The cost of opening an account: From 450 USD
The cost of opening an account: From 450 USD

General information

Name:Bank of the Bahamas Limited


Faunded:1 988
History:Since its establishment through the acquisition of existing Canadian Bank in 1988, Bank of the Bahamas has grown from $ 90 million in assets to almost $ 861 million as of June 30, 2012. In 2014, it was the fourth time when Bank of the Bahamas Limited was referred to as the best bank in the country according to such magazine as The Banker.
Employees:The staff speaks English.


Terms of opening for admission (days):7
Opening terms for cancellation (days):14
Recommendations:Not required
Description of activity:Detailed
Account type:Personal, corporate
Types of accounts:settlement and savings
Departure to the bank:Personal presence is required
Required documents:Notarized copy of international passport - if you do not have this document, you will need to obtain it for successful opening of brokerage account.
Account opening, probability:Calculated and perceived
Particularities during account opening:No special


Country Rating:1
Rating on loans:A


Balance, minimum:1 000 €
Limit of transfers (per month):No information
An initial fee :0 €
Transaction speed:2-3 business days

Services and costs

Cost of translation:There is no maximum threshold, but it can be set upon separate agreement with the banker
Cost of enrollment:Fee is not charged
Cost of account maintenance:Account maintenance fee depends on the amount deposited in the bank.
Credit card restrictions:No information
Insurance for credit cards:No information
Access to the account:Telephone, fax, internet
Bank services:Credit accounts, loans to commercial and residential real estate, foreign currency exchange, bank cards AmericanExpress, transfers MoneyGram, money transfers, trust and fiduciary services.
Bank cards:American Express, Prepaid VISA Card
Cost of extracts storing:Free