The cost of opening an account: From 590 USD

 

 
The cost of opening an account:
From 590 USD

General information

Name
DMS Offshore Investment Services
Country

Cayman Islands

Official site
dmsoffshore.com
Faunded
1 972
History
DB&T was founded in 1972 and obtained one of the first offshore banking licenses issued in the Cayman Islands. In 2008, the bank's name was changed from Gefinor Bank Limited into Cayman Institutional Bank, and into DMS Bank & Trust Ltd in May 2012. For the last decade, DMS Bank & Trust Ltd. (DB&T) has been the recognized leader in fund governance. That expertise is now augmented by a comprehensive range of complementary services, making it an authentic one-stop shop for navigating the world of offshore investing. DMS Bank & Trust Ltd. (DB & T) is a private bank that provides financial services to individuals and companies. Currently, DB&T keeps more than 700 million US dollars of the clients’ deposits. The Bank works according to the highest standards and adheres to the principle of professionalism and individual approach to each client. Activity of DB&T is licensed by the Monetary Authority of the Cayman Islands. The activities of DB&T are regulated by the US Federal Reserve System. DMS Bank & Trust Ltd. was recognized as the leader in the management of investment funds during the last decade. DMS Bank & Trust Ltd. is proud of its advanced technology, which allows customers to access their accounts 24 hours a day, 7 days a week. The Bank opens accounts in USD, EUR and GBP.
Employees
Staff speaks English
Security
High

Account

Terms of opening for admission (days):
7
Opening terms for cancellation (days):
7
Recommendations:
Не требуется
Description of activity:
Brief
Account type:
Personal, corporate.
Types of accounts:
Settlement, savings, investment
Departure to the bank:
Not required
Required documents:
• An originally certified or notarised passport copy (pages containing photo, signature and expiry details). • Proof of residential address not older than 3 month (original or originally certified /notarised utility bill or bank statement with individual’s name and residential address). • CV. • Bank Reference addressed to DMS Bank & Trust Ltd (Required if individual is not domiciled in Caymans).
Account opening, probability:
Сalculated and perceived
Particularities during account opening:
No special.

Terms

Balance, minimum:
5000 €
Limit of transfers (per month):
No information
An initial fee :
5000 €
Term of contribution (months):
1
Annual turnover (minimum):
5000 €
Transaction speed:
1 working day

Services and costs

Cost of translation:
Outgoing Online Wire Transfer: $65.00. Outgoing Manual Wire Transfer: $200.00
Cost of enrollment:
12 usd
Cost of account maintenance:
60 usd/month
Credit card restrictions:
No information
Insurance for credit cards:
No infomation
Access to the account:
Use of Internet banking
Bank services:
Wide range of banking services
Bank cards:
MasterCard, Visa
Cost of extracts storing:
Statement print-outs via online banking: free. Statement print-outs: $50.00