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Business accounts: Jersey

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 · All country programs

FAQ

Who can open a corporate bank account in Jersey?
Mostly structures with a clear economic purpose: funds, holding companies and entities administered by licensed trust and company service providers. Banks want a real business, not an empty shell, and usually expect an introduction from a regulated intermediary.
Do I have to meet the economic substance rules in Jersey?
Yes, Jersey has substance legislation covering several activity types, requiring local management, people and expenditure on the island. Banks factor this in when they assess the structure.
Is there a minimum balance for a company account in Jersey?
Jersey banks focus on wealthy clients and sizeable structures, so entry thresholds and fees are higher than in ordinary retail markets. Exact numbers vary by bank and are revised regularly.
Will a Jersey bank take a BVI company?
Sometimes, if the structure is administered in Jersey, the beneficial owners are transparent and the source of capital is clear. A plain offshore shell with no substance is not a priority and refusals are frequent.

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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