 Offshore Banking
# 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 Caribbean (Dominica)
One of the oldest offshore banks in Dominica (Caribbean) will offer you on-line full scale operation access mode to your account, Cirrus debit card facilities, 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.
You have to present the following paperwork:
- Filled in bank application form.
- Certified copy of the company incorporation documents.
- The signed Board Resolution which appoints the signatories to the account.
- A notarized copy of the passports of the signatories, all shareholders and all directors. They will also require the contact information of the notary public on the notarization.
- A bank reference of each signatory. Required also is the contact information of the banking institution, and the name and position of the bank officer who signs the reference.
- Verification of the permanent address of the signatories to the account. E.g. a recent utility bill or a credit card statement.
You are required to send the application and accompanying documents directly to the bank. Your bank account will be opened within 2 working days and the bank will inform you about it that same day. You can also obtain a Debit card (including anonymous) from your offshore bank after opening an account.
Our fees - US$ 400.00 or CAD 650.00
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$1,000. Your account will be additionally debited by the bank with – 150 USD at the time of the first transaction for the remote access tools which will be courier delivered to you for easy and secure internet access.
You have to present the following paperwork:
- Duly certified chartered documents of the company (we will provide).
- Minutes of the Board Resolution with the choice of the bankers and appointment of the signatories (we will provide it to you for your signature).
- Filled in application forms (we will provide you with the forms).
- Notarized ID (passport; driving license) for each signatory.
- Copies of a Utility bill of the signatories.
- Bank reference for signatories, shareholders and directors.
We advice clients (but it is not mandatory) to send the application forms to us, so we can monitor the application process and be able to assist in the matter if necessary. If all the paperwork is in order, it usually takes the bank 24 hours to contact the client directly with the account number.
Our fees - US$ 400.00 or CAD 650.00
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$, GBP or Euro.
- Fixed rates for wire transfers.
- No monthly maintenance fees for corporate accounts.
- Express (same day) payment processing of wire transfers with no limitation on the amounts or quantity of the transactions etc.
The minimum initial deposit required to activate this account is – 1,000 USD or – 1,000 Euro or – 500 GBP
Our fees - US$ 400.00 or CAD 650.00
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 bank reference on each signatory to
the account and a detailed description of the business to be
undertaken, with whom and in which countries.
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, Cirrus
Maestro and Visa electron 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$ 400.00 or CAD 650.00
Offshore Bank account in Europe (Austria) for your IBC
Private Bank with many years of success in discretionary and personal services. As Austrian banks do, it maintains a very high standard of confidentiality. This Austrian bank makes available to its clients investment accounts with limited transactions per week. The minimum balance required is between USD 50,000 to USD 100,000. View mode internet account access is available with management by fax. A visa debit card is available for further access to your funds.
Documentation requirements include:
- Incorporation documents which we provide to you
- Bank application form which is to be filled and signed
- A notarized copy of the passport of the beneficial owner
- Notarized bank reference on all the signatories to the account
When this package is sent and received by the bank, your account should be approved within three days.
Our fees - US$ 500.00 or CAD 800.00
Bank Account in Europe (Luxembourg) for your offshore company
We act as a representative of one of Luxembourg’s finest banks. The following documents must be submitted to the bank along with the application forms:
- Completed application forms
- Bank Reference or Recommendation
- Business Description
- Declaration of Source of Funds
The bank offers:
- Multi currency accounts
- Full scale online operation mode
- Distance operation mode
- Distance operation facilities (via fax, email)
- Debit cards
A minimum account balance or invested funds of US $500,000 or its equivalent must be maintained and deposited within six (6) months upon account activation.
Our fees - US$ 500.00 or CAD 800.00
You will be able to choose the bank that suits your needs while incorporating the company with us.
Please check our prices or go directly to the online incorporation forms..
Note.
We do not accept deposits on behalf of our bank affiliates or our clients | 
