Whilst incorporating in Offshore jurisdictions has many potential benefits, with every passing day it is becoming increasingly harder to find banking, and thus – keep your business operational. In the beginning of 2018 you could find a bank agent to open a bank account for your offshore entity within minutes. As of 2019, a lot has changed, not only did the banks start declining new applicants, many banks shut down accounts for offshore entities. Even companies from atypical offshore jurisdictions, such as Cyprus and Malta, started receiving rejections and have had their banks accounts closed under “de-risking” policies.
In 2019, if you have bank account for your offshore business, you may consider yourself as ‘one of the lucky ones’. Here at Novasigma, we believe, that the amount of luck you get to have depends on your ability and willingness to act. Just as Eliyahu Goldratt said “Good luck is when opportunity meets preparation”. If you want to run your business successfully, you have to be prepared and plan several steps ahead at all times.
Over the many years of operating, Novasigma has been constantly developing a banking network and expertise which allows us to assist our clients with reliable banking for any type of offshore businesses. Novasigma is a very well know International Businesses Service Provider, therefore our reputation precedes us, which makes us a welcomed introducer in the eyes of financial institutions. Although the final decision to approve an account for a client rests with the bank themselves, with the right agent and guidance the application has a much higher chance of success.
Our banking network consists of reliable banks, with excellent service, as well as all of the modern and required facilities. Banking solutions come with online banking, credit and debit cards, allow bank confirmations, and some businesses even get an option of card processing for their business within the bank.
You can be sure that our banking options will satisfy your needs and our banking partners work with you, not against you.
Novasigma has banking solutions for all types of offshore companies, regardless of the incorporation jurisdiction, the type of business or origin of Owners and Directors. At all times, we maintain a certain amount of suitable banking solutions, to make sure we have something that suits our clients.
You are have an adult, forex or gambling business? We have a reliable long-term banking solution for you too.
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