How to Cash Out Bitcoin to Your Bank Account
How you decide to cash out bitcoin will likely depend on your trading activity, the amount you want to liquidate, and your client profile. We cover the available options below.
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Open a Business Bank Account Online
Business bank accounts can be opened online with both brick-and-mortar & digital banks. This is true in the US, Europe, Asia, and offshore for foreign & non-resident businesses.
Bank Closed My Business Account: Why Banks Close Accounts
Banks will close business accounts if they identify suspicious behavior, sending transactions to (or from) restricted parties, or if the account is not profitable.
Business IBAN Account Opening [How to Guide]
Business IBAN account can offer low-cost and fast transfers. They can be opened remotely (or in person) by local, foreign, and non-resident business owners.
Open a Multi-Currency Account For a Business
Multi-currency business accounts can be opened at banks that accept your industry, country of registration, and where you can meet requirements.
What’s the Best Place for Offshore Banking?
What’s the best place for offshore banking? Well, that depends entirely on your personal financial goals and overall banking objectives. More specifically, on your client profile, including how much you’re able to deposit, and the specific banking services you’re after.…
Best International Bank for Expats [How to Choose]
Best international bank for expats will offer a combination of convenience, stability, accessible banking services, and so much more.
How to Open an Offshore Company Bank Account
Offshore company bank accounts can be opened by most entities. Account opening requirements & deposits will vary by country, bank, and profile of the company. Most accounts can be opened 100% remotely.
What Do I Need to Open a Bank Account [Guide]
“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…
Easiest Place to Open a Bank Account as a Non-Resident
Easiest place to open a bank account as a non-resident can be determined by a combination of factors, including the bank's reputation, account opening process, and the quality of the banking services.
Company Bank Account Opening [Free Guide]
Company bank account opening is a difficult process to navigate if you don’t know where to start. Which banking jurisdictions are stable and open to non-resident foreigners? Which banking jurisdictions will enable you to access the best payment processing providers…
International Personal Banking [Non-Resident Banking]
For many foreign non-residents, being able to access international personal banking outside of your home country is critical to growing your wealth. This is especially true if you live in a country with economic uncertainty, unstable currencies, or a lack…
Private Bank Account [Private Banking Guide]
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…
How to Open a Bank Account for an eCommerce Business
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…
Open Accounts With the Best Bank for Expats
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…
Investment Platforms for Expats [What to Know]
For expats, it can be challenging to find investment platforms to work with. A lot of traditional US brokerages, for example, will not accept international clients. And they may even freeze or restrict transactions if they see logins from abroad…
Best Foreign Bank Accounts [Where to Open]
Are you a non-resident looking to open the best foreign bank accounts? If so, you’re not alone. The best foreign bank accounts can offer many benefits to the right clients. Including asset diversification, access to multiple currencies, and the ability…
Can an Indian Resident Open a Foreign Bank Account?
In this article, we’re going to help you answer the question – Can an Indian resident open a foreign bank account? We have many articles on how to open a foreign bank account for non-residents, expats, and even foreign business…
Choosing the Best Business Banks to Open With Remotely
There are a lot of benefits to having a bank account abroad – both for you and your business. But, it can be very time-consuming and expensive to travel internationally… just to open an account. After all, it’s not guaranteed…
Can I Keep My Bank Account if I Move Abroad?
Keeping your account when moving abroad is 100% possible. But, if you plan to use your account internationally you could experience account restrictions, higher fees, and more.
Expat Wealth Management [How to Start]
Expat wealth management offers unique services to those living abroad. Everything from financial planning, asset management, investment products, retirement planning, and much more.
High-Net-Worth Private Banking [How to Qualify]
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…
What’s the Best Business Account for Startups?
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…
How to Get a Virtual Account Number [Free Guide]
Has your credit card information been stolen before? But you’re not sure how? Well, perhaps you made an online purchase through an unsecured platform. Or, during your last online purchase, you decided to keep your credit card on file. Whatever…
Best Business Bank Account [Small Businesses Guide]
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…
Business Bank Account For LLC [US Business Banking]
Opening a business bank account for an LLC is 100% possible to navigate remotely. With the right information, foreign-owned LLCs can benefit from financing, business loans, and credit cards with US bank accounts.
Blocked Account: What to Do Next With Blocked Accounts
A blocked account can happen without any notice. And, while this is a common occurrence for foreign non-residents, it can be 100% avoided.
Open Foreign Bank Account Online [Free Guide]
Though travel has become a lot more difficult in recent years, luckily there are options to open a foreign bank account online. Most banks previously required applicants to be physically present to submit an offshore application to open an international…
Best Bank for Travelers [2022 Guide]
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…
SEPA Countries & SEPA Accounts [Updated Countries]
There are 36 SEPA countries plus 17 lesser-known SEPA countries (shared below). You can use the following information to choose the SEPA country that's best for you.
