycle Time *RemarksService Fee
Bank of Saint Lucia International
www.boslil.com
Bank of Saint Lucia International

US$ 5,000

5 – 7 days

Remote Application

US$ 799

11. Cyprus

BankInitial DepositAverage Cycle Time *RemarksService Fee
Bank of Cyprus
www.bankofcyprus.com
Bank of Cyprus

USD 1,000

1 – 2 weeks

Remote Application

US$ 799

12. Nevis

BankInitial DepositAverage Cycle Time *RemarksService Fee
Bank of Nevis International
http://boniltd.com
Bank of Nevis International

USD 10,000

1 – 2 weeks

Remote Application

US$ 799