Corresponding Account for Offshore Banks

Corresponding banking thru a PR Bank This is the most accesible option to have access to a corresponding account system. Currently there is a FSP offering corresponding accounts for banks and financial institutions thru one of the largest banks in Europe with the following cost structure: 1. Annual fee 20,000 USD 2. 0.50% p/payment 3. Cost per wire: USD75 / EUR75 / GBP75 4. Price per swift: GBP50 5. Recall/Cancelation: GBP50 6. Setup Fee 50K USD