Most Exclusive Private Banks in the World
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…
Documents Required to Open a Company Bank Account
Documents required to open a company bank account will depend on the a few key variables including, business activities, where the business is registered, and the location of where the business operates.
Open an Offshore Bank Account Online: Offshore Banking
Opening an offshore bank account online is possible if you meet the account opening requirements and have a suitable client profile.
Multi-Currency Bank Account [Start Here]
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.
International Debit Card [Debit, Credit, Prepaid]
International debit card options include debit, credit, prepaid, & anonymous cards. Local residents, foreigners, & non-residents are eligible for each.
Best International Bank [100% Remote Opening]
Opening an account with the best international bank can offer foreign non-residents attractive benefits, profitable investments, and valuable services. But, how do you know where to find the best international bank? Well, it highly depends on your client profile and…
How to Get an International Bank Account [Free Guide]
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.
Overseas Mortgage for Non-Residents [Free Guide]
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.
Advantages of Offshore Accounts [Offshore Banking]
Advantages of offshore accounts include greater security, lower fees, diversification, & more. Though specific benefits depend on the jurisdiction & bank you open with.
Corporate Banking Solutions & Features
When it comes to choosing the best banking jurisdiction to open a business bank account online (or in person), knowing which corporate banking solutions and features are available is an important consideration. Unfortunately, due to a lack of consistency across…
Offshore Business Banking [Where to Start]
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.
Offshore Debit Cards – Ultimate Guide
If you’re looking for a more convenient way to purchase everyday essentials while working or living abroad, then having offshore debit cards connected to your overseas financial accounts is a must. You can even access an offshore debit card when…
Foreign Currency Account [How to Open Currency Accounts]
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.
Frozen Bank Account [Free Guide]
Frozen bank account is 100% avoidable if you choose the right bank, diversify your assets among multiple secure banks, and follow the bank's regulations.
Reason for Account Closure: Closing Accounts
There are many reasons for account closure, including unusual transaction activity, not responding to bank requests, and engaging in high-risk behavior.
Overseas Bank Account Opening 101
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…
Bank Reference Letter [Ultimate Guide]
Bank reference letters help qualify applicants for new accounts & services. They must be printed on bank letterhead & will include identifying information.
Virtual IBAN Providers [Guide on Virtual IBANs]
Virtual IBAN providers offer a valuable service to businesses and individuals in need of fast, low-cost transfers and multi-currency accounts.
Bearer Shares & Banking [Bearer Share]
Bearer shares were once a popular form of offshore company ownership. Today, only a handful of offshore jurisdictions allow the use of bearer shares. Unfortunately, while it is possible to register with bearer shares, opening a bank account with them is unlikely.
Banking for Digital Nomads [Digital Nomad Banks]
There’s no such thing as a one size fits all strategy when it comes to banking for digital nomads. And there’s a simple reason for that: every digital nomad is different — different citizenships, different sources of income, different banking…
International Private Banking [Start Here]
International private banking conjures up images of private jets, secret accounts, Swiss accents, and exclusivity. But for almost a century, the attraction of international private banking had less to do with exclusivity and everything to do with taxes. Or, perhaps…
Best Offshore Bank Account Interest Rates
The best offshore bank account interest rates range between 2.5% and 6.5%. Most prospective clients can open accounts with these rates remotely with a deposit of USD 10,000.
International Digital Bank Account [Digital Banking]
International digital bank account opening as a foreign non-resident is 100% possible. Offering low-cost transactions, strong online banking, and no opening deposit.
Remote Account Opening [2024 Guide]
Remote account opening is possible for most foreign non-residents as long as they choose the right bank, meet the bank's account opening requirements, and have a suitable client profile.
Lombard Credit & Loan Guide
If you’re looking to access Lombard credit through a financial institution where you have an existing high-teir account or private bank account, congratulations… you’ve stumbled across one of the oldest secrets in the banking world. In fact, as you’ll see…
Ready-Made Company With a Bank Account
Ready-made company and bank account packages are available from many corporate service providers. This includes in the Caribbean, Europe, and Asia. However, the banks offered are often low-quality and it's usually best to set up a new company.
Open Bank Account Without Physical Presence: Remote Opening
Non-residents can open a bank account without physical presence as long as they choose the right bank, meet the bank's account opening requirements, and have a suitable client profile.
Open the Best Bank Account for Cryptocurrency
Despite the fact that crypto is more widely accepted than ever, determining the best bank account for cryptocurrency entrepreneurs and investors is still an elusive goal. In fact, if you read the headlines of most crypto publications, you’d think it…
Open an Offshore Personal Bank Account Online
To open an offshore personal bank account online, you need to select a bank that meets your needs & accepts clients with your profile. Importantly, most offshore banks accept specific clients & have detailed requirements for opening.
