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Bank Account Seychelles: The Ideal Way to Save Your Wealth

Author: Bobby Brantley
by Bobby Brantley
Posted: Jul 01, 2017

An offshore bank account as part of an overall asset protection strategy can be ideal if you want to protect your wealth from malicious third parties that may want to get their hands on those assets It is legal to have an offshore bank account, since you have every right to protect your own wealth and assets. Having an offshore bank account doesn’t necessarily mean that you are engaging in illegal activities or tax evasion. Seychelles is one of the countries where you can get started if you are interested in keeping some of your assets offshore. With a bank account in Seychelles, you can minimise your political risk, protect your wealth in a country that has better banks and banking systems, and safeguard your assets.

Anyone can open a bank account in Seychelles, but keep in mind that all banks have the right to refuse customers. For example, a bank may reject a politically exposed individual if it believes that the person will cause a reputation risk to it. A bank may refuse you if it becomes suspicious of the sources for your funds. This way, banks are able to deter illegal activities and financial transactions.

It should be easy to open a bank account in Seychelles if you work with a reputable and licensed specialist who is qualified to help individuals and businesses set up offshore trusts and companies, as well as assist in wealth protection and investment. Make sure that you are working with a company that is regulated and licensed by the Financial Services Authority, and that they are trusted by hundreds of clients and intermediaries around the world. With their help, you should be able to open an offshore bank account in Seychelles smoothly. They can help you manage your account and monitor transactions in it, too. Services can be tailored to your unique needs, so they can easily be scaled to your growing requirements or business.

You do not usually have to personally travel to Seychelles to open an offshore bank account. You can open one from your home country. However, the bank will still verify your identity based on legal documents, like your passport and your residential address (which must be confirmed). The process can go smoothly if you ask help from a licensed company that deals with offshore company formation and bank accounts in Seychelles.

About the Company:Sterling is a leading licensed and regulated corporate, trust, fiduciary and fund services provider delivering specialised solutions for a global clientele of international corporations, institutional investors, high net worth individuals and families as well as their intermediaries. Whether an end user of our services or an intermediary, Sterling provides an efficient, personalized approach to ensure smooth, efficient delivery of services that meets the requirements of each client.

About the Author

Sterling is a leading licensed and regulated corporate, trust, fiduciary and fund services provider delivering specialised solutions for a global clientele of international corporations.

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Author: Bobby Brantley

Bobby Brantley

Member since: Nov 18, 2015
Published articles: 34

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