Sep 17, 2016

Personal Account Opening With Investment Bank In A Saint Vincent Bank With Transaction only banking and low minimum deposit.

The Offshore Pro Group offers you the ability to open a private account in Saint Vincent with a bank that offers the following benefits:

  • Transaction only bank (no loans or client asset speculation)
  • Remote account opening – no need for you to visit the bank
  • Low minimum deposit and maintenance balance
  • Multi currency account
  • Fast account opening
  • Wide range of investment products
  • Internet / mobile banking

Contact us via email [email protected] for totally professional advice about opening a personal account with this bank in Saint Vincent. It is highly recommended that you initially go through the steps on this page Free Professional Advice On Choosing A Foreign Or Offshore Bank Account.

The Jurisdiction Of Saint Vincent

Saint Vincent and the Grenadines, often known as just Saint Vincent, is a Caribbean island country which is 100 miles from Barbados and 1600 South East of Miami. The country is a parliamentary democracy that uses common law for its legal system. The population of Saint Vincent is around 105,000 people. It is a member of the United Nations, the Organisation of East Caribbean States (OECS) and the Caribbean Community (CARICOM).

Saint Vincent uses the East Caribbean Dollar (XCD) which is a stable currency pegged to the US Dollar. The country is economically and politically stable. The economy has changed and now tourism is the main industry. There is a small GDP growth year on year and the GDP per capita is around $12,000.

The government of Saint Vincent has made a lot of changes to improve the reputation of Saint Vincent as an international banking center. They have created the International Authorities for Financial Services and they are responsible for the control of the offshore financial services industry. They have introduced more stringent administration systems and have had a lot of success with combating money laundering in the banks.

The government of Saint Vincent has established banking secrecy in statute so bank accounts are very private. In other jurisdictions your bank account information can be provided to law enforcement agencies without legal premise. In Saint Vincent the financial institutions are bound by law, and will ensure that your bank account information is not disclosed without a court order.

With the changes that have been made to the financial industry in Saint Vincent together with the stable currency, political and economic stability and the banking privacy laws make this jurisdiction a good choice for the safekeeping, diversification and growth of your capital.

 The Private Bank In Saint Vincent For The Protection Of Your Assets

This bank was formed to provide quality international banking services and serve clients with a platform of investment strategies and products. What sets this bank apart from other offshore banks is the high level of client focus and support that they provide. Apart from their online banking service, clients can contact their personal banker using the telephone, Skype or email during the normal banking hours in Saint Vincent.

The bank has a diverse and experienced team of managers, consultants, support staff and researchers that are continuously looking for solid investment opportunities. By doing this they can offer up to date and sound investment advice to their clients.

The professional personnel at the bank are always ready to provide investment recommendations to you based upon solid economic analysis. They will provide an insight into non US Dollar (USD) denominated assets and the emerging markets.

The investment philosophy of the bank can be leveraged through managed account and mutual fund programs. No matter what amount that you are looking to invest you can take advantage of this cutting edge investment philosophy using these programs.

This bank is financially secure because it only participates in “transaction only banking”. The bank maintains a ratio to deposits of 100% for all of its currencies. There are no loans ever offered by this bank, and they will never speculate with client assets. This is rare with offshore banks, as most of them offer loans and enter into a degree of speculation with client assets.

From November 2015 up until 1 August 2016, this bank had no correspondent accounts for the US Dollar (USD). Over this period the bank has worked very hard and invested significant amounts of capital in the securing of a new USD correspondent relationship. This new partner joins a list of existing correspondent partners of high reputation that include NatWest, Westpac, Mizuho and Novo Banco. All clients can now benefit from the new USD incoming services that are in place.

Services Offered By The Saint Vincent Bank

With this bank you will be able to open a non resident private account remotely, which means there is no need to visit the bank. Once your account is open you will have access to a number of investment and other banking services.

