Sign New Hampshire Banking NDA Online

Industry sign banking new hampshire nda online

if you're looking for the best bank for a bvi company then you've already stumbled upon one of the greatest secrets in the offshore industry bvi companies are like delaware corps but on steroids they pay nothing in taxes they're easy to run and there's no special reporting or annual audits plus there's the added benefit of privacy since the owner's name isn't splashed all over the internet but there's a snag most banks don't want to open accounts for bvi companies so in this video we'll show you how to find the best bank for a bvi company we'll demystify some of the challenges you will face and share a few of the strategies you can use to open accounts but before we dive in make sure you hit that subscribe button and the like button also might as well hit the notification bell while you're here that way you always get alerted when we post new account opening opportunities here at global banks we help individuals and businesses unlock the benefits of international banking by helping them find and open accounts with the best banks around the world before we get started we have a free business banking starter guide designed to help non-resident and offshore companies open bank accounts around the world don't forget to download your copy using the link in the description below now let's start by talking about some of the challenges you're going to face when opening accounts for a bvi company account opening in general can be bureaucratic torture but add in a bvi company and it can become a long invasive application with never ending requests for supporting documents not to mention constant rejection plus if you don't have the right information or don't know what you're doing it can get painfully expensive all in it can cost just over 2 000 u.s dollars just to submit one application but it doesn't have to be that way in fact we help global banks insiders our premium members open bank accounts for bvi companies all the time you just need to know which banks to approach which bankers to contact and how to make sure you are representing your business correctly unfortunately most people don't do this instead they tend to target the wrong banks have zero operating history or business relationships or operate a business that's hard to track and assess like a consultant company let's take a quick look at these in detail firstly targeting the wrong banks this is one of the most common reasons why people fail they apply for accounts at banks that don't even accept bvi companies as clients secondly if you just created a bvi company aren't doing business yet and don't have any customers the bank will struggle to see value in onboarding you as a client they need proof that your business is real and has legitimate sources of income so you should at least have some clients lined up before applying for an account lastly your company is service based this might seem odd if you're new to international banking but being a freelancer consultant or marketing guru with just a few clients is actually considered very high risk by banks the problem you're providing services you see banks sometimes view offshore companies providing services as high risk since they're a favorite tool for money launderers and illicit cash after all it's hard for banks to tell if you're actually providing a real service or not now that we have the challenges out of the way let's look at how you can find a bank for your bvi company your approach is going to depend on your personal details client profile desired deposit your company particulars what your business actually does how strong your documentation is and so much more we detail why these variables matter and how much you can use them to your advantage in our premium report called how to open international bank accounts for offshore companies this report is available to all of our premium members inside the global banks insider platform but for now here are some strategies and methods you can use to start identifying the best bank for your bvi company first find banks willing to accommodate bvi companies this might seem like a no-brainer but start by finding a bank that has confirmed that they're willing and able to open accounts for bvi companies but doing that is easier said than done to do this you'll need to contact the bank track down an experienced banker have a candid conversation convince them that you're worth talking to and ask them if they're really able to open accounts for offshore companies this is tough because at many banks you'll be stuck with a customer service rep and won't be able to get through to the actual banker in other words you're getting answers from someone who doesn't really know the answer second find banks where bvi companies have successfully opened accounts before in this scenario there's no need to ask the bank if they accept bvi companies since you've already confirmed that they do you can do this based on raw data account experiences and reviews from your peers if you know what others have done which specific banks they had success at what their client profiles were then you can use it for your benefit next find banks that accept ubos with your nationality and background one of the most important considerations when opening bank accounts for offshore companies is the owner in this case you look for banks that already accept offshore companies owned by people like you that means your nationality residency professional background and business type there might be banks out there that already cater to your specific client profile lastly find banks that accept high-risk nationalities banks that accept people from high-risk countries or certain regions have seen everything especially exotic structures and offshore companies so if that sounds like a lot of work you're right and most people don't want to put in the hours to open an account unfortunately if you already have a bvi company and are struggling with account opening you know how difficult it can get it's frustrating you just paid 1500 or more to create a bvi company but the structure is useless if you can't open a bank account worse and even more stressful is that your business is in limbo clients can't pay you you can't set up payment processing you can't sell stuff online you can't accept payments from customers your business is on hold until you get a bank account open fortunately if you're stuck and can't open a bank account there's still hope we help global banks insiders open bank accounts for their bvi companies all the time so if you want to find the best bank for a bvi company and need help figuring out what to do next you can obviously get started by using the information in this video but if you want to know which banks actually accept bvi companies which countries to target the best account opening strategies to use and the best ways to overcome tough paperwork requirements then we'd be happy to help you on your journey our team has created a report on how to open international bank accounts for offshore companies which will help you find the best bank for a bvi company in the shortest amount of time we do this by sharing the specific banks the most successful account opening strategies the unspoken rules of banking for bvi companies and the lesser-known account opening requirements you need to be aware of this report and many more are accessible via our premium flagship service global banks insider with global banks insider you'll get instant access to our entire archive of banking intelligence reports the global bank's database with more than 250 banks from 50 plus countries and real-time analyst support to answer your most pressing banking questions so if you need help sorting out the banking options for your bvi company or just aren't sure where to turn we can help and of course be sure to click subscribe and gain more insights into the banking world by checking out our other videos thanks so much for watching and i'll see you next time you