The present-day world requires a Plan B to be ready if you take care of safety, and opening a personal account in an offshore jurisdiction is one of its components. Diversification has always been a key to safety: if something happens in your home country or your bank account is blocked for some reason, a second account means that your operations will not stop: you will simply switch to it and pay your bills on time. All you need is to find a safe jurisdiction and a reliable bank you can entrust your money to, and this is where we can help you. The Swiss bank in the Bahamas we recommend is a trustworthy institution that is definitely worth your attention, so let’s take a closer look at it.
If you need additional information, you can read more details on how to open a private bank account in the Bahamas on our portal. You are welcome to explore other sections devoted to international business and banking, asset protection, tax optimization, investment (including residence- and citizenship-by-investment programs), and much more. You can also schedule a free initial meeting with our consultant to discuss your needs, preferences, and situation, and find the most suitable option from those that are currently available on the market. If you want to delegate all the administrative steps to us and simply get a fully operational account, we can provide a turnkey package for you to take advantage of. Click on the link and get in touch with us to avoid the hassle at a reasonable fee!
The Swiss Bank in the Bahamas
If you are a non-resident, opening a bank account may be a little difficult. However, there is a Swiss bank in the Bahamas that will be glad to onboard you, and we will help you open an account online without a personal visit to the country, which will save you costs considerably.
The bank we recommend was founded in Switzerland in 1960, and it adopted a successful development strategy that made it possible to gather a considerable amount of funds and provide an extensive range of excellent banking services to customers from all over the world. And though the bank is a really prospering institution, it decided to remain a small bank that directly communicates with its customers and offers customized services to them.
The institution has its head office in Switzerland and a number of branches across the globe (including the Bahamas) which enables international clients to set up non-resident accounts abroad.
This is a bank that values quality rather than quantity, and no wonder clients from around the world trust it and remain loyal for many years.
The Swiss bank in the Bahamas offers its corporate and individual customers advanced investment and asset management services and exclusive access to foreign operations, in particular, those conducted in Latin America.
The headquarters located in Switzerland acts as a supervisor for the activity of its branch in the Bahamas to ensure compliance and transparency of its activities in line with global requirements.
Services Provided by the Swiss Branch in the Bahamas
Here is a list of services offered to non-resident clients by the private Swiss bank in the Bahamas:
- Private banking services
- Personal accounts
- Business accounts for offshore entities (including forex companies that have a valid license)
- International transactions
- Investment/asset management services
The list is not exhaustive, of course.
You will have an opportunity to access your account and manage your funds from any place in the world on a 24/7 basis.
Requirements for Potential Clients of the Swiss Bank Branch in the Bahamas
The Swiss bank we recommend focuses on reputable corporate clients and high-net-worth individuals from around the world, but it is open to any non-resident who meets the criteria. Here are the steps you are required to take to open a personal account:
- Provide a passport copy (or any other valid ID)
- Successfully pass the checks required by the bank (namely, these are due diligence and Know Your Customer procedures during which the proof of your residence is verified among other things)
- Provide proof of the lawful origin of funds (for example, a document issued by your bank)
- Submit a professional reference letter (from a lawyer or an accountant with whom the client has worked for some time)
- Prepare the required minimum amount to deposit into the account upon the first request. It is not officially set, but they usually want you to provide 500,000 to 1,000,000 US dollars.
The documents required to create a personal bank account with the Swiss bank in the Bahamas should be made up in English (or translated) and certified by a notary.
The bank will meticulously verify the information you provide, including your current address/place of residence. You will need to provide a utility bill issued no more than 3 months ago that contains the customer’s name and residence address.
This is the general information about account opening, and you can find out more details by booking a session with our expert. As soon as your primary application documents have been submitted, the bank will provide the details about the minimum initial deposit amount and the additional documents it needs.
Opening a Personal Account: Procedure
Let’s look at the simple steps you will need to take to open a bank account in the Bahamas:
- Get in touch with our expert to discuss your needs and preferences. If we see that the option described in this post is not the best one for you (or some restrictions apply), we will offer another solution to cater to your financial needs.
- Pay the cost of our services using any convenient method, from Bitcoin to bank transfer.
- Prepare the required package of documents.
- Wait for the bank to make a decision (or provide additional documents of information upon request).
- Transfer the minimum initial deposit amount.
- Bingo! You have a fully operational personal account with the Swiss bank in the Bahamas, and you can start using it right now!
Interested in opening a private account in the Bahamas? Click on the above link to explore our portal or contact us straight away!