Irish Ltds frequently function as EU holding or billing entities for companies with real US revenue — SaaS businesses invoicing US customers in USD, EU holding companies sitting above a US operating subsidiary, or companies preparing a "flip" to a Delaware parent ahead of a US-led financing round. In every one of these cases, the Irish entity needs USD banking well before (or instead of) a US entity. Hollis & Co, through its Column N.A. partnership, opens USD accounts for Irish Ltds with same-to-next-business-day review, so treasury isn’t the bottleneck on your US strategy.
Entity Types
Review Time
Required Documents
Fees
Application fee
$50
Setup fee
$450
Annual fee
$400
Domestic wire
$20
SWIFT wire
$30
FX spread
+0.75%
Incoming wires
Free
The application fee is non-refundable. Annual maintenance fee waived if your account maintains an average daily balance of $250,000 or greater across the 365 days prior to your renewal date.