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If you would like to open a personal offshore bank account, please contact our office.
About the Bank
This bank is the largest Nevis bank. It offers a full range of banking and financial services to both domestic and international customers.
The bank was established in 1985. Its office is located in the capital, Charlestown.
Currently the bank has over $350 million in assets.
Banking Secrecy and Tax Treaties
Banking secrecy in Nevis is strictly enforced by law. Nevis authorities have no direct access to bank information. Court order is required to get such access.
Nevis has double tax treaties with Denmark, Norway, Sweden, Switzerland, UK and US.
Nevis has signed Tax Information Exchange Agreements (TIEA) with Aruba, Australia, Belgium, Canada, Denmark, Faroes, Finland, France, Germany, Greenland, Iceland, Liechtenstein, New Zealand, Netherlands, Netherlands Antilles, Norway, Portugal, Sweden and UK.
Required Corporate Documents
All required corporate documents are prepared and submitted to the bank by our Belize agent.
Required Personal Documents
The bank requires the following personal documents from each beneficial owners and authorized signatories:
Specimen Signature Card signed by the signatories must also be notarized.
Our clients, who use the bank introduction services are not required to visit the bank in person.
Client has to send his personal documents and completed and signed bank forms to our Nevis agent. The agent submits the application to the bank and monitors the account opening process.
The minimum amount required for the establishment of a current account is US$1,500. When the account is opened, a client receives an email from our company confirming account details.
The bank does not have a specific deadline for the initial deposit. However, our company recommends our clients to send their initial deposits within one month.
Upon receiving the initial deposit the bank makes the account active and ready for business.
A minimum balance of US$1,500 is required to be maintained at all time.
The bank offers advanced online banking including:
Clients have access to their accounts 24/7.
Debit and Credit Cards
Debit cards are not available.
The bank offers credit cards, such as Visa Classic, Visa Gold and Visa Business credit cards:
Credit Card Limit: depends on the security deposit.
Security Deposit: the amount equal to 150% of the credit card limit must be held in a secured US dollar bank account opened with the bank.
The bank usually opens a corporate account in one week after receiving completed application forms, corporate and personal documents and verification of clients personal documents and business information.
The bank opens accounts in USD, EUR, GBP and CAD.
Bank Account Fees:
Credit Card Fees:
Feedback of Our Clients
Our company introduces its clients to the bank and constantly monitors clients experience with the bank's services.
The bank's new client acceptance rate is around 95%. About 5% of applications are declined due to inability clients to provide required personal documents and references or explain their business activities to the bank.
Our clients, who use this bank have moderate level of satisfaction with bank's services. The bank could be slow with some requests.
Our company would recommend this bank only if you have a specific reason to open a bank account in Nevis. For example, if you form a company in Nevis and would like to open a bank account in Nevis.