Apr 19, 2017

A Corporate Account With A Croatian Bank That Has A Low Minimum Deposit Requirement And Accounts In Multiple Currencies.

A lot of people will fail when they attempt to open a non resident corporate account in this Croatian bank on their own. With all of our experience at the Offshore Pro Group we can make sure that your new account is opened. Choosing this Croatian bank makes sense because:

  • Deposit minimum is small
  • Your account opened remotely eliminating the requirement for travel
  • Multiple currency accounts
  • The EU Deposit Guarantee Scheme
  • Availability of term deposits
  • Trading and investment opportunities
  • Secure and efficient Internet banking

Take action now and send us an email to [email protected] so that you will have the benefit of our experience and advice in opening your new international corporate account with this Croatia bank. It is strongly recommended that you read the details on this page and then respond to us with full answers to the questionnaire at the end Free Guidance And Tips On Making The Right Choice Of Offshore Bank Account.

Croatia As a Jurisdiction For Your Corporate Account

Croatia, which is officially named the Republic of Croatia, is in South-eastern Europe near to Central Europe and the Mediterranean Sea. Croatia is governed by a parliamentary system and the International Monetary Fund (IMF) has classified the country as an emerging and developing nation. Croatia’s population is approximately 4.3 million people.

The Croatian economy has a high dominance in the service sector and other important sectors are industries and agriculture. The country has been listed by the World Bank as a high income country and Croatia is both politically and socially stable. In 2013 Croatia became an official member state of the European Union (EU) and the national currency is the Kuna and which is now pegged to the Euro.

The financial industry in Croatia has two regulators which are the Croatian Financial Services Supervisory Agency and the Croatian National Bank. Banking regulations are supervised by the Croatia National Bank, and regulations that are very prudent are in place and monitored closely. Various levels of risk management also exist and these are to ensure the financial stability of Croatia.

Since the 1990’s Croatia has been changing the banking regulations in order to comply with international banking standards and they have achieved this over the years. Some of the measures that the banks have to comply with are liquidity ratios, capital adequacy standards, limits on large credit exposures, asset restrictions, regular reporting and disclosure and systems in place for risk management. To ensure that banks adhere to this, the Croatian National Bank has strong surveillance and enforcement powers.

The measures are still evolving and have been very successful to date. The regulator is ruthless in its pursuit of these measures as it wants Croatia to be considered an attractive jurisdiction for international banking. All of the above makes Croatia a jurisdiction of choice when it comes to the safeguarding, diversification and enhancement of your assets.

The Deposit Guarantee Scheme has now been implemented by Croatia as it is a European Union (EU) member state. This scheme aims to provide coverage for investor’s bank deposits protection. With all of the strict regulations in place it is highly unlikely that a bank in Croatia would go into default, but if this were to occur and the bank could not meet the payable requirements of its clients, then the scheme will  guarantee up to 100,000 Euros (EUR) in cover for client deposits. You can find out more about the Deposit Guarantee Scheme from your professional international banking consultant at the Offshore Pro Group.

The Croatian Bank For Your Corporate Account

Founded in 2001, this bank is able to provide international banking services to non residents of Croatia. The bank exudes the classical tradition of the banking sector in Croatia and there is also an influence from Switzerland because the biggest shareholder in this bank is a Swiss bank.

The bank’s employees can communicate in Italian, Russian, Croatian and English fluently and this makes it easy for international clients. The bank personnel are all highly trained and experienced and they are motivated, friendly and competent and their aim will be to provide help to you for all your banking requirements as fast as possible.

It is a very stable bank that is adaptive to the many changes in the international banking industry as well as the home market. The bank is truly focussed on the requirements of each and every client that it serves. The bank staff will want to fully understand your business and financial objectives so that they can provide the right services to you. The bank has a mission to provide the highest quality and the quickest banking services and to establish long term relationships with all of its clients.

The bank can offer you a comprehensive range of appealing financial and banking products. Professional staff will be on hand to provide expert investment advice and propose investment strategies that will give you the returns that you seek. There will also be the opportunity to arrange term deposits, open a web trader account and other brokerage accounts.

Services Provided By This Croatian Bank For Your Business And Asset Protection And Growth

This bank will allow you to open a non resident corporate account remotely, which means that there is no requirement for you to visit Croatia and meet with bank representatives. As soon as you corporate account has been opened you will be able to take advantage of the wide range of financial products that this bank has on offer.

