Offshore Bank Accounts
Do I get a refund if I paid for the bank introduction, but the bank turned me down?
No. The bank account introduction fee does not guarantee a successful opening of the offshore bank account.
The success of an offshore bank account opening mainly depends on the particulars of the beneficial owner, his background and his business. This information is provided to the bank by the client himself, not by us. In essence, the bank will attempt to determine how safe and promising the potential client is for the bank, is it worth accepting as a client or is it only going to be trouble? On these considerations, banks do sometimes reject new account applications. Prior to bank introduction, the best we can do is provide an "educated guess", estimating the potential success or failure, based on our knowledge of similar earlier applications. The end decision, however, will always be with the bankers!