Why Ignoring Local Banking Norms Freezes Operations

Problem: International founders face banking delays due to missing documentation.

Solution: Understand KYC, foreign remittance, and repatriation rules.

Comparison:

  • Uninformed setup: blocked accounts.
  • Prepared onboarding: quick financial operations.

Actionable Recommendation: Consult a local banker to pre-validate your documentation before opening a corporate account.

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