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What Does the Future Hold for Banking?

What Does the Future Hold for Banking? The financial world is changing constantly as it adapts, adjusts and grows together with developments in technology and our ever-changing lifestyles. The banking industry is kept on its toes trying to keep up with the needs of its customers. We have reached the stage where almost everyone [...]

By | 2020-10-15T13:20:33+00:00 October 15th, 2020|Banking, blog, Fintech|0 Comments

All You Need to Know About Offshore Corporate Bank Accounts

Is it legal to have a bank account in another country? Yes, it is legal to bank in a country other than your country of residence, although depending on the jurisdictional there may be limitations. Even though it is legal it will require a complex onboarding process. Offshore banking is associated with corruption, tax [...]

By | 2020-05-31T12:41:00+00:00 March 5th, 2020|Banking, blog, Offshore|0 Comments

Business Bank Accounts for Online Businesses

Apply here for a Business Bank Account in Europe A common problem faced by businesses trying to open a corporate account for their online business is the simple fact that offshore banks may not understand your business operations or the online industry you are in. Foreign banks and financial service suppliers are faced [...]

By | 2020-06-14T08:30:31+00:00 February 11th, 2020|Banking, blog|0 Comments

Opening a Corporate Bank Account

Get Assistance with Opening a New Business Bank Account At GBO we have the experience and know-how to help companies identify the right bank and business account for them whether it is in Europe or internationally. Finding a bank, you can relate to is essential and a good relationship with your banker can be [...]

By | 2020-05-31T12:42:05+00:00 February 10th, 2020|Banking, blog|0 Comments

Choosing the Right Bank for your Business Bank Account

There are many different financial institutions and banks offering business bank accounts so choosing the right one for your company can be difficult. Each bank offers its own conditions, account types, fees and services. Some of the most important points to look out for include personalized service and fair bank fees and charges. Check [...]

By | 2020-05-31T12:42:16+00:00 February 10th, 2020|Banking, blog|0 Comments

Risks Faced by Banks in Today’s Financial Environment

In banking risks are defined as uncertainties and the possibility of future events exposing the bank to an unfavorable outcome and even endangering the bank's stake in the market. Many factors have changed in the financial industry over recent years and with these changes have come increasing risks. Significant changes have included the advent [...]

By | 2020-05-27T10:24:49+00:00 February 10th, 2020|Banking, blog|0 Comments

Everything you need to KNOW SEPA Transfers

SEPA (Single Euro Payments Area) transfers are a cross-border system for making EUR transfers within the SEPA area. SEPA transfers are similar to domestic transfers despite being possible between different countries within the SEPA area. The SEPA zone includes 28 EU countries as well as Switzerland, Norway, Iceland, Andorra, Liechtenstein, San Marino, Vatican City [...]

By | 2020-10-07T10:22:36+00:00 January 20th, 2020|Banking, blog|0 Comments

Opening a Corporate Bank Account in Europe

Apply here for a Business Bank Account in Europe All businesses need a corporate bank account in order to receive payments from customers; make payments to suppliers and track their finances. For online businesses it can be challenging to find a bank willing to take you on as a new client. Online businesses that [...]

By | 2020-08-05T12:58:59+00:00 January 20th, 2020|Banking, blog, Corporate, European Banks|0 Comments
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