BUSINESS BANK ACCOUNT

OVERVIEW

Friendly to business entities and the fintech industry worldwide.

All onshore and offshore companies in any jurisdiction and Labuan offshore entities are welcome.

No initial deposits, no monthly maintenance fee, and no minimum account balance required.

Advanced Banking Technology Powered by Temenos.

BENEFITS

Existing companies incorporated in their own country can apply for a business bank account.

Full digital onboarding process. No physical visit to the bank is required.

24/7 online
banking
services.

Efficiently processes SWIFT wire transfers.

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No initial deposits for account opening.

Zero
monthly
maintenance
fee.

No minimum account balance is required.

Open a bank account online

ELIGIBILITY & REQUIREMENTS

Any individuals and legal entities from any country (subject to sanction list) except for Malaysian citizens and Malaysian registered entities.

All offshore companies in any jurisdiction. All legal entities registered in Labuan, Malaysia with offshore company status.

Sanction lists consist of (not limited to),

  • Ministry of Home
    Affairs (Malaysia)
  • United Nations Security
    Council Consolidated List
  • US Office of Foreign Assets
    Control (OFAC) sanctions list
  • EU Sanctions
    List

A one time sign up fee of USD2,000 via SWIFT wire transfer required upon completion of bank account assessment and approval.