Tuesday, 22 September 2009
Offshore banking in Cyprus
Cyprus Bank Account for your offshore company
Any company no matter where it is registered, or where it has it offices can open a bank account in Cyprus. The process is easy and straightforward (unlike some other countries) and is of course subject to international standards of due diligence.
No matter how small or large your business is, whether the turnover is large or small or in US dollars, Sterling, Yuan, and ‘milk-bottle tops’; there are many reasons why you should open a Cyprus bank account for your International Business Company (IBC) or offshore company.
Cash Flow, when you are a small business you will need to get the money from the sold products or service in your bank account as fast as possible to be able to re invest.
When you are a large corporation doing millions a month, you know all about the cash flow issues but you might not know how easy it is to optimize it with a Cyprus bank Account.
When you are doing business with customers all around the world and selling your services or products to them, you need them to pay as fast as you can get them to do it.
But what is the point getting people to pay fast and issue the SWIFT Transfer if the banks in between and also you existing bank takes ages to transfer funds from one bank account to another?
If you for instance live in Canada and your client is in the UK, it could take at several days for the funds to arrive; 5 days where the banks are holding funds that should be in your account earning interest or simply available for you to use in your business.
Whereas if you has a Cyprus bank account it will take less than 24 hours for the funds to be credited to your account!
It is essential for your business when you are conducting business with Europeans to make it as easy, cheap and fast as possible for all parties.
For more information see at http://yourbooks.com.cy/, Yourbooks Ltd is based in Cyprus and can obtain a bank account number for your business within 1 working day.
Any company no matter where it is registered, or where it has it offices can open a bank account in Cyprus. The process is easy and straightforward (unlike some other countries) and is of course subject to international standards of due diligence.
No matter how small or large your business is, whether the turnover is large or small or in US dollars, Sterling, Yuan, and ‘milk-bottle tops’; there are many reasons why you should open a Cyprus bank account for your International Business Company (IBC) or offshore company.
Cash Flow, when you are a small business you will need to get the money from the sold products or service in your bank account as fast as possible to be able to re invest.
When you are a large corporation doing millions a month, you know all about the cash flow issues but you might not know how easy it is to optimize it with a Cyprus bank Account.
When you are doing business with customers all around the world and selling your services or products to them, you need them to pay as fast as you can get them to do it.
But what is the point getting people to pay fast and issue the SWIFT Transfer if the banks in between and also you existing bank takes ages to transfer funds from one bank account to another?
If you for instance live in Canada and your client is in the UK, it could take at several days for the funds to arrive; 5 days where the banks are holding funds that should be in your account earning interest or simply available for you to use in your business.
Whereas if you has a Cyprus bank account it will take less than 24 hours for the funds to be credited to your account!
It is essential for your business when you are conducting business with Europeans to make it as easy, cheap and fast as possible for all parties.
For more information see at http://yourbooks.com.cy/, Yourbooks Ltd is based in Cyprus and can obtain a bank account number for your business within 1 working day.
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