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⍰ ASK Do normal banks offer bank accounts to offshore companies?

Yes, normal banks do offer bank accounts to offshore companies, but the availability of these accounts can vary depending on the jurisdiction and the bank. Some banks may have restrictions on the types of offshore companies they will do business with, or they may have restrictions on the types of services they will provide to offshore companies.

Additionally, some banks may require a higher level of due diligence and documentation when opening a bank account for an offshore company, due to the heightened regulatory scrutiny surrounding offshore companies.

If you are looking to open a bank account for an offshore company, it is recommended to research different banks and their policies, and to seek the advice of a financial advisor or corporate service provider to ensure that you are able to find a bank that meets your needs and requirements.
 

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