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Looking for bank recommendation for non-EU resident

TheDabar

New member
Jun 5, 2017
10
9
3
34
Serbia
Hello everybody. I'm looking for a bank to use for my future offshore firm. I'm based in Serbia and I am planning on opening a IBC in Belize or Seychelles (to save on accounting expenses).
The trouble is that I can't find a suitable bank. I've sent a few emails to firms that do incorporation but they can't introduce me to many banks because of my place of residence (not EU).
My budget is somewhat limited since I forecast my gross to be something shy of 27k€/year (or at least that's been for the last few years). I considered Cyprus but I found only one firm that could introduce me to the BoC but the monthly fee is high (50€/mo) and I can't set up a merchant account (that's also crucial). Since I'm running a website where an average transaction of my items is around 50$/ their transaction fees would cripple my business.
In case someone has a good experience with a bank (as a non-EU resident) I would kindly ask for advice. Or if someone has a good experience with firms offer good packages please speak out. Just keep in mind that I'm also looking for a bank that does not have high starting capital requirements.
Thank you very much for your input!
 
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Hello everybody. I'm looking for a bank to use for my future offshore firm. I'm based in Serbia and I am planning on opening a IBC in Belize or Seychelles (to save on accounting expenses).
The trouble is that I can't find a suitable bank. I've sent a few emails to firms that do incorporation but they can't introduce me to many banks because of my place of residence (not EU).
My budget is somewhat limited since I forecast my gross to be something shy of 27k€/year (or at least that's been for the last few years). I considered Cyprus but I found only one firm that could introduce me to the BoC but the monthly fee is high (50€/mo) and I can't set up a merchant account (that's also crucial). Since I'm running a website where an average transaction of my items is around 50$/ their transaction fees would cripple my business.
In case someone has a good experience with a bank (as a non-EU resident) I would kindly ask for advice. Or if someone has a good experience with firms offer good packages please speak out. Just keep in mind that I'm also looking for a bank that does not have high starting capital requirements.
Thank you very much for your input!
Hello.
Kind of Business?
 
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Most of my buyers are from the US but most of my revenue comes from my Russian clients. Besides them UK and Germany are also very frequent. I don't do any business in Serbia, the market is just too bad, I've given up. I'm planning to expand to China in September but I've got to incorporate first.
Sorry, I should have mentioned it all in the first post.
 
  • Like
Reactions: Richmond
Most of my buyers are from the US but most of my revenue comes from my Russian clients. Besides them UK and Germany are also very frequent. I don't do any business in Serbia, the market is just too bad, I've given up. I'm planning to expand to China in September but I've got to incorporate first.
Sorry, I should have mentioned it all in the first post.

Try with an EMI account as Leupay.
 
You may look at some of the Russian banks or Cyprus banks to receive the money without to have troubles.