IMPORTANT: This specific service is no longer available. However, we can help you open a bank account in Puerto Rico. Contact us to learn more.
We offer to open a personal bank account in Puerto Rico that will give you access to US dollars and the American banking system. The account opening procedure is fully completed online.
Your Personal Account in US Dollars in Puerto Rico
Today, it is not easy to open a reliable bank account in US dollars. Popular European banks rarely allow this; in addition, the banking infrastructure is not as conducive for those operating in dollars.
But, to help, you may consider a solution from Puerto Rico.
A private independent bank fully integrated into the US banking system (with its own account with the Federal Reserve) allows you to open a dollar account, and do it fully online.
It is possible to arrange a personal visit or make an appointment with a representative in third countries.
The bank is open to new customers; however, it adheres to conservative assessment policies when deciding to open an account. It works with individual clients and companies, with the exception of offshore companies.
The bank refuses to work with cryptocurrencies, giving preference to classical business: trade, services, and IT.
Currencies in which you can open an account: USD, EUR, GBP. Transfers are made via SWIFT, SEPA, and Fedwire.
If you are also interested in getting the bank’s debit/credit card, please contact us at info@qwealthreport.com.
Accounts are managed through the online Internet banking system, which offers such functions as status monitoring, money transfers, statement management, etc.
Discuss the details with an expert
Check the list of required documents, and get the details of the process, terms, and costs.
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Documents Required to Open a Personal Bank Account in Puerto Rico Online
- A filled-out application form
- A filled-out form on the origin of funds
- The applicant’s passport
- A utility bill no older than 90 days as proof of the address of residence
You will need to indicate personal information, such as the purpose of opening the bank account, the expected sources of funds, and the expected fields where the funds will be spent. In the form on the origin of funds, you are required to indicate where the funds come from (salary, inheritance, selling a company, etc.), and provide documents confirming this fact.
The documents must be translated into English and notarized. For documents issued in English or Spanish, there is no need for notarization. In most cases, an apostille is not required.
The procedure is carried out filly online: the documents are submitted in the form of digital coloured notarized copies.
The Bank has the right to request additional documents. Also, the bank in Puerto Rico, like any other bank, has the right to reject your application without giving reasons. However, this happens after a detailed analysis of all the necessary documents submitted by the applicant.
If the bank confirms its agreement to open an account for you at the pre-approval stage, you are already 99% successful.
Fees for Opening and Servicing a Personal Account Online
The service of customer representation, case management, and preparation for opening a personal account in Puerto Rico – 2999 EUR.
The bank’s fee for opening an account is 1250 USD.
Minimal deposit: 10,000 USD.
Monthly services:125 USD.
Commission for interbank SWIFT transfer: 55 USD.
Step-by-Step Procedure for Opening a Private Bank Account in Puerto Rico Online:
Ask the experts on our portal for advice and assistance.
Answer the questions so that our experts can make sure it is possible to provide the requested services in full.
Pay for the service of assistance in opening an account online – 2999 EUR. Contact us, and we will provide payment details in any convenient format. We accept payments in cryptocurrency.
Provide a complete set of documents. Our experts will carefully check them before sending them to the bank. They will note the possible errors or inaccuracies and suggest corrections to increase the chances of approval.
The bank reviews your application.
In case of a positive decision, the bank opens an account, and you transfer the minimum deposit and can then start using the account.
To find out how to open a personal account online, please contact us at: info@qwealthreport.com.
We recommend that you sign up for a FREE consultation on selecting an account. The expert will analyze your situation and your goals and suggest the most appropriate solution. Maybe it will be a bank in Puerto Rico, or maybe not. We are determined to look for the most effective tools for you and your business.
