Opening an Offshore Bank Account in Europe
Updated on Friday 20th July 2018
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Asset protection, increased investor privacy and even protection from political risk can be some of the reasons why investors decide to open an offshore bank account in Europe. This type of account will not only provide a flexible solution to asset management and protection but will also allow investors to benefit from certain advantages, according to the European country in which they decide to open an offshore bank account.
Our team of offshore company formation specialists highlights the main countries that offer stable banking solutions for foreign entrepreneurs.
European countries for offshore bank account registration
The following table includes four European countries that can be a good choice for foreign investors looking to open a bank account.
| Country | Details |
| Cyprus | Bank of Cyprus is the leading banking services provider in the country but investors also have other options for offshore banking here. |
| Malta | The country is a preferred location for investors looking to open an offshore company in Europe and it is also one that offers a number of options in terms of bank branches. |
| Germany | German banks are also in the international tops for safe banks and opening an account here can be advantageous, especially given the economic stability. |
| Switzerland | The country has a long-standing reputation as one of the top European locations for banking matters. |
Our team of offshore incorporation agents can give you more details about each of these jurisdictions.
Offshore banking in Europe
Many European countries offer a wide range of banking and financial services to their international customers. Some investors will naturally be drawn to internationally-famous European countries like Switzerland or Liechtenstein, known for being financial centers. However, it is worth exploring what other jurisdictions have to offer in terms of privacy and asset management.
Banks will require a set of personal documents for offshore bank account opening purposes. These include, but are not limited to, a valid passport, bank references and proof of address. The personal presence in the bank may not be required in all cases.
Please feel free to contact our offshore company formation agents for more details on opening a European offshore bank account.