
Switzerland offshore banking is seen as the pinnacle of the private banking and wealth management world. But, Swiss banking isn’t for everyone. Banks in Switzerland have some of the strictest account opening requirements and due diligence procedures in the world.…

“What is a non-transaction account?” is a common question we receive from individuals in the following situations: Opening an account with a fixed term deposit or certificate of deposit (CD) Stepping into private banking for the first time Trying to…

Banks that accept a PO box address during the account opening process are rare, but (believe it or not) they do exist. Of course, it depends on where you’re looking to open accounts (country or state), and the type of…

Non-residents can open European bank accounts online in Andorra, Austria, Cyprus, Georgia, Guernsey, Isle of Man, Jersey, Switzerland, and elsewhere.

What’s the best place for offshore banking? Well, that depends entirely on your banking objectives. More specifically, on your client profile, including how much you’re able to deposit, and the specific banking services you’re after. But also, whether or not…

Best international bank for expats will offer a combination of convenience, stability, accessible banking services, and so much more.

If you plan to spend a decent amount of time in Mexico, it can be very useful to know how to open a bank account in Mexico as a non-resident. As an increasing number of digital nomads and remote workers…

Liechtenstein private banks are among the most exclusive (and difficult to access) in the world. They cater to the super-rich, royal families, and wealthy individuals seeking privacy and prestigious private banking. Understandably though, opening a private bank account in Liechtenstein…

Looking for the best Swiss bank account for foreigners? One that provides the elite banking products, services, and benefits you’re after? Well, Swiss banks can offer all of this and more. But, we’re not going to sugarcoat things here. As…

Are you thinking about opening an online USD bank account for a non-resident LLC? If so, you’ve come to the right place. Our team has helped countless members open online bank accounts for their non-resident US LLCs. In fact, we…

“What do I need to open a bank account?” is one of the most common questions our members ask. Unfortunately, due to a lack of consistency across online platforms, there’s a lot of confusion on which requirements specific client groups…

Panama bank accounts can be opened 100% online for foreigners, non-residents, and foreign & offshore companies. Importantly, you do not need an introducer.

There are a lot of perks to having a private bank account, from wealth management and retirement planning to special financing for yachts, art, and other high-end purchases. But as attractive as a private bank account may seem, there are…

If you own a small business selling products and services electronically, it’s a good idea to have a bank account that is specifically suited for eCommerce businesses. This can save you hundreds of dollars a year in account fees, valuable…

Opening accounts with the best US banks for non-residents has its perks. First and foremost, the US banking system is stable and banks are protected by deposit guarantees. But on top of that, having US bank accounts for non-residents also…

If you’re looking to open an account with the best bank for expats, you’ve come to the right place. The best banks for expats offer lucrative benefits and can save you a great deal on foreign exchange rates and transaction…

High-net-worth private banking can offer foreign non-residents (and their businesses) some incredible benefits that normal banks can’t offer. From enhanced privacy to dedicated wealth management and even special financing for yachts and art purchases, there are a lot of perks…

When it comes to picking the best business account for your startup, there are a lot of things to consider. From fees to deposit requirements and compatibility with payment processing and account software services, there are a lot of factors…

Looking for the best business bank account for your small business’s needs? One that offers attractive benefits, provides the services your business needs, and streamlines your financial operations? It can be difficult to find the right banking partner for your…

How to request an EIN verification Letter 147C as a foreign business owner. You will need to contact the IRS directly and follow their step-by-step process to successfully obtain a 147C letter.

Opening an offshore bank account in Switzerland for a non-resident has its perks. While Switzerland is no longer the hub of banking secrecy that it once was, the country is still one of the best banking jurisdictions in the world.…

A blocked account can happen without any notice. And, while this is a common occurrence for foreign non-residents, it can be 100% avoided.

If you want to open a bank account in Hong Kong, you should also consider other options. The current environment in Hong Kong is not ideal for international banking.

