Business and Corporate Bank Account Opening Assistance in Foreign Jurisdictions
When it comes to running or owning a business in a foreign country, all entrepreneurs and businessmen need to have a corporate or business bank account in that country of business operations. In simple terms, it is mandatory for foreign businesses to open a business or corporate bank account in the country in which their business is currently operating if they want a seamless and successful run for their business – there are no two ways about it!
However, opening and maintaining a business or corporate bank account in a foreign jurisdiction comes with its own set of challenges.
First and foremost, most foreign investors, business owners, and entrepreneurs are not privy to the local formalities that are required by bank authorities and officials in order to open their business bank accounts.
Secondly, the role of the bank becomes quite critical as it depends solely on their discretion as to whose application will get approved and which one will meet with rejection. Then there exists the hesitancy of local banks with foreign clients and business owners as opening their business accounts will automatically involve a lot of paperwork and documentation, keeping in mind all the guidelines of KYC and AML (Anti Money Laundering).
Last but not least, there is the barrier of language and access to information on local authorities and relationships with banks. Until and unless, a foreign investor understands the native language of the foreign country and has good relationships with the bank, it can be very difficult for them to have a business or corporate account.
So, what is the solution?
LTC Business Services is your one-stop international solution for all your corporate and business bank account opening needs in foreign jurisdictions.
If you already own a successful business in Germany, Switzerland, the United Kingdom, Georgia, or Poland or you are looking for a company to partner with that offers business bank account opening assistance in any of these countries, contact LTC Business Services today.
We have years of experience in handling business and corporate bank account opening needs of foreign clients and investors from all over the world. Our expertise lies in understanding the
exact needs of our clients and tailoring our bank account opening services to suit those specific needs.
We not just have the experience in handling multi-currency accounts that cover the major currencies of the world such as USD, EUR, GBP, CHF, etc but also have the proficiency in maintaining good professional relationships with all the major banks of countries like Germany, Switzerland, the United Kingdom, Georgia, and Poland.
Why Choose LTC Business Services as Your International Business Partner for Business and Corporate Bank Account Opening Assistance?
LTC Business Services have been helping a number of foreign clients, entrepreneurs, investors, business owners, and management teams who do not reside physically in the country their business is experiencing a successful run-in, with their business bank account opening needs.
If your business in a foreign jurisdiction has a registered VAT number, it got to have an active business account in that country. In addition to this, if your business caters to the local market of that country, you need a local bank account to receive payments from the people.
Therefore, in both cases, you need to have good relations with the local banks and have your business accounts in one or some of them in order to run a seamless operation.
But if you do not reside physically in that foreign country, you will not have all the information or the in-depth knowledge required to deal with bank authorities. And if you do not speak the language of the country, chances are you will find it extremely difficult to deal with authorities and bank personnel.
This is where LTC Business Services comes in for your assistance.
Our board of advisors and professionals speak a number of languages including English, German, Russian, Polish, and Ukrainian. So, with LTC Business Services on your side, the barrier of language gets easily diminished.
Our strong network has enabled us to provide quality services in Germany, Switzerland, the United Kingdom, Georgia, and Poland – not just this; because of our connections and knowledge of the industry, we can provide business and corporate bank account opening services in other foreign jurisdictions as well.
So, if you have a business in Poland, we can help you open an account in a local Polish bank. And if your Polish business has officers in Germany, Switzerland, the United Kingdom, Georgia, or Poland, we can help you with that as well.
We have good business dealings with all major banks operating in various jurisdictions and countries like Germany, Switzerland, the United Kingdom, Georgia, and Poland.
This professional relationship helps LTC Business Services a lot in getting its clients’ proposal approved by the bank, as in most cases there exists a lot of doubt from the bank’s end because of the various complexities of KYC and AML documents that are usually associated with foreign investors and businesses.
We understand your needs in your native language and offer you solutions in a language that you can comprehend. Therefore, with us, you will get the utmost honesty, transparency, and professionalism.
Contact LTC Business Services Today…
If you want a highly experienced, professional company that has the required expertise and in-depth knowledge of business and corporate bank account opening services in foreign jurisdictions, look no further than LTC Business Services.
For information on new business or corporate bank account opening services in Poland, please visit LTC Corporate Services today.