When banks can refuse you an account

You can be refused opening proper bank accounts if you do not comply with EU rules on money

laundering and terrorist financing.

In some EU countries, you may be refused a basic bank account if you already have a similar

account with another bank in the same country.

If you’re applying for a basic payment account outside the country where you live, banks in some EU

country where you live, banks in some EU

countries may also want you to prove a genuine interest for doing so – for example if you live in one

country but work in another.

Opening Bank Accounts

We assist our clients around the world in opening proper bank accounts at financial institutions

located in EU. Whether it is a matter of an investment service provider, a commercial bank

or the opening of an offshore bank account, we can provide a full range of financial services

to our customers.

  • Assistance with the opening of business bank accounts
  • Help with the opening of private bank accounts
  • Servicing with the opening of Investment bank accounts

Despite what you may hear, offshore banking is completely legal. It’s not about tax evasion

or other illegal activities. It’s simply about legally diversifying your political risk by putting your

liquid savings in sound, well-capitalized institutions where they are treated best.

The setup fee for opening an offshore bank account is between $350 to $1,250 depending on

the bank and the jurisdiction. An offshore company typically runs between $1,585 and $2,495.

So, the total is usually $1,935 to $3,745 for both.

5 Best Countries to Open Offshore Bank Accounts

  • Cayman Islands. The Cayman Islands have a reputation for being a tax haven for all people across the globe. …
  • Switzerland. Switzerland banking entities actually offer ironclad confidentiality services to their clients. …
  • Singapore. …
  • Germany. …
  • Belize.

https://europa.eu/youreurope/citizens/consumers/financial-products-and-services/bank-accounts-eu/index_en.htm

http://ucglobal.org/offshore-banking-information/