Seychelles offshore bank account

Seychelles is a relatively new offshore jurisdiction offering the best in the current offshore legislation of the world, therefore making the destination a natural choice for an offshore banking account.

Seychelles, has a good working relationship with Barclays Bank Seychelles, a branch of the world-renowned international banking group of Barclays, with the choice of several other banks operating in Seychelles.

Most of the Banks in Seychelles offer offshore banking, specialising in international banking services and accounts for offshore companies.

To open a corporate account for an offshore company, all the reputable banks require detailed personal and business information from the owners and controllers of the offshore account.

Information required to open Seychelles bank account:

• Bank account application form
• Declaration of source of funds
• Countries of operation
• Expected annual turnover
• Frequency and size of annual payments into the account
• Beneficial owners
• Declaration regarding money laundering, drug trafficking or terrorist activities
• Type of account (corporate/personal)
• Type of company (i.e. Limited Companies, Companies, Clubs, Associations and Societies)
• Company name
• Name of Signatories and authority given to them to sign the agreement or enter into any business or transactions regarding the account
• Various indemnity covering transfer instructions and cheques payable abroad
• An agreement allowing the bank to get credit references about the person opening the account
• A signed agreement accepting the banks terms and conditions

There are no anonymous bank accounts in the Seychelles. All banks are required by law to know their clients’ personal information in comprehensive detail and there are no exceptions. Banking secrecy remains a fundamental cornerstone in all offshore financial centres. Confidential banking and personal information may only be divulged if demanded by a Seychelles court ruling; if information is divulged by anyone for any other reason, heavy financial or criminal penalties will be levied.

To open a bank account in the Seychelles, call or email us today.