News: Open an account in Curacao

Opening a bank account in Curacao

Curacao is an independent state with developed and stable financial sector. Developing economic and political systems allowed the country to be included in the white list of the OECD (Organization for Economic Cooperation and Development).

Most banks of the state have the following positive aspects:

• International orientation;
• Wide range of banking services;
• High level service, as well as prompt service rate;
• Modern system of electronic banking, which makes it possible to manage income without constant visit to the branches.

Which bank to select in Curacao in order to open bank account?

Our company Law&Trust cooperates with such bank as SAI Bank. The policy of the bank consists in the qualitative, stable and timely provision of the selected package of services. Local currency is related to the US dollar, as well as to the euro, which simplifies conducting bank settlements with counterparties of other countries. Protection of the account holder's data, as well as his finances, is guaranteed by the law of Curacao.

SAI BANK has good reputation both among local citizens and among non-residents. Large number of branches simplifies personal application to the financial institution. The Internet banking system is equipped with a coding device, which increases the level of security for online transfers.

Terms of account opening in SAI BANK

1. The term of opening a bank account in Curacao for non-resident is 14 working days. It is necessary to add another 7-14 days for preparing and forwarding documents to the foregoing term.
2. Provision of recommendations is not required, and the package of documents is determined based on the purposes of opening the account and the type of the latter. The list of documents is influenced by the client's category (natural or legal person).
3. All transactions are conducted within 2-3 working days.
4. Fee for incoming and outgoing transfers is set. Its amount depends on the size of the transfer, and detailed tariffication should be specified with the specialists of our site.
5. Account maintenance will cost 15 USD monthly for the client.

How to register and open account with the bank in Curacao for non-resident?

Law&Trust operates in order to the clients from all over the world can open accounts in foreign banks with maximum convenience. Our services include the following:

• Consultation on the issues of selecting the bank;
• Clarification of the necessary list of documents in each particular case;
• Compilation and submission of documents to the bank;
• Translation of necessary documents required into a foreign language, English is most often used;
• Sending documents by reliable courier service;
• Obtaining and transferring the requisite details to you.