Offshore banks open remotely/ without travelling

Bored, so thought I would start this post in considering members who cannot afford to travel or restricted by Travel Visa or just prefer sitting on the beach cooking!

I will add country and caveat as I am aware of, welcome updates and links, also experiences. Please no e-wallets, but ok for EMIs like TransferWise but not NEAT as only really a prepaid card with restricted e-wallet option

PLEASE focus on “Personal Bank” Accounts only which are possible to open from home! or from the Beach!!!

If any banks proposed need an introducer PLEASE do your own due diligence for any introducers proposed and read terms and conditions of agreements/Power of Attorney (POA). If you don’t like articles ask for them to be changed and compare between other introducers, ensure it only refers to one Bank not multiple so that don’t open a few Banks in your name, limit the date they represent you a month or two maximum and ceases after a few weeks and don’t add money until after the date expiries unless the Bank needs the minimum deposit and check with bank POA is nullified, also terms never states “take a loan or credit on your behalf” (pm me if need help)

Some need notarized documents, some use VDO interview , ID technology, selfies etc.

(maybe someone wants to start a separate post for Biz accounts)

Prefer it does not become a discussion on tax and hiding bank accounts so please do your own research… Some general information below attachment. please leave it at that and focus on PERSONAL OFFSHORE REMOTE OPENING BANKING only. Thank you.

FACTA-CRS-Territory Tax .docx.pdf (24.0 KB)

Readers interested in a Bank please contact the.Bank read the terns and requirements for opening before posting questions. But by all means ask about peoples experiences and do’s and don’ts to avoid getting accounts freezed.

If you post a Bank please add similar details as mine to help everyone. Thank you
Happy Banking :smile: (hopefully) spread the risk :smiley:

Switzerland

Swissquote


Actually a Broker but comes with Bank Card and able Crypto trading, can only fund from account in own name. No Minimum Deposit, depositor protection guarantees up to a limit of 100,000 E

Europe

N26


limited to EU, Swiss and US residents, Bank Card closing accounts for UK residents due to brexit
depositor protection guarantees up to a limit of 100,000 E

Revolut

EU, Australia, Canada, Singapore, Switzerland, and the United States, seeking licence for Hong Kong with Bank Card. no depositor protection guarantees

Transferwise Borderless Account

Depositor protection guarantees through their Barclays UK account however not sure if applies to mixed funds and “local” currency accounts in other countries. Bank Card only available in certain countries

US Territories, Puerto Ricco

EPB

Did have bank card for EU residents but believe not available at present, not available to US residents
500USD

Virtual Banks Puerto Rico

Planned to open 2020, currently has a waitlist. Looks interesting.

Singapore

Citi Bank

https://www.ipb.citibank.com.sg/portal/home_english/citi_home.htm

Need 200k USD, Bank Card

OCBC Premier

https://www.ocbc.com/personal-banking/premier-banking/index.html

Need 200k Singapore $, Bank Card

Hong kong

I believe all need to visit in person unless UHNWI

Jersey (UK crown dependency)

Barclays Internationals

Need 25000 GBP, Bank Card. depositor protection guarantees up to a limit of 50,000 GBP

HSBC Expat

£100 set up fee, a minimum balance of £25,000 (or zero set up and £60,000 needed, Bank Card
depositor protection guarantees up to a limit of 50,000 GBP

Gibraltar or Isle of Man (UK crown dependancy)

Lloyds International

https://international.lloydsbank.com

£50,000 gross income OR £25,000 to save or invest. Many countries of residence are excluded. Bank Card. depositor protection guarantees up to a limit of 100,000 GBP

Isle of Man and Jersey (UK crown dependency)

Santander International

https://www.santanderinternational.co.uk/

IUK expats and NON DOM UK resisents, 75K needed. Bank Card

Georgia

(PLEASE do due dilligence if use introducer)

TBC Bank

https://www.tbcbank.ge/web/en/web/guest/personal-banking
Basic and Prenier Acxounts. Bank Card need intoducer with POA. only protecction for nationals and very low

Bank of Georgia (BOG)

https://solo.ge/en/solo-bank

Premier side of https://bankofgeorgia.ge

Bank Card need introducer with POA0, protection as above

Cambodia

ACLEDA Bank

https://www.acledabank.com.kh/kh/eng/product

No Bank Card, unless travel after opened
No deposit protection, high fixed term deposit rates

Labuan (Malaysia)

Fidelity Asia Bank (part of Fidelity Bank Ghana)

https://www.fabbanking.com/banking

Advertised Bank Card, but not sure if they provide, 500 USD opening, No deposit protection

2 Likes

Arival Bank is removed as they just confirmed thru on line chat roll out will be for BIZ only later personal accounts,

Swiss EMI

Dukascopy

FX CFD trader with.EMI Bank service


Reasonable list of nationalities can sign up but the Bank Cards limited to some countries, account Quarterly limits based on verified and unverified monthly salary. Able to invest stocks and crypto but seems with a caveat not held in your name but under a POA.

This is a very useful list asia2!
Have you, or has anyone else had any experience opening an account with Euro Pacific Bank in Puerto Rico?