Bancoli is available to solopreneurs and registered businesses in over 200 countries and territories.
Countries and territories where Bancoli cannot onboard clients
We cannot open an account if your business account address is located in the following jurisdictions:
Country / Territory |
|---|
Afghanistan |
Algeria |
Azerbaijan |
Bangladesh |
Belarus |
Burma (Myanmar) |
Burundi |
Central African Republic |
Cuba |
Democratic Republic of the Congo |
Egypt |
Eritrea |
Ethiopia |
Haiti |
Hungary |
Iran (Islamic Republic of) |
Iraq |
Kuwait |
Lebanon |
Libya |
Mali |
Nepal |
Nicaragua |
Niger |
North Korea |
Pakistan |
Palestine (Gaza Strip) |
Qatar |
Russian Federation |
Somalia |
South Sudan |
Sudan |
Venezuela |
West Bank (Palestinian Territory) |
Yemen |
Note for Registered Business Entities:
One of the most significant benefits of using Bancoli is that it is not a requirement for the beneficial owner to reside in the same country where the business is registered; however, we cannot open an account under any circumstances if the UBO resides in the following jurisdictions:
UBO Country / Territory of Tax Residence |
|---|
Burma (Myanmar) |
Cuba |
Iran (Islamic Republic of) |
North Korea |
Palestine (Gaza Strip and West Bank) |
US jurisdictions availability
Bancoli cannot currently support accounts with a business address located in Kentucky, New York, Rhode Island, Tennessee, Texas, Vermont, Virginia, or Puerto Rico. UBOs, however, are supported from all US states and territories.
Does this mean that I can open an account from almost anywhere?
Under your initiative, you are eligible to request an account based on the above listed rules. Please also note that content found on Bancoli.com does not, and should not be construed as an offer, invitation, or solicitation of services, and nothing on this website should be interpreted as a solicitation. Service availability may change based on regulatory requirements, provider availability, and Bancoli policy.