Despite the situation with COVID-19, we are working as usual and fully provide our services.

Opening an account in Stern Bank

Thank you for your query. We will contact you soon.

Opening an account with Stern Bank

Advantages of opening an account with a bank in Puerto Rico:

  • Promising jurisdiction for doing business;
  • The bank provides a full range of services, including online banking, SWIFT and SEPA payments;
  • It is possible to open multi-currency accounts;
  • It is allowed to open a corporate account remotely;
  • The application consideration period usually takes a few days.
Contact us as you find convenient
Detailed information
Send a request
get a detailed offer
Do you want to add a comment?

* - *required fields

Stern Bank (Puerto Rico) is a licensed international financial institution with a confirmed status. Today, Stern Bank is one of the leading banks, that clearly understands consumer trends in the banking sector. In this article we provide legal advice on registering an account in Stern Bank.

Stern Bank is a private, independent financial institution, that provides services to industrial and commercial organizations. It is located in Puerto Rico – a self-governing territory under a protectorate of the US. A main specialization is registering US corporate accounts (in dollars, euros, pounds) for foreign companies, a provision of online banking services and individual trade finance services to small and medium-sized enterprises.

Stern Bank is regulated by the Puerto Rico Financial Institutions Authority (OCIF), the US Federal Reserve. It is a member of ITFA (International Trade and Forfaiting Association).

You can order personal advice on registering an account in Stern Bank from IQ Decision lawyers. Experts of our company will also talk about all nuances, that may arise, when registering accounts in the USA.

A brief information about a bank
  • US Federal Reserve classified Stern Bank as a US state bank;
  • Provided services: an online banking, a financial trading, a forfaiting, consulting services on letters of credit;
  • It is characterized by an active implementation of programs to combat money laundering and the financing of terrorism;
  • It is possible to open an account in Stern Bank remotely;
  • It makes payments through SWIFT, Fedwire and SEPA;
  • It introduces a new service – a provision of debit cards (since 2020);
  • Clients have the access to an online account.
Stern Bank rates



incoming payments

from 0,60%

up to 3,00%

opening an account

from $600,00

up to $4 500,00

Read also:
Open a bank account for a company in Stern Bank:
  • a provision of all necessary documentation (official languages are English and Spanish; a documentation in other languages ​​requires a translation and notarization);
  • filling out an online application form;
  • the Adaptation Department will review your application within 7 business days;
  • there are no mandatory requirements for apostilled documents.
A list of documents for enterprises:
  • an application for opening an account in Stern Bank;
  • a registration certificate;
  • Articles of Association;
  • a certificate, confirming a legal status of the company;
  • a proof of ownership;
  • the information about a source of funds;
  • a bank statement;
  • financial statements are required;
  • a lease agreement (if necessary);
  • a document, confirming a presence of a registered legal address (no more than 3 months ago);
A list of documents for a director/shareholder:
  • a photocopy of passport;
  • a confirmation of the address of residence (for example, a utility bill, not more than 3 months).
A list of documents for subsidiaries:
  • a registration certificate;
  • a certificate, confirming a legal status;
  • data on shareholders with a % share of each;
  • a confirmation of a legal registration (not older than 3 months);
  • data on the source of funds;
  • financial reports;
  • a bank statement;
  • the lease agreement (if necessary).

Please note: in order to open an account in Stern Bank, additional documents may be required.

Terms for opening an account in Stern Bank

If all conditions are met (a required list of documents, deadlines for their submission, notarial subtleties), it will take from 5 to 14 days to register an account. It is possible to open a corporate account for a company in Stern Bank without a personal visit.

A confidentiality

The information about suppliers, customers is confidential, unless a disclosure is permitted by the law in accordance with the applicable law. Stern International Bank takes a security of your accounts seriously. For advice on combating fraud in banking transactions contact IQ Decision.

You will receive more information about Stern Bank during personal advice on opening bank accounts in Puerto Rico.

  • The information outlined in the article is actual at the time of its publication.
  • Please refer to our specialists for checking possible solutions for your business.
  • Still have any questions?

    Fill out the form or contact us as you find convenient: skype, telegram, etc. Our experts will help you resolve the issue.

Are you interested in qualified advice from our specialists on this matter?

Your name user
Your comment comment

Do you want to add an alternative form of communication?

tel add icon telegram add icon skype add icon whatsapp add icon viber add icon
people with bank