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VP Bank (BVI) Limited

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Cost of account opening
от 550 EUR
Open an account

General information

Name
VP Bank (BVI) Limited
Country

British Virgin Islands

Official web-site
www.vpbank.vg
Bank history
The Bank was founded in April 1956 as Verwaltungs- und Privat-Bank Anstalt, after that it was reorganized into limited liability company in December 1962. It has 10 offices worldwide (Switzerland, Liechtenstein, Luxembourg, Germany, Hong Kong, Singapore, British Virgin Islands and representative office in Moscow). VP Bank (BVI) Limited was founded on September 29, 1995.
World rating
978
Country Rating
3
Founding date
1995

Account Opening Terms

Recommendations
Not required
Description of activity
Detailed
Account type
Settlement and Savings
Accounts types
Personal; Corporate; Settlement; Savings
Required documents
Passports. For legal entities: notarized company documents with Apostille (extract from the commercial register, the charter, register of directors with samples of signatures and other documents depending on the jurisdiction of the company)
Transaction speed
Transfers are carried out on the same day. Cut-off time for the EUR / GBP / CHF - 10.00 (summer) and 10.00 -11.00 (winter). If the transfer was conducted after this time, it is carried on the following day (European time). Cut-off time for USD is 15.30.
Minimum balance
100000
Limit of transfers (per month)
No restrictions
Initial founding fee
100000
Account opening nuances
Opening an account is possible without entering the country of the bank
Account opening, possibility
Calculated and perceived

Cost and nuances of account maintenance

Translation cost
Fee for international transfer (phone, e-mail, fax) is 100 USD. Fee for international transfer through e-banking is 25 USD. Transfers within the banking group: e-banking - free; phone, e-mail, fax - 50 USD
Enrollment fees
There is no fee for incoming payments
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