There are numerous reasons why an e-commerce business owner may need to open a new merchant account in a hurry. You may have monthly processing caps on your current merchant account and you want a new account to avoid exceeding your limit. Perhaps you have a high demand from customers who want to purchase items in multiple currencies. Maybe you want to lower your chargeback ratio by distributing your sales among multiple merchant accounts.
Regardless of reason, Instabill can provide you with an offshore merchant account with super speedy offshore merchant boarding.
Provided by our latest offshore banking partner, you can now open an offshore merchant account in as little as 2-3 business days using our new (and fast!) merchant boarding service.
Instabill Merchant Account Underwriting
However, do no think that fast means that we cut corners. We still follow all of the same due diligence practices to ensure our merchants operate their businesses legally. Our Risk Compliance Team reviews your underwriting documents with the utmost attention. Some documents the Instabill Risk Compliance Team requires from offshore merchant account applicants include:
- Offshore Merchant Account Application
- Business and Marketing Plan
- Credit Card Processing History
- Legal Photo ID
- Résumé or CV
- Business & Personal Bank Statements
- Business & Personal Bank Reference Letters
- Proof of Domain Ownership
- Supplier’s Agreement (if applicable)
- Business License (if applicable)
How to Apply for Offshore Merchant Boarding with Instabill
Applying for an offshore merchant account with Instabill is easy! All you have to do is contact us online or call us at 1-800-318-2713 for your free merchant account application. Once we receive your application and underwriting documents, we will match your e-commerce business with the perfect acquiring bank and merchant account solution. Then we will send your application package off to the bank for super speedy offshore merchant boarding.
We will hear a response from the offshore acquiring bank within one to two business days, and then have you up and processing in just one more business day. Getting an offshore merchant account has never been so fast and easy! What are you waiting for? Apply today!