Can I open a bank account for my incorporated BVI company in the UK? Do I need to travel to BVI to open a bank account?

If you are living in the UK, BVI is not an ideal choice to register for a bank account unless you are physically living on the BVI. You need to travel to BVI and arrange a personal visit to the bank and a face-to-face meeting to comply with the strict Know Your Customer (KYC) requirement for opening a bank account in the BVI. Moreover, BVI has less than 10 banks that serve the entire territory which limits the option of choosing suitable banks for the customers.

For that reason, we highly recommend that you should open an offshore account in other jurisdictions which allows you to open and maintain your account without a face-to-face meeting and more available options to choose for your incorporated BVI company

One IBC has associated and established a strong relationship with reputable banks in other famous jurisdictions such as Singapore, Hong Kong, etc. We can select and support you to register and open a bank account for your BVI company from the UK without traveling to the bank.

Read more:

• Open BVI bank account
• British Virgin Islands offshore company