Non-AEOI Countries List & Account Opening
Non-AEOI countries are countries that are not committed to the CRS and do not automatically exchange information between international tax authorities.
Offshore Bank Account With Credit Card [How to Guide]
Opening an offshore bank account with a credit card as a non-resident individual can offer unique opportunities. That is if you choose the right country, bank, and credit card.
International Company Bank Accounts: The Secret to Success
In today’s article, we’re sharing how the GlobalBanks team approaches opening accounts for international companies. This will help you if you’re the owner of a business in Panama, BVI, Marshall Islands, Cayman, Malta, and many other international jurisdictions. And, in…
Benefits of International Banking [International Bank]
Are you trying to determine the benefits of an international bank account? Then, this article is for you. We’re going to dive straight in and cover the specific benefits that attract so many people to banking offshore. We’ll also explain…
Anonymous Numbered Bank Accounts [Updated for 2024]
An anonymous bank account, also referred to as a “numbered account,” is a bank account where the identity of the account holder is replaced with a multi-digit number or code.
Open International Bank Account Online: Offshore Banks
Opening an international bank account online as a non-resident is possible if you meet the bank's account opening requirements and have a suitable client profile.
Foreign Bank Accounts for US Citizens: What to Know
Foreign bank accounts for US citizens can be opened in top banking jurisdictions around the world, including with leading financial institutions.
Closing a Bank Account Overseas [Foreign Bank Account]
Closing a bank account overseas can be done by following the bank-specific closing policy and paying the respected closing fees.
Before a Bank Fails: 12 Warning Signs to Watch Out For
Banks do not fail overnight. There are publicly visible warning signs (that anyone can interpret) for months (sometimes years) before a bank collapses.
Banks Freeze Accounts… But Why?
Banks freeze accounts because of suspicious activity or unusual transaction on your account, you are a victim of fraud, or you owe money to the tax authority.
Private Banking 101: How to Bank Like the Super-Rich for Less
Unfortunately, there is a lot of misinformation blinding anyone that wants to open a private bank account. This is especially true for anyone just getting started, that doesn’t know where to turn. So we’re going to discuss exactly what private…
How to Open a Bank Account as an Expat
When you’re busy globetrotting with a glamorous expat job, the last thing you want to worry about is how to open a bank account as an expat. But, as you already know, having an international bank account is critical to…
Highest Interest Rates in the US Are Horrible – Do This Instead!
Many Americans look to offset the destructive effect of inflation by obtaining the highest interest rates in the US that they can find. In theory, using high-interest rates to offset inflation is a great idea. But in practice, it’s incredibly…
How to Open a Non-Resident Bank Account in Dubai
It is 100% possible to open a non-resident bank account in Dubai as long as you know which bank to approach, can meet the account opening requirements, and have a suitable client profile.
Gold Prohibition & Capital Controls – Can It Happen Again?
Imagine waking up on Sunday morning and finding out that a particular financial asset is now illegal to own… a prohibition on gold. You, as a private citizen, can no longer own gold coins, bullion, or gold certificates. Don’t worry…
Best High-Earner Bank Accounts
Best high earner bank accounts are held in offshore private banking hubs. They offer asset diversification, wealth management, and financial banking services.
High Interest USD Deposits
High-interest deposit accounts in the US, Canada, and the EU have been non-existent for years. While many experts tout 1.5% to 2.5% as a measurable success, any novice investor can point out that you’re not even beating inflation. And if…
COVID-19 Banking Q&A: Your Questions Answered
Last week, we asked GlobalBanks subscribers if they had any questions about banking during the COVID-19 outbreak. As it turns out, the current crisis and the resulting economic impact have people worried about banking. Very worried. As you’ll see below,…
How to Keep Your Money Safe During The COVID-19 Crisis
Lots of people are wondering how they can keep money safe during the COVID-19 crisis. And it makes sense. Governments and banks around the world are facing massive uncertainty right now. Fear and panic are everywhere thanks to COVID-19 and…
Barings Bank Failure Will Happen Again – Are You Ready?
Exactly 25 years ago today, on February 26th, the world watched as the Barings Bank failure took place in front of our eyes. Barings Bank was one of the most prominent and well-respected banks in the history of the world…
What to Know Before Opening an Offshore Bank Account Overseas?
An offshore bank account is a financial account opened by individuals and businesses overseas. In this guide, we share everything you need to know about offshore banking.
Benefits of Offshore Banking [Offshore Accounts]
What are the benefits of offshore banking and offshore bank accounts? That’s a big question. Not because it’s hard to understand. But because there are so many benefits that people and businesses get by going offshore. KEY TAKEAWAYS Benefits of…
Money Safe During a Recession [How to Know]
Whether your money is safe during a recession comes down to where you bank - we share the specific factors you should consider below.
