Bank for Holding’s Branches

[inector]

A holding company in Nevis opens a bank account for its branch in Singapore.

That way only SG branch has the account.

Would that bank also open an account for the holding?

I know it works other way around, but curious if it can work from branch to holding.

 

[happyjohn]

You may ask the bank who is the only that can answer the question. Sometimes you need to speak with your account manager at a bank you already work with and they can make things work which usually are disallowed.

 

[belarus]

Depends 100% on the bank if they believe what you try to do there.

 

[Forester]

You may ask the bank who is the only that can answer the question. Sometimes you need to speak with your account manager at a bank you already work with and they can make things work which usually are disallowed.

Depends 100% on the bank if they believe what you try to do there.

Exactly. Nothing to add.