If you’re a frequent traveler, one of the best investments you’ll ever make is to open an account with one of the best banks for travelers. This can save you hundreds, if not thousands of dollars each year in ATM…

Are you a non-resident looking for information on how to get a US-issued credit card? If so, you’re not alone. Credit cards in America are known to offer some of the best benefits in the world. Including higher cashback rates,…

One of the most common questions we get from our GlobalBanks USA members is: “What proves I am the owner of my LLC?” This always comes up when they want to open a bank account for their company. With the…

What are the most exclusive private banks in the world? Probably not any that you’ve heard of… at least not recently. The most exclusive private banks are like secret clubs that only the super-rich and well-connected have a chance of…

Over the last twelve months, an increasing number of US expats have asked us “can a US citizen living abroad open a bank account in the US?”. Well, here’s the answer… If you’re a US citizen living abroad you can…

It is possible to open a multi-currency bank account as a foreign non-resident. And, with the right information, these accounts can be opened 100% remotely.

How to get an international bank account as a foreign non-resident includes knowing which banks, branches, and bankers will accept your client profile and open accounts for you.

The best offshore accounts are different for each person & business. This is because all banks cater to different clients, offer different services, and have unique onboarding practices.

We’ve talked about how to open a UK bank account for non-residents, expats, and even foreign business owners in the past. But, we haven’t discussed the importance of having a UK bank account when living abroad. Nor, have we discussed…

Applying for an overseas mortgage as a non-resident is 100% possible. Financing options available will vary depending on your client profile, including your citizenship and residency.

Yes, it is possible to open a Swiss bank account online. But, you need to know which banks in Switzerland you can realistically open with before applying. After all, opening bank accounts in Switzerland isn’t for everyone. And, while most…

Advantages of offshore accounts include greater security, lower fees, diversification, & more. Though specific benefits depend on the jurisdiction & bank you open with.

The requirements for opening a bank account in the UAE as a non-resident can be challenging to navigate as they can vary from bank to bank. But, by knowing which banks to approach, non-residents can open bank accounts in the UAE.

Offshore business banking is available to companies from most jurisdictions. However, each banking hub has its own requirements and preferences, making it difficult to know where to apply.

If you’re looking for a more convenient way to purchase everyday essentials while working or living abroad, then having offshore debit cards is a must. You can even access an offshore debit card when you open an offshore personal bank…

Labuan offshore bank selection requires you to consider your client profile, available deposit, and banking needs. Use the information below to navigate the options.

You can open a bank account in Macau as a foreigner, non-resident, and even tourist. Use the information below to start the opening process.

Foreign currency accounts benefit individuals and businesses that engage in cross-border transactions. They’re also extremely valuable for anyone living in countries with high inflation.

Overseas bank accounts used to be reserved for the rich and wildly successful. But, that’s no longer the case. In fact, clients from almost any background can open and benefit from an overseas bank account. But, these benefits can only…

UK bank account without proof of address is nearly impossible to do. With the right information, there are acceptable alternatives non-residents can consider.

Banks in Malta have a strict account opening process. You will need to meet a certain deposit level, likely visit the bank in person, and overcome extensive paperwork.

If you want to open a bank account in Poland, you’re in luck… it’s 100% possible. In fact, if you’re looking for fast and secure methods of sending and receiving money between the Eurozone, you’ll be happy to know you…

If you want to open a Cyprus bank account online, you’re in luck. But, you’d better set some time aside. Account opening can be time-consuming if you don’t have the right information and don’t know which bank or banker to…

Banks in Puerto Rico are a blend of offshore & US banking. Accounts are almost always opened remotely and Puerto Rico banks cater to foreign non-residents.

Open a bank account in the UK for a foreign non-resident requires to meet strict account opening requirements, including proof of an acceptable UK address.

