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How to open a corporate account in Saint Vincent and the Grenadines

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Licenses | Saint Vincent and the Grenadines

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Opening an account in Saint Vincent and the Grenadines in 2020

Key benefits of opening an account in this jurisdiction:

  • A favorable business environment;
  • A developed banking system;
  • An ability to open a multi-currency account;
  • A high level of confidentiality;
  • A safe Internet banking;
  • A relatively fast process of opening an account.
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Saint Vincent and the Grenadines is a trustworthy jurisdiction with a developed banking system. This material was prepared to familiarize foreign entrepreneurs with the specialities of opening a corporate bank account in Saint Vincent and the Grenadines.

Main requirements for opening an account

If you are interested in opening a bank account in St Vincent and the Grenadines, then you will need to:

  1. Provide ID documents of the beneficiaries/directors of the company (certified copies of passports);
  2. Collect a package of documents required by the bank (CRC, copies of the MOA and AOA, power of attorney, information about registers of founders/shareholders, CGS, etc.);
  3. Translate all the necessary documents into the state language (English).

If you want to open a corporate account in Saint Vincent, note please that the whole process will take from 2 weeks.

IQD Consulting experts are ready to provide you with professional assistance in preparing a package of documents, required specifically for your case.

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Services provided by local banks

Those, who decide to open an account in the name of a company in St Vincent, will be provided with the following services:

  • Multi-currency accounts. You can carry out transactions in EUR, CAD, USD, GBP, AUD, JPY, NZD, CHF and PLZ;
  • A currency exchange;
  • A multilingual service;
  • A high level of confidentiality;
  • A full and safe functioning of Internet banking with no requirements for installation of special software on your PC;
  • Management of corporate accounts provided remotely;
  • Receiving or sending transfers;
  • The ability to open an account in Saint Vincent and the Grenadines without a personal visit to the bank of your choice.
How to choose a bank in St Vincent and Grenadines

If you are intended to open a corporate account in Saint Vincent and the Grenadines, we recommend you carefully considering the services of existing banks in order to choose the most appropriate of them:In this article we want to pay your attention to 2 banks operating now:

  1. B2B Bank. It is a private bank, offering a wide range of banking products. Advantages: no requirements for a minimum account balance and the possibility to open an account with a B2B Bank Limited remotely;
  2. Euro Pacific Bank. It is an international bank, offering a wide range of services for all types of businesses. Benefits: there is no requirements for an initial payment and it is possible to open an account with Euro Pacific Bank Ltd remotely.
QUALIFIED ASSISTANCE

IQD Consulting team provides full support in opening a bank account in St. Vincent and the Grenadines. In order to receive a qualified advice and agree on the details of a joint work, please call us using the contacts listed on the site.

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