Skip to primary content
Skip to secondary content

Guide for the best OTC bitcoin exchangers

Reviews about OTC Bitcoin & Crypto Brokers

Guide for the best OTC bitcoin exchangers

Main menu

  • Home
  • About
  • Contacts
  • Privacy Policy

Tag Archives: remote opening offshore banking list

Offshore banks that can be opened online and remotely

Posted on by Admin
Reply

In this article we will show you a list of Offshore banks that can be opened online without visit the branch. For the sake of simplicity we included in the Offshore list Switzerland banks and other european banks where in past it was present the banking secrecy.

Of course, bear in mind that nowadays is almost impossible to obtain the banking secrecy like in the 90s unless you are willing to bank in Liberia (with all the risks connected). It’s obvious that in our era you will not get banking secrecy in Switzerland or Luxembourg if you are a French or Italian citizen! These banks are useful for anyone needs a bank account in another country of his country of residence.

We are not covering USA Banks here.

We are not listing banks that require an introducer.

If you are looking for banks that are bitcoin friendly (even for high amounts), you should check this other article.

1) Cim Banque

Cim Banque allows you to open the account remotely, without visiting the branch. They require notarized identity documents (like passport) to be sent to their branch (usually Lugano). They require a video call to approve your account remotely. They also require an initial funding of at least 5000 CHF or 20000 CHF if you want to be waived of any fess concerning the account opening. They are not bitcoin friendly. The customer service is very rude and uneducated. They can be slow, very slow, especially from 2019. They are expensive: price for a basic individual account can be 360 CHF yearly, and this is only the maintenance fee, SWIFT wires, Forex conversions of currencies are all crazy expensive. Avoid if you can and if you have better options.

2) Euro Pacific Bank

Famous or infamous bank owned by Mr. Peter Schiff. The bank was incorporated in St. Vincent & Grenadines, but now they moved to Porto Rico. Not bitcoin/cripto friendly. It’s a good choice if you want to be protected by AEOI and CRS (if you are European). Moreover, the bank can be very difficult to deal with: banks wires, especially the outgoing bank wires, can be very slow to be sent. In fact, the compliance is over active and they usually require an approval for any beneficiary you want to involve in your transactions. Approval means sending contracts, proof of funds, and so on. They lost the intermediary bank (especially for USD but even for EUR currency) several times but it seems that now they found some kind of stability. We do not recommend this bank unless you have no other options. Debit card are also not reliable: the last time all their customers debit card were cancelled overnight. Accounts approval are easy, though. Bitcoin and crypto very unfriendly.

3) HSBC Expat

HSBC Expat is a very big bank based in Jersey (Channel Islands). The bank is offering a multi currency account (EUR; USD; GBP): you need to deposit at least 60000 GBP to get an account. Verification is not very easy: you need to talk and understand english well, they require a phone call to open an account with them. The fees are not expensive though.

4) Global Bank of Commerce

This bank based in Antigua and Barbuda is offering personal, commercial and private banking solutions. The account approval can be done online, of course, and it’s not very difficult. The bank lost the correspondence bank (it was Deutsche Bank) in 2017. The bank was involved in money laundering scandal in the last two decades. They are not happy to deal with bitcoin exchangers. We do not suggest to keep substantial amount of money with them.

5) Lloyds International

Not to be confused with the regular Lloyds bank, Lloyds international is based in the Channel islands and is serving international customers. Their platform is mostly based on phone banking: if you don’t like phone banking you are out of luck. The website is very well done. A good thing is that they accept SEPA payments (both outgoing and incoming). We don’t suggest to use them with bitcoin exchangers. Account opening need to be done by phone.

6) AfrAsia bank

AfrAsia bank is authorized by the Bank of Mauritius. They accept online applications. They often require for an introducer but sometimes this requirement can be waived. There are many complaints about this bank online: many are complaining about the very slow answers by their support team. On the other hand, with this bank you get the access to the Mauritius banking environment, which is (I think) much better than the Caribbean one. The Mauritius bank are also using the IBAN standard, so  you are lucky if you need to receive payments from Europe. They don’t support SEPA though. We suggest to get an account with MCB (Mauritius Commercial Bank) or SBM (State Bank of Mauritius): but if you cannot fly to Mauritius, you have the option to open an account with AfrasiaBank.

7) Caye Bank

Many consider Caye Bank the best bank in Belize, being Belize Bank International the other option. Of course, banking in Belize is a poor experience at least: you are lucky if you will get your money in a 10 years timeframe, considering the past Belizean banks fiasco. Caye bank seems very very outdated from an European or Asian point of view: it seems crazy but you still need to send a fax with a word password to get your bank wires executed (if their correspondence banks are working). In fact, Caye bank was without correspondence banks for almost 10 months and their clients were trapped in the bank without the possibility to wire their funds for several months. We do not suggest to bank with them unless you are almost desperate. On the other hand, they are honest and they try to do their best with all the problem caused by the correspondence banks and international compliance.

8) Cayman National Bank

Probably Gordon Gekko was banking in Cayman National Bank (bank was founded in 1974), so it must be good? There are not many complaints concerning this bank online, however it’s not a bank that the usual digital marketer or bitcoin trader is using. The account opening is a very long process with tons of notarized documents to be provided, bank references, professional references: it can be annoying. If you want to open the account remotely, you must be really curious to bank with them. They are reliable in a decent way being in business since 1974. We suggest, though, a visit in their branch if you want to speed up the opening process.

9) Ameria Bank

Armenian bank founded in 1910, headquarters in Yerevan. The bank offers remote opening by sending notarized documents. They accept international customers.

10) ArmSwissBank

Despite the name, this bank has nothing to do with Switzerland. ArmSwissBank is another Armenian bank. It’s a new bank, founded in 2005. Headquarters in Yerevan. They focus on private banking. Despite the word private banking, their fees are pretty cheap and their requirement are easy sustainable. Bear in mind that sending and receiving bank wires from Armenia can rise much more than a red flag, that’s the bad side. We cannot tell about the security of the funds stored here: we cannot suggest to hold a huge amount of assets for obvious reasons.

Posted in Guide: offshore banks that can be opened remotely | Tagged banks accepting online application, how to open offshore account remotely, list of the banks that can be opened online, offshore banks opened remotely, online bank account opening list, open offshore account online, open offshore bank account at home, open offshore bank online list, remote opening offshore banking list | Leave a Reply

Recent Posts

  • Reviews about B2C2 OTC Ltd – b2c2.com
  • Reviews about Cashgold – cashgold.me
  • Reviews about Circle Trade – circle.com
  • Reviews about Kraken OTC Services – kraken.com
  • Reviews about itBit – itbit.com

Recent Comments

  • Nikolas on Reviews about Cashgold – cashgold.me
  • Admin on Reviews about Genesis Trading – Genesistrading.com
  • Alphonse H. on Best Bitcoin & Crypto OTC Brokers and Exchangers
  • Marina on Reviews about Genesis Trading – Genesistrading.com
  • Sébastien Lefèvre on Best Bitcoin & Crypto OTC Brokers and Exchangers

Categories

  • Guide: Best banks for cashing out cryptocurrencies
  • Guide: Best Bitcoin OTC Brokers
  • Guide: cash out large amounts of crypto into banks
  • Guide: offshore banks that can be opened remotely
  • Reviews about B2C2
  • Reviews about Cashgold OTC Crypto Exchanger
  • Reviews about Circle Trade
  • Reviews about Cumberland Mining
  • Reviews about Genesis Trading
  • Reviews about itBit
  • Reviews about Kraken OTC Services
Privacy Policy Proudly powered by WordPress
This website uses cookies. Ok
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT