Opening an offshore bank account in 2025 requires a rigorous set of documents to satisfy Know Your Customer (KYC) and Anti-Money Laundering (AML) standards.
Due to global tightening of financial regulations, offshore banks now apply strict onboarding standards. Clients must submit a comprehensive documentation package to pass compliance checks.
The essential documents include:
- A valid passport (certified true copy)
- Proof of address (e.g., utility bill or lease agreement, dated within 3 months)
- Source of wealth statement (inheritance, salary, business profits, etc.)
- Business incorporation documents (if the account is for a company)
- Bank references or financial statements Some banks also require in-person interviews or video verification calls. It’s important to ensure that all documents are translated into English and notarized if required. Working with a bank introduction agent or offshore consultant can streamline the process and help identify banks that are still onboarding international clients without residency requirements.
(Editors: admin)