RAK offshore company registration is popular with people seeking tax efficiency in a relatively stable jurisdiction. However, as we’ll explain below, this is usually a poor choice. RAK Offshore Company Registration Warning: RAK offshore company registration is increasing in popularity.…

An offshore account can be a powerful tool for diversification, asset protection, and even wealth creation. But, if you’re not careful (or choose the wrong one), offshore accounts can also cause headaches, trigger unintended tax reporting requirements, and be expensive…

If you’re considering opening an account with an Andorra bank, you’re probably looking for a stable jurisdiction, relatively low minimums, and euro banking. And, while you can tick all of these boxes in Andorra, there are pros and cons to…

Offshore Banking in the UK is a bit of a misnomer. While it is possible for non-residents to bank in the UK, offshore banking in the UK is found… offshore. Just a short 60-minute flight from London, and you can…

Whether you’re looking to open an offshore personal bank account online or in person and are on the hunt for the best offshore bank account interest rates, you’re not alone. Unprecedented periods of negative interest rates, market uncertainty, and instability…

A Jersey bank account offers a lot of benefits. In fact, whether you’re interested in retail, corporate, private, or even custodian banking, a Jersey bank account can offer unique advantages. Not to mention, Jersey is an attractive option for individuals…

Swiss bank account opening is often reserved for individuals in need of private banking and wealth management services. The minimum required deposit is US $1mm.

How to open an offshore bank account in the UAE for non-residents is one of the most common questions that we get asked from entrepreneurs and investors, especially those living or doing business in the Middle East. The UAE is…

In this article, we will explore remote account opening. This includes the strategies you can use to open accounts with top banks around the world and major red flags you need to avoid. But first, let’s make sure we’re all…

Seychelles company formation with a bank account is an incredibly attractive offer if you want privacy, low maintenance fees, cheap registration, and tax efficiency (maybe). But after you start doing some research, you’ll probably find that this offer sits in…

The complete list of banks in Barbados includes 30 financial institutions. However, only a small number of these banks accept foreign non-residents.

If you’re interested in Belize company formation with a bank account, you’re probably looking to maximize tax efficiency or protect your assets offshore. And, Belize might be one of the countries on your radar. Fortunately, despite what most people believe,…

Channel Islands offshore banks are enjoying a resurgence in popularity. This is especially true for expats, non-residents, and companies that want stable banks and sophisticated bankers. Surprisingly, despite their offshore reputations, Jersey and Guernsey are actually white-listed darlings of the…

Seychelles offshore banking is one of those topics that conjures up images of dictators and dirty money. And for good reason, Seychelles has had a long and colorful history as an offshore banking hub since the Cold War. Today, the…

BVI company & Singapore bank account combine to offer the best of offshore structuring & banking. But accessing this combination can be a challenge.

An offshore structuring strategy can be one of the best things you do for your business. There are lots of reasons why structuring your company in an offshore jurisdiction could make sense for you. We’ve covered many of these benefits…

If you don’t have an offshore bank account, you’re exposing your assets to risks and missing out on offshore asset protection opportunities. Why? Because you’re keeping all your eggs in one basket. So, if you live in a sue-happy country,…

If you’re interested in opening a Singapore non-resident bank account, you’re in the right spot. We’ve helped people from all around the world open non-resident accounts in Singapore following the strategy that we’re about to outline below. And while everyone…

How to avoid taxes with offshore accounts: While it’s 100% possible to avoid & reduce taxes, doing so requires change in residency, tax-efficient structures, and the right bank accounts.

In today’s article, we’re going to explore how to open an offshore bank account if you’re not rich. And here’s why… offshore banking is not just for the rich anymore. Regular people, including small business owners, entrepreneurs, and retirees can…

In our last article, we discussed the difficulties that offshore and international companies face when setting up payment processors. But besides accepting payments via a payment processor, an entrepreneur needs to receive funds into a bank account for their new…

At GlobalBanks, we talk a lot about how to open an offshore bank account. We also decode the common pitfalls and challenges that most people struggle with during the account opening process. And while you might be thinking that opening…