Now Open A Corporate Account With This Saint Vincent Investment Bank With A Very Low Minimum Deposit And Transaction Only Banking.
The professionals at the Offshore Pro Group can help you to establish a corporate account in Saint Vincent with the right bank which has the following advantages:
- Bank only provides transactions (no client asset speculation or loans)
- Accounts can be opened remotely – no visit requirement
- Minimum deposit low and balance requirement low
- Multiple currency accounts
- Accounts opened rapidly
- Good investment products range
- Internet banking service
- Bank cards
Send us an email today [email protected] so that you can start to receive the professional advice that you will need to successfully open a corporate account with this Saint Vincent bank. The next important thing to do is to read this page and then send us the answers to the questions The Right Advice To Select The Very Best Non Resident Bank Account.
Your Corporate Account In The Jurisdiction Of Saint Vincent
A Caribbean island, Saint Vincent and the Grenadines is more commonly known as just Saint Vincent. The country is situated 1600 South East of Miami and 100 miles from Barbados. The country uses common law for its legal system and is a parliamentary democracy. Saint Vincent is a member of the Caribbean Community (CARICOM), the United Nations and the Organisation of East Caribbean States (OECS). There are approximately 105,000 people resident in Saint Vincent.
The main industry in Saint Vincent is tourism and the economy of the country is stable. The GDP per capita is approximately $12,000 and the country has experienced a small GDP growth for a number of years. The official currency of Saint Vincent is the East Caribbean Dollar (XCD) which is pegged to the US Dollar and is a stable currency. Saint Vincent is socially and politically stable.
There have been a lot of recent changes to the Saint Vincent financial industry as the government was determined to enhance the reputation of the country as a top international banking jurisdiction. A new administration called the International Authorities for Financial Services was introduced with the responsibility of controlling the offshore banking industry. More stringent regulations and systems have been successfully introduced and this helped to eradicate money laundering problems in the banks.
When you open a corporate account in Saint Vincent your account will be protected by their privacy laws. Other jurisdictions do not have the same kind of laws and will often provide details of your account to outside agencies without going through legal channels. The banks in Saint Vincent are bound by law not to do this and will only pass on details if a court order is in place.
A stable economy, political and social stability, a stable currency and all of the recent financial industry changes in the country make Saint Vincent an attractive Jurisdiction for the protection, diversification and enhancement of your assets.
Protect Your Assets In This Private Bank In Saint Vincent
This aim of this bank is to provide its clients with the highest quality international banking service. They will also provide their expertise to you and develop investment strategies and offer their successful trading platform to you. A high client focus is their watchword and they will provide total support to you when you open a business account.
This bank is rare in that it offers “transaction only banking” which makes it financially secure. For all of its deposit currencies the bank maintains a ratio of 100%. The bank has never and will not ever issue loans and nor will it speculate with the assets of the clients. This is a major benefit as most offshore banks will speculate with their client’s assets and make loans.
This bank had no correspondent accounts for the US Dollar (USD) from November 2015 up until 1 August 2016. During this period of time the bank has provided a dedicated team to resolve this and spent a lot of money on the problem. The result of this has been the securing of a new USD correspondent account. This adds to the already impressive list of correspondent banking partners which includes Westpac, Novo Banco, Mizuho and NatWest. Now all clients are benefiting from the USD incoming services that this new correspondent account brings. You can operate your business in all of the major currencies.
At this bank you will find an experienced and diverse team of managers, researchers, support staff and consultants that are actively seeking innovative investment opportunities for you all of the time. They will then provide you with the most up to date investment advice.
These professionals at the bank are always there for you and will provide recommendations for investments that have been thoroughly researched and analyzed. Insights into emerging markets and non US Dollar (USD) denominated assets will be provided to you.
To take advantage of the investment philosophy of the bank you can take advantage of their mutual fund programs and managed accounts. You do not need to invest a lot of money to benefit from these programs. The cutting edge philosophies applied will ensure you a good return.
Corporate Account Services From This Saint Vincent Bank
You can open a non resident corporate account with this bank remotely. You will not have to visit this bank. After your account has been opened you will have full access to all banking services and investment advice to protect and diversify your assets.
You can open a corporate account and if it is important for your business you can hold multiple currencies in your account. Funds can be held in US Dollars (USD), British Pounds (GBP), Canadian Dollars (CAD), Japanese Yen (JPY), Australian Dollars (AUD), Swiss Francs (CHF), New Zealand Dollars (NZD), Euros (EUR) or Polish Zloty (PLN).
A personal banker will be dedicated to you and they will want to know as much about your business and financial goals as you can tell them. The personal banker assigned to you will be fully committed to assisting you with the achievement of your business and financial goals. You will be able to communicate with your personal banker using the telephone, using email or via Skype. Your personal banker will respond to you during normal banking hours in Saint Vincent.
