Offshore Banking

Offshore Banking Simplified

OCI Ltd. arranges an introduction to the offshore banks and assists you in opening bank accounts for offshore companies (IBC’s) as an optional service. While filling in the online form for Company formation, you will be given the option to add the bank account opening services in the bank of your choice. We handle documents processing for your bank account. You do not have to personally visit the bank.

We will send you all required corporate documents for the account opening accompanied by the account application form and the detailed instructions how to fill them in. We offer our clients bank accounts for investment and commercial purposes. The banks we work with are well established financial institutions located in different jurisdictions, but they have one thing in common: very strict confidentiality policies.

Read through the options for the bank account opening and we are sure that one or more of them will definitely suit your needs.

Bank Account in St. Vincent (Caribbean)

A multicurrency account can be opened for your IBC in this Caribbean offshore bank. The bank offers internet access to your account, while using coded tables and an electronic signature as a security tool to protect against unsolicited access to your funds. A Cirrus Maestro debit card is available on activation of the account.

The minimum opening balance for the account is US$ 1,000.

Required documents:

1. Certified copy of the incorporation documents of the IBC
2. Notarized photocopies of the passports of each of the signatories to the account
3. Verification of a permanent address (such as utility bill)
4. A bank reference (a letter confirming that you hold a personal account in any bank) for all signatories
5. Filled in application form

The account will usually take 5 working days to be activated after they have received all the documents.

Our introduction services — US $500.00

Bank account in Cyprus (Europe)

We represent a well established and reliable bank in Cyprus where we will be able to open a multicurrency bank account for your IBC offering the client both trade and investment banking services.

You can keep your funds in USD, Euro or GBP with very attractive interest rates. Internet banking is available. Credit and debit cards are available after the account has been opened. Opening balance is US$ 1,000.

Required documents for the offshore account opening:

1. Verification of a permanent address (example an electricity bill or other utility bill)
2. The bank account opening forms duly filled and signed (we provide them)
3. Certified copies of the incorporation documents of the IBC
4. Identification; Certified copy of the passport for all signatories to the account
5. A bank reference (a letter confirming that you hold a personal account in any bank) for all signatories
6. A board resolution which appoints the authorized signatories (we prepare it)

When the bank has received your documents and application form and they are found to be in order, your account will be activated within 5 working days.

Our introduction services — US $500.00

Bank Account in Latvia (Europe)

We can open a multicurrency account for your IBC in this private Latvian bank for commercial or investment purposes. The bank offers secure online access to your account, and does not require bank references. Credit cards Visa, MasterCard and American Express are available. There is no minimum initial deposit required, but a fee of US $500 is charged for account activation. No visit is necessary.

Required documents for the account opening:

1. Certified copy of the incorporation documents of the IBC/LLC
2. Signature and Seal card
3. Notarized photocopies of the passports of each of the signatories to the account
4. Proof of residence
5. Business description
6. Completed application form

Our introduction services — US $500.00

Bank account in Switzerland (Europe)

We represent a well established and reliable private Swiss bank which offers business and brokerage accounts in one of many currencies. Credit and debit cards provide full access to account, and secure online banking is available.

The opening balance for the Switzerland Bank account is EUR/USD/CHF 20,000.  No visit is required, but a short video conference is required as part of the application process.

Required documents for the offshore account opening:

1. Verification of a permanent address (example an electricity bill or other utility bill).
2. The bank account opening forms duly filled and signed (we provide them).
3. Certified copies of the incorporation documents of the IBC
4. Identification; Certified copy of the passport for all signatories to the account.

When the bank has received your documents and application form and they are found to be in order, your account will be activated within 5 working days.

Our introduction services — US $500.00

Bank account in Tanzania (East Africa)

We represent a well established and reliable bank in Tanzania, where clients can open offshore business accounts.  Accounts are accessed by secure online banking facilities.  The bank provides debit and credit cards for the business accounts.

The opening deposit for the Tanzania bank account is US$ 1,000.

Required documents for the offshore account opening:

1. Verification of a permanent address (example an electricity bill or other utility bill).
2. The bank account opening forms duly filled and signed (we provide them).
3. Certified copies of the incorporation documents of the IBC
4. Identification; Certified copy of the passport for all signatories to the account.

When the bank has received your documents and application form and they are found to be in order, your account will be activated within 4 working days.

Our introduction services — US $500.00

When the bank has received your documents and application form and they are found to be in order, your account will be activated within 5 working days.