Offshore Business Bank Account

An offshore business bank account also dubbed as “international business bank account” is a bank account that is established outside the area of domicile of the account holder.

 

An offshore business bank account can benefit businesses in a variety of ways. Some of these include the convenience for international businesses to manage their financial transactions with suppliers and customers, the convenience of currency conversions and time management in making their operations an efficient and competitive one.

 

Opening an offshore business bank account with British Caribbean Bank International means that the convenience and benefits mentioned above fully apply. Additionally, all deposits received are tax exempt.  They are NOT converted into Belize dollars but can be converted into US Dollars, Canadian Dollars, Euros and GBP Sterling Pound, depending on the client’s preference.  Consequently, deposits can be made in different currencies without paying exchange rates and other fees that would ordinarily apply with regular banking.  Our clients benefit additionally as British Caribbean Bank International does not currently charge a set-up fee.  As a client, we will guide you to ensure that your offshore business bank account are customized to meet the growing needs of your business and help you to remain competitive and successful via the efficient financial management of your funds.

 

Our corporate clients can consider our multiple options when opening an offshore business bank account. Some of these options include corporate accounts, escrow accounts, multi-currency accounts and the newly introduced merchant accounts for businesses that have integrated on-line sales as an added distribution to their product and services line.  Our clients can choose one or a combination of account options and features depending on their current and future needs.  Furthermore, as an offshore business bank account holder, our clients can benefit from our 24 hour internet banking option that allows them access to manage their account balances and transactions.  Easy options with our VISA branded cards (credit cards debit cards, prepaid cards) also allow our clients easy and immediate access to their funds.  For clarity the following e-commerce businesses are restricted from applying for international bank accounts:

  • Gaming, Lotteries and Casinos
  • Adult Entertainment and Pornography
  • Tobacco, Alcohol and Firearms
  • Pharmaceuticals
  • Telemarketing

 

It has never been easier to open an offshore business bank account.  Simply visit the homepage of this website and click on the link for the type of account you’d like to apply for.  These documents include: Merchant Questionnaire, references and company identification papers.  All business owners wishing to apply for an account with British Caribbean Bank International must provide their incorporation documents.  Prospective clients may receive account approval within 48 hours of submitting all required documents.  Let us manage your company’s offshore business bank account today and start enjoying the convenience and added benefit that will bring greater value to your company as well as increased savings in the process.