Company formed in Seychelles but where to bank?

[GingerJ]

Hi Guys
I am new to all this, try and give as much detail as possible and if anyone can help that would be great!

So I have a UK company with one US customer who pays a large amount once a week. I have recently opened up a second company in the Seychelles and plan on ceasing trade with the UK company and having them pay the new company based in Seychelles, can you forsee this being an issue? I do own an unrelated business in the Uk which is ltd and pays taxes etc..

The company is now formed in the Seychelles but struggling with the banking side of it. I applied to Europacfic and since they dont accept USD I cant go with them. Can anyone recommend a bank that I should go with? Will they issue a debit card and will I be free to spend that in the Uk without too many questions?

Anything else you think I should be aware of? Would appreciate any help as I am very new to this.

 

[Mr Magoo]

you can try banks in Mauritius like ABC. Needless to say that in 2021 first figure out banking options before forming an offshore company.

 

[Fulton Abraham Sanchez]

Try Migom bank in Dominica. There is another bank in Antigua but it requires introduction.

 

[jakonda]

Try Migom bank in Dominica. There is another bank in Antigua but it requires introduction.

Have you ever worked with Migom bank?

 

[Kyriacos Zographos]

Have you ever worked with Migom bank?

i have in the past. You''ll probably get the service but i wouldn't advice keeping big amounts there

 

[jakonda]

i have in the past. You''ll probably get the service but i wouldn't advice keeping big amounts there

Well, I just did a quick (re)search and I came to the same conclusion. Maybe for smaller business operations and insignificat transactions they could be a viable solution but they look a little bit too "exotic" for me to keep money there.