Where to open a bank account?

Foreign bank accounts are relevant today, both for legal entities and individuals. This can be not only the opening of a company in another country, but also the withdrawal of funds to an offshore / onshore. In each case, you will need to contact a foreign bank, understand all the nuances, prepare the necessary documents. This will be done by specialists of the law firm Lawrange.



Personal presence or remote account opening
In each country there is a personal approach to the client. Of course, in most cases, the personal presence of an individual or a representative of a commercial company is required. Opening accounts in foreign banks is also practiced remotely. There may be three options:

• The first is to call the banker via video link, show the original passport on camera, send the necessary documents by mail (it is rarely practiced);
• the second – to discuss all the basic issues without personal presence, and come only to the final meeting (the more likely option);
• The third is to find a trustee (agent) in the selected country.

The latter option of remote cooperation is considered the most realistic. After all, consultants from Lawrange are well versed in the payment systems of Asian and European banks. They are constantly in touch with foreign colleagues and are familiar with the economic situation in a particular country. This allows:

• to solve tasks promptly;
• Responsibly answer customer questions;
• Select the optimal conditions and tariffs.

Each client gets the opportunity to open a foreign account as soon as possible on favorable terms. At the same time, do without a business trip abroad, a long procedure for processing documents, verification, significantly saving your own time.

Which country to choose
The market of global banking services is diverse, which allows foreign investors not only to invest profitably, but also to enjoy a number of preferences. For example, do not pay taxes, directing more funds to develop your business, open accounts in dollars or euros, make international transfers. Of course, to receive such benefits, a non-resident investor must comply with a number of conditions, meet the requirements of the bank. Opening an account in Turkey, Switzerland, Poland, Macedonia or any other country will not be a problem.

As for the choice of the country, in the same Turkey, Serbia, Bulgaria, Hungary for foreigners created the most comfortable conditions. The procedure is carried out quickly, with a clear request for a list of documents.

The largest financial centers, by tradition, remain Switzerland, Hong Kong and Singapore. Armenia has changed its attitude (in a positive direction!) towards foreign investors.

Perfect banking service is famous for Austria and Liechtenstein. The conditions in Andorra are well suited for corporate clients. Minimum commissions and profitable service are provided by Poland.