13.9.2026, 22:40
I recently set up a small digital consulting LLC in Wyoming while living as an expat in Portugal. The legal side of setting up the company was completely painless, but getting a corporate banking relationship was an entirely different story. Every local European bank told me to go back to the US, while traditional American institutions insisted on an in-person visit to a physical branch in Cheyenne. That simply was not an option for me financially or logistically. A fellow founder on Twitter mentioned that getting an offshore bank account for LLC setups is getting harder, but recommended taking a look at Arival. I checked their terms at https://arival.com/ and decided to submit an application with my formation documents and utility bills. The review team asked quite a few follow-up questions about my client base and expected monthly turnover, which took about a week to wrap up. Once approved, I got working USD details that let me invoice clients cleanly through ACH and wire. The monthly fees are a bit higher than what you would pay at a giant high-street bank, but you are paying for remote onboarding and peace of mind. It solved my operational block completely. For those running US entities from abroad, what banking alternatives have worked out best for your setup?