Practical help preparing a Bahamas banking application, including ownership, KYC, source-of-funds and business information.
A Bahamas banking application is easier when the ownership, business purpose and source of funds are explained clearly before the provider begins its review.
International structures and non-resident ownership can require detailed source-of-funds, beneficial-owner and business-purpose information before a bank will consider the relationship.
We check company or entity documents, ownership information, identity evidence and the proposed account use.
If something is missing or inconsistent, we explain what should be corrected or supported.
For an application in the Bahamas, the provider needs to identify the people who ultimately own or control the business, even where several companies are involved.
We can help prepare a straightforward ownership chart and organise supporting documents.
The bank can ask where the initial or expected money comes from and why it will pass through the account.
We help organise genuine evidence appropriate to the business and transaction profile.
We prepare a practical checklist and banking file before the provider is approached.
Coutts Consultants does not carry out the bank's own due diligence or approve accounts.
Coutts Consultants helps clients prepare a clear and complete Bahamas banking application before it reaches the provider.
Usually completed once the required information has been provided.
Ready when you are
Tell us what you are looking to achieve and we will help you identify the appropriate jurisdiction, structure or service.