+38-050-362-46-40, +38-097-146-40-00
ao.diplomat@gmail.com
Instagram
Opening accounts abroad
Do you need expert advice?
Contact us
call
order a consultation
Why might a Ukrainian need to open an account in a foreign bank?
Opening an account in a foreign bank is a step that will not only expand financial opportunities, but also ensure financial stability and security. Having an account in a foreign bank opens up many opportunities, and here are some of them:
  • Payment for purchases, cash withdrawals abroad: With an existing foreign bank account, you can make cashless payments and cash withdrawals in your country of residence or while traveling abroad;
  • Invest in real estate or business: By opening an account in a foreign bank, you have the opportunity to conveniently manage your finances for investing in real estate, business development, or purchasing securities on international markets.
  • Earning income from business activities: A foreign bank can be a convenient tool for managing the finances of your international business, allowing you to effectively keep records of income and expenses.
  • Receiving wages, stipends and other deductions abroad: Opening an account in a foreign bank makes it possible to freely receive financial transfers from foreign sources, including wages for work or university scholarships, which many Ukrainians receive outside the country;
  • Receiving wages, stipends and other deductions abroad: Opening an account in a foreign bank makes it possible to freely receive financial transfers from foreign sources, including wages for work or university scholarships, which many Ukrainians receive outside the country;
Advantages of opening an account abroad:
access to international business markets

making convenient mutual settlements with counterparties and clients

reliability of foreign banks and a high level of asset protection

minimization of economic risks associated with political instability of the country of residence

receiving high-quality international or European banking services

there are many opportunities to open a multi-currency account

security, guarantee and insurance of deposits

How do we work when opening a bank account abroad for our clients?
Working with our experts when opening a bank account abroad begins with a detailed consultation, and the entire process includes:
  • Determining the purpose of opening an account abroad (to receive payments for services, to purchase real estate, etc.).
  • Consulting on the advantages and disadvantages of an account abroad, as well as the obligations it imposes (whether it is necessary to declare in Ukraine, what are the restrictions on actions with the account).
  • Help with choosing a foreign bank/payment system, if the client has already decided on the jurisdiction himself.
  • Preparation of a complete package of documents, including documents regarding the source of funds and the «history» of the source of funds.
  • Assistance with translation, notarization and apostillation of documents for the bank (expenses borne by the client).
  • Filling out bank forms.
  • Communication with the bank.
  • Support of compliance and client identification procedures at the bank (in case of video conference) or organization of a personal meeting with the banker, preparatory work before the meeting.
ACCOUNT OPENING
Opening an account in Switzerland
from 790 EUR
  • opening period — up to 2 months
  • Credit Suisse Bank, EFG Bank, UBS Bank, etc.
  • Switzerland’s banks have global importance and reputation
  • a cost-effective solution would be to open an account in Switzerland for investment and savings purposes
Open an account in Serbia
from 1199 EUR
  • opening period — up to 1 month
  • API Bank and others.
  • it is possible to open an account in Serbian banks for non-residents
  • the possibility of opening an account remotely
Opening an account in OAE
from 799 EUR
  • opening period — up to 1 month
  • Emirates Islamic, United Arab Bank, etc.
  • it is possible to open an offshore account for a company registered in a tax-free jurisdiction
  • all accounts have an international IBAN number
Opening an account in Cyprus
from 999 EUR
  • opening period — from 1 month
  • Bank of Cyprus, Hellenic Bank, etc.
  • banks work with SEPA, SWIFT transfers
  • allows non-residents to open accounts online
Opening an account in Montenegro
from 700 EUR
  • opening period — up to 20 days
  • Universal Capital Bank, Zapad Banka, etc.
  • the possibility of remote opening without a personal visit to the country
  • favorable interest rates on deposits in Europe
Open an account in the US
from 1299 EUR
  • opening period — up to 2 months
  • Bank of America, TD Bank, etc.
  • opening an account in a US bank opens up access to settlements around the world
  • the largest banking sector in the world
Opening an account in Bulgaria
from 2500 EUR
  • opening period — up to 8 days
  • DSK, UniCredit, DSK Bank (OTP Group) та ін.
  • simplified account opening procedure
  • with the right package of documents, the account can be opened in 1 day
Opening an account in Armenia
from 1199 EUR
  • the opening period is up to 2 weeks
  • AmeriaBank, Unibank, etc.
  • привабливі умови для відкриття корпоративних рахунків
  • support of major currencies of other countries
Opening an account in Poland
from 999 EUR
  • opening period — up to 10 days
  • AmeriaBank, Unibank, etc.
  • the possibility of opening both a corporate and a personal account
  • many benefits and simplifications for citizens of Ukraine
Opening an account in Georgia
from 799 EUR
  • the opening period is up to 10 days
  • Bank of Georgia, GSC Terabank, etc.
  • it is possible to open an offshore account for a company registered in a tax-free jurisdiction
  • all accounts have an international IBAN number
Opening an account in Latvia
from 799 EUR
  • opening period — up to 3 weeks
  • Baltic International Bank, Signet Bank, etc.
  • the most affordable rates for opening and maintaining accounts in the EU
  • banks work with SEPA, SWIFT, some and TARGET2 transfers
Opening an account in Singapore
from 1500 EUR
  • opening period — up to 1 month
  • VP Bank Asia and others
  • financial and economic stability
  • the most innovative banking technologies are used
Opening an account in Portugal
from 499 EUR
  • opening period — up to 15 days
  • Novo Banco SA, Millenium (BCP) Portugal, etc.
  • stability has been tested for years
  • the possibility of opening a business account without visiting the country
Opening an account in Turkey
from 350 EUR
  • opening period — up to 4 weeks
  • Yapi Kredi Bankasi, Turkiye Garanti Bankasi, Finans Bank, etc.
  • possibility of opening for non-residents
Opening an account in England
from 1350 EUR
  • opening period — up to 4 weeks
  • Citi Bank, Lloyds, etc.
  • offices of British banks can be found all over the world
  • a thorough check of each client is applied, which ensures an unshakable reputation and non-participation of banks in fraudulent schemesх
Opening an account in Monaco
from 2499 EUR
  • opening period — up to 2 months
  • Edmond de Rothschild and others.
  • Monaco’s banks are among the top 10 in terms of global service
  • it is possible to open an account online without visiting the country
Opening an account in Saint Lucia
from 450 EUR
  • the opening period is up to 3 weeks
  • HermesBank and others.
  • the account can be opened for a company incorporated in a tax-free jurisdiction
  • local banks are the best option for opening an offshore account for a company in a short period of time
Opening an account in China
from 7999 EUR
  • opening period — from 2 months
  • CZCB Bank and others.
  • account opening in CNY, USD, EUR and HKD and other currencies (AUD, CAD, GBP, HKD, JPY, KRW)
  • to open an account in Chinese yuan, it is necessary to rent a physical office in Hangzhou
SERVICES
All services
Protection of business and individuals
Tax disputes
Military disputes
All services
Protection of business and individuals
Tax disputes
Military disputes

Contact us

Dnipro, str. Vyacheslav Lipinsky, 12
+38-050-362-46-40
+38-097-146-40-00
+38-063-036-67-21 (Consultation appointment)
ao.diplomat@gmail.com
© Diplomat law firm 2024. All rights reserved.