Gibraltar corporate banking options in 2024

• After Gibraltar company formation, Healy Consultants Bank Account Opening Team prepares all documents to assist our Clients in the process. Then, our representative will deposit these documents at the bank. Healy Consultants fees to assist you in opening a corporate bank account is €4,950;
• Our Client deposits the minimum paid up share capital applicable to their company formation in Gibraltar and provides us with the bank statement and certificate of deposit, to be presented to the notary;
• Our firm liaises with the bank and will try to prevent our Client from having to travel for an interview with the bank authorities;
• Healy Consultants recommends international banks for most corporate bank account solutions. Favorably almost all of the banking institutions are either subsidiaries or branches to major UK or EEA institutions;

  International banks in Gibraltar
  Credit Suisse Limited
  Lloyds TSB International
  EFG Bank Gibraltar

• In addition to assisting our Clients form a company in Gibraltar, our experts can also successfully assist our Clients in accessing trade finance facilities in Gibraltar. Our services include i) bank guarantees ii) letters of credit iii) finance against trust receipt and iv) document against payment and against acceptance;
• Healy Consultants assists our Clients secure corporate finance after Gibraltar company formation. Our services include i) loans ii) overdrafts and iii) preferential credit terms;
• It takes up to three weeks to open a corporate bank account. There is no requirement for personal travel during the procedure;
• The corporate bank facilities in Gibraltar are stable according to Economist Intelligence Unit. These include internet and telephone banking, multicurrency services, checking accounts, savings accounts, debit and credit cards with high daily limits on cash withdrawal at ATMs worldwide, fixed term deposits and more;
• There are no foreign exchange controls in Gibraltar. Resident companies and individuals can hold bank accounts in any currency;
• Opening bank accounts with Gibraltar banks can be straightforward, even for high-risk Clients. It does take patience, efficient communication and providing documents in a timely manner to streamline the process;
• Banks in Gibraltar do not require our Clients to travel to Gibraltar to open the bank account. This can be achieved through a video call;
• Despite Gibraltar banks perceiving crypto-currency companies as high risk, Healy Consultants’ effective communication with the bank and provision of all documents in a timely manner makes the process easier;
• For crypto-currency and other high-risk business activities, Gibraltar banks apply enhanced due diligence and KYC procedures. For example, it is likely the bank will ask for proof of source of funding;
• As a result of the above, bank account opening can take several months for high risk businesses.