Laubia Group - International Advisor - Bank introduction services

Bank introduction services

Almost without exception, companies require bank accounts if they are to do business. So naturally, the vast majority of those who incorporate a company – be it onshore or offshore will need to open a bank account for their company sooner or later.

We have professional business relationships with and can provide introductions to many international banks worldwide.

Some of these banking introduction services include banks in Hong Kong, Switzerland, Austria, Latvia, Mauritius, Belize, British Virgin Islands and Saint Vincent and other jurisdictions.

All offshore banks are regulated in some form or another within their respective jurisdiction and the regulations are usually less restrictive and more protective of depositors’ rights than US law. Less restrictive regulations abroad allow foreign banks more freedom in locating the best investments worldwide, allowing them to pass on and share their profits with their customers.

Furthermore, banking offshore may have tax benefits by:
Reducing your exposure to taxes for interest on profits earned outside your home country
Protection of your assets
Estate planning
Confidentiality
The chance to take advantage of doing business overseas from a zero-tax jurisdiction.

Utilizing our bank introduction service greatly enhances your possibility of being able to open an account as we will ensure that you have all the proper documents and have been fully briefed.

Today Banks Must Be Very Careful, as the threat of terrorism and money laundering have caused international monetary authorities to more intensely scrutinize the relationship between banks and their clients. These acts have spread fear and mistrust in banks worldwide which makes acceptance of your company as a client no longer a guaranteed option. This makes arranging your company's banking today no longer a simple task as banks now put in place various intense due diligence procedures to Combat Money Laundering”, internal “know your customer” guidelines, due diligence procedures, “suspicious activity indicators” and even technology that attempts to detect “unusual” account activity.

What used to be legal and straightforward is now full of obstacles. Banking, specifically offshore banking remains legal but is no longer straightforward - we have to remember that the stringent requirements are here to stay -- so learn to live with them and we can help.

Our bank introduction service ensures that your bank account opening paperwork is in strict compliance with the bank’s Know Your Client' (KYC) requirements and required company (eg: Certificate of Incorporation, Incumbency, Bank Resolution etc) and personal supporting (eg: banker’s references, business profile) documents are in perfect order, conforming to standards used by the major legal firms.