How to open bank account on the Cook Islands?

In order to reduce the risks of financial losses in the course of conducting business activity, it is better to allocate your funds to the accounts of various banks. We recommend opening a bank account on the Cook Islands in Capital Security Bank, which will enable to accumulate and diversify your funds.

Self-governing state of the Cook Islands is associated with New Zealand and nowadays it is an attractive offshore area, where English common law applies. CSB is the only bank on the Cook Islands that provides private banking services as reliable service for protection of funds or carrying out offshore investment plan.

By entrusting its powers and authority to such economically developed country as New Zealand, the bank is managed by the Commission of Financial Department of the Commonwealth. Its partners are such well-known financial institutions as:

  • NAB
  • ANZ
  • Rochdale Investments
  • Commerzbank, etc.

You can open account with the bank on the Cook Islands and transfer payments in more than 20 currencies to anywhere in the world. Holders of accounts in CSB can be LLC, IBC, trusts, corporations and any natural person. The bank cooperates with all clients, and it is possible to open bank account on the Cook Islands for non-resident remotely.

In addition, every client of CSB has the opportunity to earn funds according to the account, provided that balance is 20 thousand USD. You can conduct financial transactions by means of the Internet bank within 24 hours.

How to open bank account on the Cook Islands for non-residents?

Taking into account the fact that the Cook Islands is the offshore zone, it is possible to ascertain that the country is attractive, primarily for non-residents. For this category of persons tending to open bank account on the Cook Islands, it will be necessary to submit the following documents:

  • International passport of the beneficial owner/account manager
  • Document confirming the beneficial owner's working experience in the field of the company's activities
  • Document confirming the property status of the beneficial owner
  • CV
  • TIN certificate
  • Receipt of payment for utility services issued for the beneficial owner (the document should be not older than 3 months) to confirm the address of residence.

Corporate documents of the company:

  • Certificate of registration
  • The company's Memorandum of Association, the Charter, the order on appointment of the director
  • Power of attorney for company management
  • Trust declaration
  • Share certificate