Hello,
I just got informed that Barclays in the Seychelles rised the minum balance for corporate bank accounts to USD 100,000 and personal accounts to USD 50,000 this is much more than what I have in my account on a annual basis
Can anyone please suggest a new offshore bank which don't have these insane minum deposit amounts?
Here is what I got from Barclays Bank in the Seychelles:
Dear Esteemed Customer
Barclays Bank (Seychelles) Ltd a member of the Barclays Group has been pioneering in providing world class service to all our customers including those in the offshore sector. We continously strive to find ways to bring world class banking facilities to our customers.
As part of our continuous endeavour to improve customer service, we are introducing new minimum balance tresholds. These tresholds are being introduced to strengthen the personalised services we provide to you. Account non maintenance fees will also be revised.
The new minimum balance are as indicated below:
Personal Offshore accounts: USD 50,000 or equivalent
Corporate Offshore accounts: USD 100,000 or equivalent
For existing customers, these will be applicable from 01st October 2011 while for new customers; it is applicable with immediate effect,
Accordingly, with effect from 01st October 2011, a minimum balance debit fee of USD 100/ - per month will be charged on any accounts which fall below the minimum balance requirement.
In addition to the changes mentioned above, we are also reducing the time required to fund new accounts from 8 weeks to 4 weeks. We will be comelled to close any new account which remains unfundet at the end of the 4 week period from the date of opening.
We thank you for your understanding and continued support and we remain at your disposal for any support or clarification that you may require.
I have been forced to rewrite the letter I got since I can't copy/paste it therefore any typos goes on me
I just got informed that Barclays in the Seychelles rised the minum balance for corporate bank accounts to USD 100,000 and personal accounts to USD 50,000 this is much more than what I have in my account on a annual basis
Here is what I got from Barclays Bank in the Seychelles:
Dear Esteemed Customer
Barclays Bank (Seychelles) Ltd a member of the Barclays Group has been pioneering in providing world class service to all our customers including those in the offshore sector. We continously strive to find ways to bring world class banking facilities to our customers.
As part of our continuous endeavour to improve customer service, we are introducing new minimum balance tresholds. These tresholds are being introduced to strengthen the personalised services we provide to you. Account non maintenance fees will also be revised.
The new minimum balance are as indicated below:
Personal Offshore accounts: USD 50,000 or equivalent
Corporate Offshore accounts: USD 100,000 or equivalent
For existing customers, these will be applicable from 01st October 2011 while for new customers; it is applicable with immediate effect,
Accordingly, with effect from 01st October 2011, a minimum balance debit fee of USD 100/ - per month will be charged on any accounts which fall below the minimum balance requirement.
In addition to the changes mentioned above, we are also reducing the time required to fund new accounts from 8 weeks to 4 weeks. We will be comelled to close any new account which remains unfundet at the end of the 4 week period from the date of opening.
We thank you for your understanding and continued support and we remain at your disposal for any support or clarification that you may require.
I have been forced to rewrite the letter I got since I can't copy/paste it therefore any typos goes on me
