Bank acceptance is becoming a real issue with banks worldwide de-risking their clients for various reasons.
Complex structures, ultimate beneficial owner living in a high tax country, immaterial businesses or unusual business models: banks are now often rejecting the bank account opening or terminating existing relationships.
In front of this situation, we have developed a specific bank introduction service supported by a rigorous compliance process.
Our team will conduct an enhanced due diligence with the client collaboration, the Open-Source INTelligence (OSINT) and the support of AML databases.
This process is supervised by a Certified Anti-Money Laundering Specialist (CAMS). This very specific method allows us to open successfully bank accounts for our clients at TIER 1 banks.
Accoplus is not introducing clients to Fintech, with us a Hong Kong company will bank in Hong Kong and we will not suggest another jurisdiction as per a potential impact on the company tax residence but also on the company credibility.