Banking Business

The banking industry has grown in leaps and bounds in recent times, constantly disrupted by innovation and technology advancement. As a result, various banking hubs have emerged competing with the established financial centres. Valsen knows where it makes sense to establish your banking business.

The laws and regulations of various jurisdictions differ a lot and different jurisdiction can be more attractive than others, and therefore it is necessary to perform a due diligence analysis of the requirements of the business vis-à-vis the legalities of a domicile, before selecting the best location. This requires professional expertise, which Valsen guarantees.

We facilitate multi-jurisdictional licensing and structuring of all banking businesses permitting any of the following of the following activities:

  • Issuing of own deposit products
  • Current accounts for corporate and individual clients
  • Saving accounts
  • Fixed term deposit accounts
  • Set-up of mutual fund-like products
  • Issuing credit, debit or prepaid Mastercard / VISA Cards
  • Issuance of credit and loans
  • Daily liquidity accounts
  • Multi-Currency Accounts
  • Provision of global currencies
  • Asset management like products
  • Investment banking
  • Private banking and wealth management