37 Facts You NEED to Know Before You Open an Offshore Bank Account
Before you open an offshore bank account, you need to familiarize yourself with the secrets to offshore banking that no one is going to tell you. In this article, we’re going to give you a crash course on offshore banking.…
Cost to Open an Offshore Bank Account [Offshore Banking]
One of the most misunderstood topics related to the offshore banking world is the cost to open an offshore bank account. And unfortunately, the requirements and related costs are always changing. Fortunately, offshore bank account opening doesn’t have to be…
Guide: How to Open an Offshore Bank Account Remotely
Opening an offshore bank account remotely requires a video interview, email submission of documents, and mailing physical copies of supporting documents to the bank.
You’re Still Looking for Banking Secrecy? Silly Rabbit… Tricks Are for Kids
Banking secrecy used to be a big deal. And while it’s all but dead, there are still a lot of rumors floating around the internet saying that it can still be achieved… it can’t. In many instances these rumors are…
Offshore Structuring: The #1 Mistake That People Keep Making
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…
Banking Reputation [Why It Matters]
Banking reputation refers to the country’s currency controls, political issues, economic stability, rule of law, and quality of the banks.
How to Use Offshore Accounts to Protect Your Assets
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,…
How to Legally Avoid Taxes With Offshore Accounts
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.
Open a Bank Account as a Foreigner
Open a bank account as a foreigner by meeting bank-specific requirements, submitting the appropriate documents, and making an initial deposit.
Banking Offshore: How to Start When You’re Not Shakira (a.k.a. Low on Cash)
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…
Banking in Lebanon: A Cautionary Tale
Banking in Lebanon used to be seen as a status symbol. It was home to solid banks with good reputations that offered customers stability (and banking secrecy) in a shaky part of the world. But banking in Lebanon is changing.…
European Banking in 2019 – Nyet to Non-Residents
Account opening requirements for non-residents at European banks are changing. In fact, there are brand new requirements that didn’t even exist 2 to 3 years ago. You used to be able to open an account by simply showing up and…
CRS Countries: What Your Lawyer Isn’t Telling You
CRS Countries GlobalBanks CRS Tracker Last Updated April 3, 2023 Take Control Of Your Personal And Financial Information Today! 3 strategies you can use NOW to increase privacy & asset protection without shady banks (Page 5) The most important WARNING…
Cuba Banking Sector [Thoughts From Havana]
I’m just as surprised as you are that I’m writing about Cuba’s banking sector. But here I am, writing from my balcony in Havana. While I’ve traveled to a lot of different countries over the years, Cuba never made the…
Why Your New Company Can’t Open a Bank Account
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…
Payment Processing for Your Offshore Company [Business]
If you’re looking for payment processing for an offshore company, you probably already know that you’ve stumbled into a grey market filled with shady service providers and questionable business tactics. That said, whether you’re looking for merchant accounts or basic…
Want to Open an Offshore Bank Account? (Read This First!)
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…
Banking Failures [5 Things to Learn From Bank Failures]
Banking failures are common and are caused by failing banking systems, poor financial planning, and failure to comply with regulators.
Are You in the “Lucky” Passport Club?
In the time of Genghis Khan, Mongolian ambassadors, noblemen, and officials would travel through the vast Mongol empire carrying a “Gerege.” It was essentially the first passport. But instead of a little book, Gereges were made of wood, bronze, silver,…
Stock Market Crash of 1929 [Can it Happen Again?]
Stock market crash of 1929 set records for the highest volume ever traded in US history. It resulted in 33% of banks being forced to close and a lost of $300 billion.
Banks Shutting Down Accounts. What You Need to Know
Banks shutting down accounts isn’t new. Reasons you can experience an account closure include suspicious activity, your business operations, your citizenship, and more.
You Can’t Blame the Irish… or Can You?
If you’re like me, and you probably are, you wouldn’t just step aside and let someone walk into your home and steal all of your personal belongings. But would you let the Irish government do it? You see, Ireland started…
Easy Account Opening – What You Need to Know Before Applying
If you’re looking for an easy bank account, you probably know how frustrating it can be to try and access financial services overseas. Increasingly strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations have led many banks to shut…
International Bank Account Opening [International Banks]
Opening an international bank account is critical to the lives of many individuals and business owners. This can be true whether you live in Southeast Asia or South Texas. And, if you have international commitments, being able to send and…
Where to Bank Overseas [Finding the Best Country]
The country you choose to bank in is as important as deciding where to live or where to buy an investment property. You wouldn’t buy a house or move your family to a war-torn neighborhood. So why would you send…
How to Open a Bank Account [Your FREE Guide]
How to open a bank account will ultimately depend on a few key factors related to you and the type of account you’re looking to open. These factors include where you want to open, your residency status, how much you’re…