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Business account for BVI company

dvm

Active Member
Apr 14, 2018
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Dear experts, I own a BVI company, which I'm going to shut down soon. The company has the simplest structure - 1 owner, who is the only director at the same time. The company's activity is perfectly legal and does not require licensing - software development. Prior to closing the company I need to receive 1 final transfer from a European partner. Currently the company does not have any accounts. What would be the cheapest option for opening a business account for such a purpose? Any solution, which would allow to receive this transfer in the most efficient way fee-wise would do (epayments and transferwise are not an option, though).

Thank you.
 
I am also interested in hearing suggestions for BVI COmpany. Butterfield in Caymen declined as "our policy does not allow for Corporate Accounts to be established for persons without a local presence, or a commercial link to the Island" VP Bank, declined as the ultimate beneficiary (myself) is a US Resident.