Offshore Banking

Offshore Bank Account

# 1 Abacus — Offshore Company Registration Services Corporation offers a variety of bank accounts which will allow you to organize your business in a private and confidential manner while using International Business Company (IBC) facilities. Holding a bank account internationally in the name of your IBC will give you the possibility to keep your financial records private from agencies and supervisory authorities of your country, will secure your assets from the unnecessary curiosity of “concerned” parties. The banks we affiliate with are stable and in good standing, located in jurisdictions with strong confidentiality legislation in place.

During the years of our operation, we have established good relations with banks in different jurisdictions and are able to assist our clients to open corporate bank accounts and utilize all the advantages of offshore banking in the following jurisdictions:

Banking in the Central America (Belize)

An offshore bank in Belize with a range of no risk and deposit instruments at competitive rates. Bank offers multicurrency accounts (in Euro, USD, Pound, or Can$) which are accessible using secure online services or by phone. The Belize bank boasts of excellent international business services including letters of credit and online wires.

You have to present the following paperwork:

  • Duly certified chartered documents of the company, trust or foundation (we will provide).
  • Completed and signed application forms (we will provide you with the forms).
  • Notarized ID (passport; driving license) for each signatory.
  • Copies of a Utility bill or a bank statement for verification of residential address (for each of the officers of the company)
  • Bank reference for signatories, shareholders and directors and beneficial owners.


The bank account can be activated in two to three working days, once all the paperwork is in order.

Our fees — US $500.00

Banking in the Caribbean (St. Lucia)

This is a well regulated and stable international bank in St. Lucia offering access to the account through secure online banking services and Visa and MC credit card facilities. Account can be set up in one of 15 major world currencies. Additional services include tax free term deposits, and access to superior quality Wealth Management services. The minimum balance for the account activation is US$5,000.

You have to present the following paperwork:

  • Filled in application forms (we will provide you with the forms).
  • Duly certified chartered documents of the company (we will provide).
  • Certified copy of ID (passport preferred) for each signatory, Director, Shareholder and beneficial owner.
  • Copies of a Utility bill verifying residential address for each signatory, Director, Shareholder and beneficial owner.
  • Bank reference for signatories, shareholders and directors and the beneficial owners.

If all the paperwork is in order, it usually takes the bank 48 hours to process the application and activate the account.

Our fees — US $500.00

Banking in the Caribbean (Nevis)

This ECCB regulated Nevis offshore bank is available to our clients with a low deposit of US1,000. There is a US$100 activation fee which will be deducted from account when funds are deposited. The Nevis bank account is accessed using a secure PIN with online banking. A Visa credit card is issued for the account. Merchant accounts and brokerage accounts are also available from the Nevis bank. The Nevis offshore bank only accepts wire deposits and does not issue checks.

You have to present the following paperwork:

  • Completed and signed application forms (we will provide you with the forms).
  • Duly certified chartered documents of the LLC, IBC or other entity
  • Certified copy of ID (passport preferred) for each signatory, Director, Shareholder and beneficial owner.
  • Copies of a utility bill or bank statement that verifies the residential address for each signatory, Director, Shareholder and beneficial owner.
  • Bank reference for signatories, shareholders and directors.
  • Refrence from lawyer of accountant for signatories, shareholders and directors.

If all the paperwork is in order, it usually takes the Nevis bank 48 hours to process the application and activate the account.

Our fees — US$ 500.00

Banking in the Caribbean (St. Vincent)

An offshore bank in St. Vincent which offers online access to your account and Cirrus Debit Card facilities, and distance operation by fax or phone. All your transactions will be protected by the digital signature and secured key. The minimum balance for the account activation is US$1,000. Your account will be additionally debited by the bank with — 290 USD at the time of the first transaction for the remote access tools which will be courier delivered to you for easy and secure internet access.

You have to present the following paperwork:

  • Duly certified chartered documents of the company (we will provide).
  • Minutes of the Board Resolution with the choice of the bankers and appointment of the signatories (we will provide it to you for your signature).
  • Filled in application forms (we will provide you with the forms).
  • Notarized ID (passport; driving license) for each signatory.
  • Copies of a Utility bill of the signatories.
  • Bank reference for signatories, shareholders and directors.

If all the paperwork is in order, it usually takes the bank 24 hours to contact the client directly with the account number.

Our fees — US$ 500.00

Bank Account in Europe (Cyprus) for your offshore company

We act as a representative for a well established bank in Cyprus.

We will offer you a bank account as soon as the bank has received the following documents:

  • Verification of a permanent address (example an electricity bill or other utility bill).
  • The bank account opening forms duly filled and signed (we provide them).
  • A certified copy of the Certificate of Incorporation (we provide them).
  • A certified copy of the Memorandum and Articles of Association (we provide them).
  • Identification; a picture ID such as a (certified) copy of the passport or drivers license for all signatories to the account.
  • A bank reference (a letter confirming that you hold a personal account in any bank) for all signatories.
  • A board resolution which appoints the authorized signatories (we prepare it).

The bank offers:

  • Multi currency accounts.
  • Full scale online operation mode.
  • Distance operation facilities (via fax, phone).
  • Credit/Debit cards in US$, GBP or Euro.
  • Fixed rates for wire transfers.
  • No monthly maintenance fees for corporate accounts.
  • Express (same day) payment processing of wire transfers with no limitation on the amounts or quantity of the transactions etc.

