Open account in The Bank of Nevis Limited
The cost of opening an account:
From 450 USD
The cost of opening an account:
From 450 USD
General information
Name
The Bank of Nevis Limited
Country
St. Kitts and Nevis
Official site
thebankofnevis.com
Faunded
1 985
History
The Bank of Nevis Ltd was the brainchild of Dr. Simeon Daniel, former premier of Nevis. The Bank was incorporated on August 29th, 1985 under the laws of the Federation of St. Christopher and Nevis; however, the Bank opened its doors for business to the public on December 9th, 1985. The Bank was created out of a desire to provide banking services to the local community with the hope that this would assist with the development of the island’s economy. For the foregoing reason, the Bank adopted the motto ‘Improving the Quality of Life’. Ideally located in the heart of the capital, Charlestown, The Bank of Nevis Ltd offers comprehensive services including a variety of deposit accounts with attractive rates of interest, credit and debit cards and loans. Other services include ATM services, online banking, brokerage services, merchant services and foreign exchange purchases and sales.
Employees
English-speaking
Security
High
Account
Terms of opening for admission (days):
15
Opening terms for cancellation (days):
30
Recommendations:
Не требуется
Description of activity:
Brief
Account type:
Personal, corporate
Types of accounts:
Savings, settlement, investment.
Departure to the bank:
Visiting the bank is not required
Required documents:
Corporate documents: notarized copy of the Certificate of Incumbency, notarized copy of the Certificate of Formation/ Incorporation, notarized copy of the Articles of Organization/ Articles & Memorandum of Association or Articles of Incorporation, notarized copy of the Operating Agreements/ ByLaws, notarized copy of the Certificate of Good Standing (where applicable), completed Business Template.
Account opening, probability:
Calculated and perceived
Particularities during account opening:
Reporting requirement is imposed on the banks of Nevis under the US Foreign Account Tax Compliance Act (FATCA)
Terms
Balance, minimum:
10000 €
Limit of transfers (per month):
No restrictions
An initial fee
:
270 €
Term of contribution (months):
1
Transaction speed:
Value date is on the second day
Services and costs
Cost of translation:
Incoming wire transfer – 20 USD, internal transfer – 10 USD, outgoing wire transfer – 70 USD
Cost of enrollment:
No information
Cost of account maintenance:
50 USD per month if minimum balance is below required one
Credit card restrictions:
No information
Insurance for credit cards:
No information
Access to the account:
Internet banking is only for viewing and transfers within the Bank. Account management and implementation of international transactions is through a personal account manager via telephone, fax or email.
Bank services:
Opening merchant account when opening commercial account, online banking, extracts from the bank
Bank cards:
Issue of embossed debit and credit cards Visa is possible
Cost of extracts storing:
No information