Your corporate account can be a multi currency account which will be with US Dollars (USD), British Pounds Sterling (GBP), Euros (EUR), Swiss Franc (CHF), Russian Rouble (RUB), Japanese Yen (JPY), Croatian Kuna and additional major world currencies.

Online bank transfers to anywhere in the world will be possible once your multi currency account is established. You will also be able to receive payments in all major currencies and these can be easily converted. The arrangement of permanent payment orders will be possible and so will the arrangement of term deposits.

If you are interested in term deposits then you will require a minimum investment of 2,000 Euros (EUR) or 2,000 US Dollars (USD), or 2,000 Swiss Francs. The interest rates are very competitive and the term deposits will provide a safe return on your investment. Term deposits range from one month to over thirty six months. If you want to have the interest paid into your corporate account then this can be set up or you can ask the bank to put a different arrangement in place.

This bank has licensed investment advisors who can arrange an individual consultation with you. The advisors are highly professional and they will want to discuss your investments at length. They will want to know what your financial aspirations are as well as your risk appetite.  A financial instruments portfolio will then be recommended to you.

Portfolio management services are on offer from the bank and this will involve the financial advisors discussing your entire investment strategy. It is possible that you will be looking to increase the value of your assets or maybe you are looking to preserve your assets in the long term.

A Cirrus Maestro business debit card can be made available to you from the bank. This means that your funds will be available to you 24/7 and you will be able to make cash withdrawals at ATM’s and pay for goods and services at outlets and pay points that accept Maestro. This is a reliable way to pay for products and services and eliminates the risk of using cash. The cards have chip technology enabled for increased security.

Accessing your corporate account from anywhere and at any time is made easy by the free and secure online banking service supplied by the bank. With this e-banking service you can check your account transactions and balance, Using this service you can check your balance and your transactions, set up permanent orders and save the templates, buy and sell foreign currencies  and transfer money immediately to anywhere in the world.

At this Croatian bank you will only need to make an initial minimum deposit of 500 Euros (EUR) into your new corporate account. To maintain your account balance you must constantly have just 15 Euros (EUR) in your account. Other competing non resident banks would insist on a much higher initial deposit, as well as a higher account balance requirement so this is a major benefit.

Transaction and account charges that this Croatian bank levies can alter on a regular basis, your professional consultant at the Offshore Pro Group can supply you with the most current list of fees.  We can help you to secure competitive fee payments, and if you would like our help with this then please tell us when you are completing your international bank selection form.

Important Note:

This bank will only open corporate accounts for businesses formed in Croatia. It will not accept offshore companies.

Please Follow This Simple Process To Open A Corporate Account With This Croatian Bank

So that we can be certain of your new non resident corporate account being opened with this bank in Croatia, please follow the action list below step by step:

  1. Send us an email to make contact first at [email protected] and we will then supply you with all of our knowledge and experience to open your new international corporate account with this Croatia bank. The next action is to fully absorb the information on this page and then answer the questionnaire fully The Right Way To Choose A Foreign Or International Bank Account.

If you only have just one international corporate account then there are risks that you will need to be aware of in today’s world. It is strongly recommended that you give consideration to a second non resident corporate account this is why you must have a second international corporate account.

  1. We will provide our expert professional service to you so that you will be able to open a new non resident corporate account in Croatia with this bank, and we ask that you pay us a fee of 2999 EUR for our services. It is possible for you to pay via Money Gram, Web Money, Western Union, bank transfer, Bitcoin and certainly by credit cards.
  1. The following documentation to open a corporate account will need to be supplied:
  • Excerpt from the registry from the country where the headquarters are registered (the original should be in English (if it’s not in English then a certified translation). A copy of the excerpt is acceptable but it must be certified
  • The last balance sheet which has to be certified by a supervisory authority. If the client cannopt produce a balance sheet than an official statement to indicate that taxes have been paid is required. If the company is newly founded then the certificate of incorporation must be provided.
  • The original structure of ownership or a certified copy
  • Copies of passports of the owners, those that have power of attorney and those who are on the signature card

All of the above documents need to be sent to us at the Offshore Pro Group and then we will complete due diligence checks on them. Once the documentation is in order we will transfer them to the bank rapidly. There will then be a need to wait for approximately 10 working days so that your new non resident corporate account at the Croatian bank can be up and running for your use.

It is easy to get started with the application for your new international corporate account with this Croatia bank, send an email today to [email protected]