Offshore Banking
EBC Corporation has some well established relationships with Monaco banks and international banks in offshore jurisdictions. We can assist clients with the choice of bank and the most suitable type of account.
Different banks have different account opening requirements and restrictions. EBC makes client introductions and where necessary provides account signatories for corporate bank accounts.
The information that is required in order to open an account varies from jurisdiction to jurisdiction. However there is a standard minimum that is required in order to establish the bona fides of the client.
Where the account is opened for a company, a detailed description of the company’s activities is required including its location and sphere of activities, the source of funds, and turnover.
There needs to be proof of identity and signature of the directors, account signatories and beneficial owners. EBC Corporation will need photocopies of passports that have original signatures and that have, depending on the bank, been certified.
The proof of residential address of the directors, account signatories and beneficial owners must also be provided. Usually a recent utility bill (electricity of telephone) will suffice.
A personal bank reference is further required. EBC can advise on the type of reference that can be drafted.
Please contact us for further information