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How to open an account with an Australian bank to work with Bitcoin?

Not so long ago, just a few years ago, the word Bitcoin was not known. And now even children know about these digital coins. In fact, there is some limited amount of Bitcoins, that can be obtained, using computers, and the process of their extraction is called mining.

If you decide to start a business with Bitcoins in 2020, pay attention, that it is very popular. More and more companies work with cryptocurrency exchanges and offer their services. But in most countries, the legislation has not even begun to adapt to work with Bitcoins. That is why the legalization of such a business plan causes great difficulties.

Since the laws of Australia are adapted to almost the only activity with Bitcoins, the service of opening an account with an Australian bank for the legitimate provision of services for the purchase, exchange, sale of Bitcoins becomes more popular.

Before opening an account with an Australian bank, you need to:

  • register a company in Australia;
  • establish a company on offshore, for example, Belize, Seychelles or Nevis.

If you want to register a company in Australia, read the terms on our website. You can set up a company to work with Bitcoin, as well as for any other business.

If you are interested in registering a tax free offshore company, we will be able to open an account for business with an Australian bank, if an offshore company is opened in Belize, Seychelles or Nevis. In the offshore zone there is a tax-free status, companies open quickly enough. You can familiarize with more detailed information on our website or at representatives of our company.

In order to open an account in Australia, you need to know:

  • You can open an account for working with Bitcoin in Australia in 4 banks: Commonwealth Bank, NAB, Westpac or ANZ Bank.
  • To open an account you need 2-3 weeks.
  • When depositing money into account, all payments must be made in real currencies.
  • There is an option to open an account in Australia remotely and also with the personal presence of the beneficiary.

Our experts provide the opportunity to open a bank account in Australia from abroad. Ask for free advice and find out all the necessary details.

  • The information outlined in the article is actual at the time of its publication.
  • Please refer to our specialists for checking possible solutions for your business.
  • Still have any questions?

    Fill out the form or contact us as you find convenient. Our experts will help you resolve the issue.

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