Open a Bank Account for Your Belize Company

Yes, banks generally require apostille or legalisation for corporate documents and notarisation for personal identification. We prepare and authenticate all documentation as part of our service.

Corporate documents are typically valid for up to 6 months. Certificates of Good Standing usually need to be issued within the last 30 to 90 days. We check the specific rules for your target bank before submission.

Initial reviews can often be conducted with scanned copies, but banks require certified originals or notarised copies for final account approval. We advise on document format expectations from the beginning.

Any documents not in the bank's accepted language will need certified translation. We coordinate professional translation services to ensure your application materials meet all language requirements.

Banks require disclosure of individuals owning 25% or more of the company. Passport copies, address proof, and an organisational chart or explanation of the ownership structure are standard.

Banks may inquire about economic substance, particularly if your company performs activities that fall under relevant substance requirements. Providing evidence of genuine operations can improve your chances of approval.

Yes, certain banks restrict account opening for activities they view as higher risk, including cryptocurrency, adult services, or unregulated financial products. We identify banks whose risk appetite aligns with your sector.

Keep your corporate filings current, respond to periodic bank reviews and requests for updated documentation, notify the bank of any material changes, and maintain compliance with any applicable reporting obligations.

Common charges include monthly account maintenance ($50–$500+), international transfer fees ($15–$50+ per transaction), sub-minimum balance fees, and FX conversion charges. We present fee details for each banking option.

Yes, most banks require corporate accounts to maintain minimum balances ranging from $5,000 to $500,000+. If the balance dips below the threshold, the bank may levy additional fees.

Most banks offer business debit cards, and credit card availability depends on the company's financial position and any guarantees offered. We advise on card options when presenting banking choices.

Most banks provide internet banking with features including balance enquiries, international transfers, beneficiary management, statement access, and in some cases mobile applications for on-the-go account management.

Banks may close accounts for compliance reasons, policy updates, or changes to your business. We advise keeping multiple banking relationships as a safeguard, and we can assist in sourcing an alternative account promptly.