The bank offers term deposits which provide a steady return while protecting the principle capital and have the flexibility of liquidity. The bank is able to offer higher than usual interest rates and you can make term deposits in either NZD or AUD. You will not be confronted with maximum deposit terms and the interest is paid and compounded every month.
The bank has a brokerage service that it offers through its wholly owned subsidiary which has been providing trading solutions to clients for several years. The trading program is downloadable and will work with a Mac, a PC, a tablet device or a smart phone. With this platform you can trade Bonds, Stocks, Futures and the foreign currency market (FOREX). You will discover tradable instruments are available from Asia, Australia, Europe and the USA.
Mutual funds are on offer with a minimum investment of just 2500 US Dollars. You can choose from high yield funds, natural resource funds, a diversified strategies fund, an international value fund and a gold and precious metals fund.
With a larger investment of $100,000 or greater you can opt for a managed portfolio of fixed income and global equities. You will be provided turnkey access to a diversified investment portfolio with managed accounts and they will be transparent in a similar way to holding a brokerage account. Precious metals are also available from this bank being gold, platinum and silver.
The bank can provide you with a bank card that is accepted in over 200 countries throughout the world and makes access to your capital secure and simple. Millions of merchants will accept the card as a form of payment and you can use the card at ATM’s as well. There are multiple currency options with the card.
A 24 hour a day online banking service is available to you from this bank. You will be able to access your account from anywhere in the world and at any time. The bank uses the latest high security standards with this service so that your data and transactions will always be secure. If you have a bank card then you will be able to load it with the necessary funds using this service. You can view the balance of your corporate account and view transactions and statements. You will also be able to send messages securely to your personal banker with this online banking service.
500 US Dollars (USD) is the minimum deposit requirement for the opening of a non resident corporate account. You must maintain an account balance of at least 360 US Dollars (USD) at all times. This low deposit requirement and minimum maintenance amount are significant benefits as similar offshore banks would require a lot higher deposit and minimum balance for a corporate account.
The bank charges commissions for account use and transactions and these can change at any time, so be sure to discuss this with your international banking professional at the offshore Pro Group. We can help you to achieve the best possible rates if you tell us that this is a requirement on the international bank selection form.
Important Note: This bank will not open corporate accounts for citizens of the USA, Russia or the Ukraine. It will not accept any transactions from Russia or the Ukraine.
To Open A Corporate Account With This Bank In Saint Vincent Please Follow This Procedure
So that we can help you to open a Saint Vincent non resident corporate account successfully it is imperative that you follow this procedure in order:
- We will help you every step of the way to successfully open your foreign corporate bank account in Saint Vincent so please send an email to us to start this off [email protected] The next thing to do will be to read the information on this page and then let us have your responses to the questions Make The Right Choice Of Non Resident Bank Account By Reading This.
A second non resident bank account is a very good idea because with only one account you will be exposed to certain risks. This page will explain further why it is crucial to open more than one foreign bank account.
- The service that we will provide to you will greatly assist you top open a foreign corporate account at this bank in Saint Vincent, in return we will ask that you make a payment of 2999 EUR to us. For your convenience the payment can be transacted through credit cards, Western Union, Money Gram, Bitcoin, Web Money or a direct bank transfer.
- This bank will insist that the beneficial owner and those that will be account signatories supply documentaion in English (or translated into English) which is certified to open a corporate account. Please supply:
- A copy of the passport page with photo and signature (must be certified)
- Proof of address through an original utility bill or statement from a bank (no more than 60 days old)
- Beneficial owner bank reference letter. If not possible to supply this then please provide bank statements from your bank indicating transactions that are over 180 days old
- Source of Funds and Corporate Bank Contract both signed
The following certified documents in English (or translated into English) must be provided:
- Copy of Certificate of Incorporation / Registration
- Certificate of good standing / incumbency / Extract of Registry (if the company is older than 1 year)
- Notarized copy of Memorandum and Articles of Association / Incorporation OR Articles of Incorporation and Bylaws
- Register of directors
- Register of shares
- Corporate resolution authorizing account opening with Euro Pacific Bank
- A power of attorney for opening and managing the account if the person’s rights to open / close an account are not clear from the constituent documents of the company
- Copy of Declaration of Trust (in case of nominal shareholder)
If any trustee, director, settlor, shareholder, officer, manager or member of the company is itself a legal entity (e.g. trust, corporation, IBC or LLC), please submit the above requested documentation as if it were applying for an account.
After submission of these documents to us has taken place we will examine them and then they will be sent on to the bank very quickly. Your non resident corporate account will be up and running in Saint Vincent in approximately 7 business days.
All that you need to do to start the ball rolling on your Saint Vincent non resident corporate account is to get in touch with us at this email address [email protected]