Correspondent bank account in 2022

pay fee by instalmentsbusiness setup without travelGuaranteed solutions

Our Clients’ request Healy Consultants Group to secure quality correspondent accounts through our extensive network of global correspondent banking network (click link);

  • Advantages of correspondent banking account

    correspondent account

    1. Decreased operational time for debiting/ crediting funds to and from Client accounts;
    2. Opening of quality nostro and loro (Vostro) accounts with standing credit lines;
    3. Enhanced network of peers in every continent;
    4. Foreign currency payment and under maintenance services are outsourced;
    5. Deposit and clearing services are optimized;
    6. Convenient reach to Cash Treasury clearing solutions;
    7. Easy check collection in a foreign country;
    8. Certification of documents in the correspondent bank office;
    9. Gained access to SEPA and US financial systems by nested accounts.
  • Healy Consultants Group fees

    Our fees for providing a corresponding banking service amount to US$7,950 and will be paid in three instalments as follows;

    • US$2,500 payable before our team submits quality applications to and negotiates with our preferred global banks. Our goal is to secure multiple preliminary written approvals from multiple banks;
    • An additional US$2,500 before we submit a formal correspondent bank account application to your preferred bank; and
    • US$2,950 to be settled with Healy Consultants, when the correspondent bank account number is provided to your Firm;

    Healy Consultants will refund our Client 50% of fees received if one of the following occurs:

    • Failure to secure preliminary written approval within 2 months;
    • Failure to secure a correspondent bank number within 4 months.

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  • The correspondent bank account opening process

    1. Healy Consultants Group and our Client agrees a detailed project plan (click link); then
    2. We agree correspondent account targets from our international correspondent banking partners;
    3. Healy Consultants Group completes our Client due diligence procedures, including compliance checks for AML and CFT;
    4. Each week, Healy Consultants Group supplies our Client a detailed engagement status update (click link), including a table of global banks contacted and their replies;
    5. Our Banking Team secures preliminary written approval from multiple global correspondent banks. Our Client authorises Healy Consultants Group to submit a formal application;
    6. Most of our Clients’ request multiple correspondent bank account solutions;
    7. Our Client and the correspondent bank complete a skype interview and multiple phone discussions;
    8. Healy Consultants Group timely supplies all due diligence the correspondent bank requires;
    9. After correspondent bank account approval, Healy Consultants Group assists our Client activate e-banking;
    10. We successfully complete the correspondent bank account opening engagement;

For international financial companies, Healy Consultants assists our Clients open a quality foreign correspondent bank account with established institutions in every jurisdiction of the world.

Contact us

For additional information on our correspondent banking services, please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Client Engagements Manager
  • Contact me!