Documents for openning a Bank Account overseas
There has been an increase in the number of people who apply for bank accounts in the foreign countries recently. With the many businesses growing and expanding rapidly, their presence overseas has necessitated new accounts in the host countries. It has become very popular for businesses to move abroad with their employees who will need to apply for accounts to be allowed to operate.
There are many documents that you may be asked for when applying for a bank account in a foreign country. A number of documents to prove your identity and security clearance certificates from your home country may be required of you. Company documentations and your pay slips or earnings may also be necessary.
Apostille on documents or Embassy legalization
With all the documents, the application may not be approved if the host country does not recognize the documents. To avoid this rejection, you will need to have an Apostille stamp and translation into the language of the country you plan to present documents in. Any country which is a member of the Hague convention will accept the attached documents if you provide an Apostille.
Many documents normally need an Apostille legislation for them to be approved in the foreign country. First, you need to confirm with the country that you want to apply for an account on the documents that you will need. This ensures that in case they require Apostille legislation, you will have time to arrange for it. In many countries, you may be asked to provide the following documents.
Certified copies of your passport
Birth certificate
Letter from your home country bank
Company documentation: by-laws, certificate of incorporation, etc.
Proof of Income (Pay slips)
Clearance letters from company accountants
This is just a sample list of documents that you can be asked to provide when applying for a foreign bank account. However, a confirmation list of your service bank may be required for you to establish fully the necessary documents and if you will an Apostille legislation.
Professional apostille services
Once you have confirmed that you need an Apostille legislation, you will need to contact a service provider to facilitate the processing. Professional document preparation services usually offer obtaining an Apostille, financial translation services that you will definitely need. From there you should be able to get all the necessary assistance and advice. When you are ready with the documents, the foreign bank will be able to open an account for you.
If you have any questions regarding your specific case, we’ll be glad to assist. Our professional translators and apostille New York specialists has a vast experience in document preparation of personal, fianancial and legal documents and will serve you the best.
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