The minimum initial deposit required to activate this account is — 1,000 USD or — 1,000 Euro or — 500 GBP

Our fees — US$ 500.00

Bank Account in Europe (Latvia) for your offshore company

We act as a representative for one of the largest and oldest banks in Latvia. We will offer you a bank account with an account number which has been already reserved and will be activated as soon as the bank has received the Apostille of the incorporation documents and passport for each signatory and filled in application forms.

Other requirements include: a detailed description of the business to be undertaken, with whom and in which countries; account activation fee of 500 euro.

The bank offers:

  • Multi currency accounts.
  • Full scale online operation mode.
  • Distance operation facilities (via fax, phone).
  • Credit/Debit/ATM cards in US$ or Euro. Visa, Master, Amex available
  • Fixed rates for wire transfers.
  • No monthly maintenance fees for corporate accounts.
  • Express (same day) payment processing of wire transfers with no limitation on the amounts or quantity of the transactions etc.

You will be provided with a digital device to calculate your passwords to secure any transactions from the account.

Our fees — US$ 500.00

Bank Account in East Africa (Tanzania) for your offshore company

We act as a representative for a well established bank in Tanzania. We will offer you a bank account as soon as the bank has received the following documents:

  • Verification of a permanent address (example an electricity bill or other utility bill).
  • The bank account opening forms duly filled and signed (we provide them).
  • A certified copy of the Certificate of Incorporation (we provide them).
  • A certified copy of the Memorandum and Articles of Association (we provide them).
  • Identification; a picture ID such as a (certified) copy of the passport or drivers license for all signatories to the account.
  • A bank reference (a letter confirming that you hold a personal account in any bank) for all signatories.
  • A board resolution which appoints the authorized signatories (we prepare it).

The bank offers:

  • Multi currency accounts.
  • Full scale online operation mode.
  • Distance operation facilities (via fax, phone).
  • Credit/Debit cards in US$, GBP or Euro.
  • Fixed rates for wire transfers.
  • No monthly maintenance fees for corporate accounts.
  • Express (same day) payment processing of wire transfers with no limitation on the amounts or quantity of the transactions etc.

The minimum initial deposit required to activate this account is — 1,000 USD or — 1,000 Euro or — 500 GBP

Our fees — US$ 500.00

Bank Account in Europe (Switzerland) for your offshore company

We act as a representative for this prestigious and well established bank in Switzerland. Bank accounts can be established in as little as 5 working days providing the following documents are received by bank:

  • 2 forms of verification of a permanent address (may include an electricity bill or other utility bill, or a credit card bill, bank statement)
  • The bank account opening forms duly filled and signed (we provide them)
  • 1 form of notarized picture identification; such as a passport or drivers license for all signatories to the account

The bank offers:

  • Multi currency investment and business accounts
  • Full scale online operation mode
  • Distance operation facilities (via fax, phone)
  • Credit/Debit cards

An investment balance of €250,000 must be archived and maintained within a reasonable period of time.

Our fees — US$ 500.00

Bank Account in Europe (UK) for UK Ltd. Company and UK LLP

We act as a representative for three (3) reputable UK banks.

UK banking is highly regulated and provides access to a number of advanced banking services and products. The UK banks we offer for UK company bank accounts require the following documents for account opening:

  • Copy of set of incorporation documents ( we provide them)
  • Identification; a picture ID such as a (notarised) copy of passport for all signatories to the account.
  • Second form of identification, in addition to passport (must be certified)
  • The bank account opening forms duly filled and signed (we provide them)
  • Proof of residential address (e.g. utility bill); must be notarised
  • Relevant details on source of funds and wealth of shareholders/partners of UK company/LLP

The bank offers:

  • Internet banking
  • Operation by phone, email and fax

There is no minimum initial deposit required to activate this account.  We however recommend a minimum opening balance of at least 1,000 GBP.

UK company bank accounts take about 2 to 4 weeks to open (if successful) following receipt of all UK account opening documents.

Our fees — US$ 660.00

Brokerage Account in Panama

Trade a wide range of securities using a secure brokerage account at a reputable financial institution in Panama on all major markets (Asian, American, European and Canadian). A perquisite condition for the brokerage account is a corporate account which we will set up for you. Trading platforms can be in any currency but account deposits can only be made in US$ or Euro. Secure software provides real time trading and full access to the account. The initial deposit is US$10,000.

You have to present the following paperwork:

  • Duly certified chartered documents of the company (we will provide).
  • Filled in application forms (we will provide you with the forms).
  • Notarized ID (passport; driving license) for each signatory.
  • Copies of a Utility bill of the signatories.
  • Bank reference for signatories.
  • Professional reference for signatories.
  • CV in brief

The bank can expedite the account activation if all documents are scanned and submitted by email, but originals must be submitted within 2 weeks of the account activation.

Our fees — US$ 400.00

You will be able to choose the bank that suits your needs while incorporating the company with us.

Check our Fees for Offshore Company Formation Packages or GO to Incorporate Now!

Note. We do not accept deposits on behalf of our bank affiliates or our clients