Bank Accounts

Bank Accounts — Choosing a Country and a Bank, Account Opening

How to determine which is the best business bank accounts for an LLC? One should carefully look into all the possibilities to make a decision. To consider is the jurisdiction of the bank, the financial establishment and the types of bank accounts, since you may be provided with very different services.

What is exactly needed for your LLC? Bank accounts can serve many purposes. One might offer you advantageous fees. Another one will allow you to work in various currencies and help pay and get paid in other parts of the world. You can get provided with an IBAN number for international wires, with a SEPA number for European transfers. Some countries and banks offer more secrecy to their clients, may or may not issue debit/credit cards or provide payment mechanisms (merchant accounts) for online sales.

This is a strategic choice, and you should be aware of all the pros and cons of a specific jurisdiction and the financial establishments in there.

Banking — An increasingly strategic element for international business

Business is happening mostly remotely and online, after the Covid-19 pandemic hit the world. Financial institutions are competing fiercely to provide the best online bank accounts for companies.

Opportunities await there. Send and receive USD, EUR or JPY can help you ease up the payment process with partners on other continents. Providing an IBAN number to your clients will reassure them about your trustworthiness.

• If you are a game publisher, what are the best bank accounts for working with Playstore?
• Or you are a freelancer, and you are wondering what are the best bank accounts for working with Amazon?
• Maybe you are an app developer for iOS and then it makes sense to ask about the best bank accounts for working with Apple?

Getting a business account for high risk businesses is increasingly hard. Luckily, some financial services establishments and some countries are still willing to onboard high-risk industry companies as clients.

Bank account opening with LegalBison — Simple and secure 

Our team is opening bank accounts for business on all the continents and for any kind of firm. Our clients go from freelance writers to international investment funds.

There are many interesting alternatives to choose from, according to your company form, activity and location. The services may be tremendously different between two financial services providers. There is no room for approximation when we are talking about your company’s finances. Whatever your company activity, there may be a perfect fit for you. Whether you are looking for a bank account for a crypto company, a retail shop or a multinational investment firm, get in touch with our experts to assess the range of opportunities in front of you. Choosing the right place, with the suitable services, could help your company reach a new level, conquer new markets or simply start fresh. In all cases, a step toward growth.