Account opening: 7-14 working days
Is it legal for me to get an offshore account?
Yes, definitely legal. Offshore banking has been routinely and lawfully used for several years by people, companies big and small and companies worldwide. Once the exclusive purview of high net worth individuals, offshore banking has come of age and is available to most anyone. Since numerous countries promote international trade and business, there are usually only limited restraints on residents doing business or having bank accounts in other nations. However, reporting conditions on these accounts differ from country to country.
The US Banking System:
With nearly 100,000 branches and 4,00,000 automated teller machines (ATMs), the US banking system is the biggest in the world. As of September 2018, US banks have US$17.53(March 31, 2018) trillion in assets and US$9(March 31, 2018) trillion in total loans. US banking is more distinct than in most Western nations. Despite continuous consolidation, strong competition exists within the vast banking area, which covers financial holding companies that work nationwide, dominant regional banks and smaller independents. Large foreign banks also continue to expand in the US market.
Having a US bank account is useful if you do business in the US, even when you are not a resident there.
A US bank account makes handling payments easier. It further allows you to bypass expensive foreign exchange fees. Furthermore, certain retail websites require you to have a US bank account.
We have a very good working relationship with a bank in the US, which can provide a business or an investment account for your Company in USD currency. With online banking services available, no personal visit to a branch is needed to open your account.
What we offer:
• Multi-currency accounts;
• Trading in currency, shares and other titles;
• Interest bearing accounts;
• Letter of Credit;
• Wide range of financial products;
• Bank confidentiality to defend the privacy of our customers;
• Political and economic stability;
Accounts are generally initiated in 10 working days, once all asked documents and forms have been submitted by email. The method is simple and pre-approval can be done by email.