Bank account assistance in Guernsey

Opening a business account for a Guernsey company is a compliance exercise as much as a banking one. The bank wants to know who owns the company, who controls it, what it will do and how money will move through it. A firm that assists prepares that file, speaks to the bank on your behalf and keeps the paperwork consistent with what the Registry holds. It cannot guarantee an outcome, because the bank decides.

Ask what the help includes, whether it is a checklist, introductions or a person who attends the onboarding, and which institutions the firm deals with in the island and elsewhere. Ask what happens when a bank refuses or asks for further evidence, and how the firm’s fee changes in that case.

Five firms on Accountanty offer bank account assistance in Guernsey: 4 corporate services providers and 1 accounting firm. Three are large networks, one is medium and one small. English is offered by 3, and 2 say they serve foreign clients. Family offices and pensions are the sectors named most, at 3 firms each. Because a firm usually forms the company first, read company formation in Guernsey and the Guernsey guide as well.

Firms offering bank account assistance in Guernsey

Praxis

Corporate services provider · International network

St Peter Port

  • Company formation
  • Accounting and bookkeeping
  • Payroll
  • +3 more
View profile of Praxis

Belasko

Corporate services provider · Medium-sized firm

St Peter Port

  • Company formation
  • Accounting and bookkeeping
  • Bank account assistance
  • +1 more
View profile of Belasko

Frequently asked questions

Will a firm get me a bank account?

It can prepare the application and speak to the bank, but it cannot promise an account. The bank makes the decision after its own checks.

What information does the bank usually ask for?

Who owns and controls the company, what it does, where its customers are and where its money comes from. A firm that formed the company already holds much of this.

Can I open the account without visiting Guernsey?

That depends on the bank. Ask the firm in advance whether remote onboarding is possible for your case or whether a visit or video meeting is expected.

Other services in Guernsey

Accountants by city in Guernsey

Setting up a company in Guernsey: the guide and every firm

General information, not legal or tax advice. Rules, rates and fees change: check them with the official sources linked on this page or with a qualified adviser before you act.