The bank offers multi currency accounts so it is possible for you to hold one currency or multiple currencies in your account. You can hold funds in US Dollars (USD), Canadian Dollars (CAD), Australian Dollars (AUD), Japanese Yen (JPY), New Zealand Dollars (NZD), Swiss Francs (CHF), Polish Zloty (PLN), Euros (EUR) or British Pounds (GBP).

You will be provided with a dedicated bank representative (a personal banker) who you can communicate with on the phone, via Skype and email. You will get a response during normal Saint Vincent bank hours. Your personal banker is committed to supporting you and assisting you to achieve your financial goals.

If you are looking for a steady return on your assets with principle protection, the flexibility of liquidity and good interest rates then the bank can offer you term deposits. The term deposits are available in AUD or NZD and there are no maximum deposit terms. Interest is paid and compounded monthly.

You can trade FOREX, Futures, stocks, bonds and more using the brokerage service of the bank. The bank has a wholly owned brokerage subsidiary that has been helping investors with their trading requirements for a number of years. You can download the trading platform and use on a PC, Mac, tablet or smart phone. There are tradable instruments available from Europe, Asia, Australia and the USA.

With a minimum investment of US $2500 you can take advantage of the mutual funds that the bank can offer you. There is a diversified strategies fund, high yield fund, international value fund, natural resource fund and a gold and precious metals fund.

If you a willing to make a larger investment of $100,000 or more then you can go for the managed portfolio of global equities and fixed income. These managed accounts offer turnkey access to a diversified international portfolio and provide transparency similar to a normal brokerage account. It is also possible to buy precious metals from the bank in the form of gold, silver and platinum.

The bank can provide you with their online banking service for 24 hour a day access to your account. This is a very secure service that uses the latest high level international bank security standards. There is a secure virtual messaging system as well for added security. With online access you will be able to view the balance of your account and all of your transactions as well as use other services.

The minimum deposit required for a private bank account is only 500 US Dollars (USD). You must maintain an account balance of at least 60 US Dollars (USD) at all times. This deposit and minimum maintenance amount are a major benefit as similar offshore banks would require a lot more.

The fees that the bank charges for transactions are always subject to change, it is important that you check the current charges with your Offshore Pro Group international banking consultant. If you are interested in receiving the very best rates, you can state that you require beneficial international banking fees when you complete the international bank selection form.

Important Note: This bank will not open accounts for citizens of the USA, Russia or the Ukraine. It will not accept any transactions from Russia or the Ukraine.

To Open A Private Account With This Bank In Saint Vincent Please Follow These Steps

In order to be successful in opening a non resident private account with this bank in Saint Vincent it is essential that you follow this step by step process:

  1. Contact us via email [email protected] for totally professional advice about opening a private account with this bank in Saint Vincent. It is highly recommended that you initially go through the steps on this page Free Professional Advice On Choosing A Foreign Or Offshore Bank Account.

It is vital that you fully understand the risks of non resident banking in today’s climate and strongly consider opening a second foreign bank account.

  1. We will provide total professional assistance to you in opening a private account at this bank in Saint Vincent, and for this you will need to pay a fee of 1999 EUR. You can pay by credit card, bank transfer, Money Gram, Western Union, Web Money or even Bitcoin.
  1. The bank will require all proposed account signatories to supply certified documentaion in English (or translated into English) or Spanish (or translated into Spanish) to open a private account. You will need to provide:
  • A certified copy of the passport (the page that has the photograph and signature)
  • An original utility bill (which is less than two months old) or a bank statement that provides proof of address.
  • A bank reference letter for the beneficial owner. It this is not available then please submit statements from the same bank showing recent transactions ans transactions over six months old
  • Corporate Bank Contract and Source of Funds signed form

Once you have submitted all of the required documents we will check them thoroughly and pass them on to the bank as quickly as possible. You will need to wait for up to 7 business days for your Saint Vincent private foreign account to be opened at the bank.

To begin the process of opening a private account at this Saint Vincent bank, please contact us by email [email protected]