Can you open the account without having to visit the bank personally?
It depends on the bank's policy and the type of account you wish to open. Some banks may offer a remote account opening process, where you can open a bank account without visiting the bank in person. However, the process and requirements for remote account opening may vary depending on the bank and the type of account you wish to open.
Typically, you will need to provide all the necessary documents, such as a completed application form, incorporation documents, proof of address, and identification documents, via mail or online. The bank will then conduct a due diligence check on the company and its directors before opening the account.
It's worth noting that some banks may require the presence of a director or authorized signatory to visit the bank in Labuan for account opening. In addition, some banks may require to conduct a video call or a face-to-face interview with the applicants before opening the account. Therefore, it's best to check the bank's policy and requirements in advance to ensure that you have all the necessary information ready before applying.