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Old 04-11-2008   #17 (permalink)
panamaoffshorelegal
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Quote:
Originally Posted by werther View Post
I heard that Scotiabank has no online banking, is that true?
Quote:
Originally Posted by MRWOOHOO View Post
You are correct Panamaoffshorelegal, setting up the corporation as a bearer-share corp with it's associated bank account is the easy one that my attorney has already done. Setting up a personal is obviously more involved, dont you agree? Many good legal firms can do exactly what you mentioned your firm offers.
One caveat, you need to go through the corporation registration process before you can get a corporate bank account. This process does not apply for a personal account.

But once you have a corporation set up, assuming you used a reputable law firm, their stamp of approval and connections can make getting a corporate bank account much easier.

When someone just walks into the bank and wants a personal bank account it's up to them to prove they are good people... if they go through the corporation set up the lawyer is acting like a sponsor in a way because they must perform due diligence for all clients they do work for.
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