Bank Licensing

What is the time period to obtain a bank license

Individuals and companies that wish to obtain a banking license are required to fulfill a number of requirements as stipulated by the jurisdiction’s regulatory body. As a result, the time period required to process the application and issue the banking license is dependent on the jurisdiction’s regulatory body…

Read more

What is a Class B banking license

When establishing an offshore bank, it is imperative to obtain the relevant banking license from the jurisdiction’s financial regulatory body. A class B banking license permits its holder to conduct financial activity with certain restrictions with regards to clients…

Read more

Can I acquire a bank license

Individuals and companies that want to acquire a banking license must fulfill the necessary criteria as outlined by the financial regulatory body of their chosen jurisdiction. There are a number of requirements, including minimum capital that needs to be satisfied before…

Read more

Why do I need a banking license

Individuals and companies that wish to engage in banking or financial activity are required to obtain a banking license from their chosen jurisdiction. A banking license enables the holder to specialize in a specific area of banking, ranging from private banking to retail banking; therefore it is imperative that you acquire the license before you conduct any finance related…

Read more

What is a class A banking License

Individuals and companies that wish to establish an offshore bank are required to obtain the relevant banking license from their desired jurisdiction’s financial regulatory body. A class A banking license enables the bank or financial institution to conduct financial activity with…

Read more

Why acquire a bank license

Individuals and companies that wish to conduct financial or banking activity within a certain jurisdiction are required to obtain the relevant license in order to proceed with the bank formation procedure. Failure to acquire a banking license disables the banking institution to establish itself as a legal and fully functional entity…

Read more

Which banking license do I need

Individuals and companies that wish to establish a bank are required to obtain a banking license from the financial regulatory body of the jurisdiction in which they want to form the bank. The type of banking license required is dependent on the purpose of the financial institution…

Read more

Obtaining a banking license

The procedure of obtaining a banking license is relatively complex; however it is the most important step in establishing an offshore bank. It is integral to seek the assistance of a professional consultancy firm to ensure you acquire the license in a timely manner…

Read more

Benefits of an offshore bank license

Individuals and companies who wish to form an offshore bank are required to obtain a bank license. The banking license is issued by the financial regulatory body of the chosen jurisdiction. If a bank fails to acquire a banking license, it cannot be established as a…

Read more

Who issues a bank license

Individuals and companies that wish to establish a bank or financial institution are required to obtain the necessary banking license. This financial or banking license is issued by the jurisdiction’s financial regulatory body. The process of obtaining a banking license…

Read more