Offshore Bank Accounts


If I use a nominee director, how can I control and operate the bank account?

Even if the company structure involves nominee directors, You can certainly have the signature in the offshore bank account, allowing You to control the banking transactions. The relationship between the beneficial owner and the nominee director is regulated by the standard Terms & Conditions of business and, if necessary, by a more specific client-manager agreement. Such agreement could determine, in particular the method of passing any instructions and information from the client to the manager and the fact that the account signatory shall never act on his own accord without express consent by the beneficial owner.