All offshore banks have some requirements that you must fulfill before you can open an offshore bank account. The exact requirements vary from bank to bank, but the following things are amongst the most common offshore bank requirements.

First off all, offshore banks require documentation of your name and address. This documentation will often be in the form of a copy of your passport and official confirmations of your address. It may also be necessary for you to provide information about previous addresses.

Depending on the offshore bank, it may also be required that you are not a resident of specific, most often politically unstable, countries. Offshore banking may have this rule to avoid dictator accounts, but most likely the rule is simply there to ensure that all offshore banking loans are paid back.

Some offshore banks also require a minimum amount of money on your offshore bank account. The size of such a minimum amount varies, but it could easily be e.g. $5,000. Other, especially smaller, offshore banks does not require any minimum amount of money on your offshore bank account.

An offshore bank will normally not require a minimum amount of money during your first three months with an offshore bank account. After three months, some offshore banks will demand a minimum amount of money as described above.