What to Do When You Can’t Get a Bank Account for Your Offshore Company

Many people are mis-sold offshore company formation packages with no guarantee of a bank account

Over the years we’ve received so many queries from poor souls who’ve been sold an offshore company formation package, only to discover that they aren’t eligible to open an offshore bank account (or even an onshore bank account) to enable their company to become fully operational.  All too often so-called ‘company formation specialists’ fail to correctly advise their clients that getting a bank account can be next to impossible, depending on your circumstances.

To our mind the ethical way to operate as an offshore company formation specialist is to ensure you manage your clients’ expectations and fulfil their requirements, with money back guarantees in place if you’re unable to fully assist.  However, the majority who operate offer no guarantees at all.

The good news is that if you’re in a position that you have an offshore IBC with no bank account and seemingly no chance of getting a bank account, there is a lifeline available for you.  It may be a requirement that you change the jurisdiction of your company in order to open an account; however the good news is that we know a company that will do you a free pre-approval check with a 100% money back guarantee if your pre-approved account fails to come to fruition.

We’ve worked with the company in question for 10 years.  We’ve referred countless readers to their website and to their services: which range from establishing private banking introductions in Monaco, to the establishment of fully functional UAE companies and bank accounts.

Because we’ve received so many enquiries from those who have quite frankly been mis-sold offshore company / offshore IBC packages in the past, we’ve worked to develop a unique service for affected Shelter Offshore readers.

We are able to get you a free pre-approval service for an international bank account…

Please be advised that if the offshore IBC package you’ve been sold is actually unsuitable for your requirements, and it will not enable you to get the bank account you require, you will be advised accordingly.

All your options will then be discussed.

In terms of the fee-free pre-approval offshore bank account service, here’s how it works: –

Without having to credit score you, without requiring bank references and without you needing to visit the bank in person (unless you wish to), you will be pre-approved for an offshore bank account wherever possible.

All that will be required is a copy of your passport and a utility bill as well as details of your company.  And if approval is given you will not be required to jump through the hoops of having to be credit scored, provide bank references or have documents notarised or apostille copied.

If you cannot be guaranteed a bank account you will be advised why.  And if it is simply a case of you having been mis-sold the wrong type of company, or having been incorrectly advised about the correct jurisdiction for your company’s chosen purpose, you will be re-advised free of charge, with a further free pre-approval offered if you choose an alternative solution.

There is no charge for this service from us.  Please note: anyone attempting to mis-use an offshore company or bank account solution for illegal purposes will not be provided with assistance from us, or the company to which we refer you!