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Business accounts: The 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

Personal account · Investment property · All country programs

FAQ

Can I open a bank account for a Bahamas company?
Formally yes, but banks screen hard: they want a clear line of business, real counterparties and a transparent ownership chain. Shell companies with no operations are refused regularly, including in their own jurisdiction of incorporation.
What is the minimum deposit for a corporate account in the Bahamas?
The sector is built around wealthy and institutional clients, so entry thresholds are high and vary by bank. For a small business the fees and balance requirements usually make no economic sense.
Do Bahamas companies need economic substance and reporting?
Yes. Economic substance requirements apply to several categories of activity, there is a beneficial ownership register, and filings are mandatory. The idea of a paper company with no obligations is a decade out of date.
Can I open a Bahamas account without visiting?
Sometimes, through a licensed intermediary with remote identification, but the bank can still insist on a meeting or a video call. Expect a much heavier document pack than at an ordinary retail bank.

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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