I am looking for a compressive research report on how to open an international bank that can operate in the countries listed below.
-All of the EU
To get an idea of what I am looking for watch this World First video. We will be doing almost identical service business. Look through the site to understand what information I will be needing.
Essentially this is for Online Businesses in the US that have businesses in the the UK on Amazon for example. When payment need to be transferred internationally from Amazon UK the funds would get deposited into a local UK account then the funds would be transferred to the client in the USA from the local UK account. Doing this is lower cost than transferring from Amazon UK directly to the client.
Some points to consider in your research are:
- What is needed to form a basic bank in the USA from the ground up.
- How to apply to become a registered bank each country (I can imagine that each country is a little different)
- Compliance (What does each country require to stay in compliance with the local law)
- Background information on the international Banking industry as a whole, rate of growth, Countries of most activity.
- Current Opportunities to focus in on. (Amazon UK for example)
- Up to date current information that would apply to the formation of a bank in the next 6 months.
- Please take the time to organize the research in a logical step by step action plan. I need a map to go step by step
Also if creating a bank is to cumbersome - Please provide some alternative suggestions that would facilitate international banking with other banking entity partners.
If you specialize in one country please still apply to this job your knowledge is valuable.
Happy to speak with you if you need more clarity on this assignment.