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Services · Business accounts

Business accounts: Bahamas

An honest assessment before work starts, the quote is fixed in writing.

We assess your chances against your profile, prepare the compliance file, help you present your source of funds properly and handle communication with the bank until it decides. The final decision always rests with the bank, so no one can guarantee an opening - careful preparation simply improves the odds.

We quote the exact cost for this country after a short consultation: it depends on the bank and your residency. The quote is fixed in writing before work starts.

Fees

ServicePrice
Corporate account - opening assistanceon request

Prices are indicative and cover our work on a typical case. We confirm the exact quote in writing after a short call - you know the final number before we start. Government fees and bank tariffs are billed separately unless explicitly included.

See also

Company formation · Personal account · Investment property

FAQ

Can I open a company account in the Bahamas?
Yes, but the bar is high - banks serve international corporate and private clients and vet them thoroughly. Applications almost always go through a licensed local agent or lawyer. Companies with no real activity and no proven capital get declined.
Do Bahamas companies need economic substance?
Yes, the Bahamas has economic substance rules covering certain activities, with reporting obligations. Empty structures with no operations or management are now awkward both for the regulator and for the bank. That feeds straight into the account decision.
What does a Bahamian bank ask a company for?
Corporate documents and a certificate of good standing, the ownership chain down to the beneficial owner, a description of the business and its counterparties, expected turnover and the origin of the capital. Bank references and evidence of previous banking history are often required. The review takes weeks, not days.
Do I have to travel to the Bahamas to open a company account?
Many banks accept identification through a licensed agent, notarised documents or a video meeting. Others insist on meeting the beneficial owner face to face. Practice differs, so confirm before you submit anything.

Don’t want to figure this out alone?

We handle the whole process end to end: we assess your company's chances with specific banks, prepare the compliance file and give you honest timelines. Leave your details and a corporate banking expert will get back to you. The first consultation is free.

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