Vantu Bank is private internet international bank, founded in 2013 and registered in Vanuatu, and international financial centre in the Pacific region. Its geographical, economic, tax and legal environments are favourable for foreign investor capital protection. International banking licence was issued on 14th November 2013.
Founding date
2013
Account Opening Terms
Recommendations
Not required
Description of activity
Detailed
Account type
Personal, Corporate
Required documents
CV, legalized Passport (hign-quality scan), utility bill (not older than 3 months) for each beneficial ownee with more than 20% equity interest in company and for director.
Transaction speed
T+1 is better because of difference of time zones
Minimum balance
200
Limit of transfers (per month)
No restrictions
Initial founding fee
1000
Account opening nuances
No restrictions concerning the residence of the company and the beneficial owners
Account opening, possibility
Calculated and perceived
Cost and nuances of account maintenance
Translation cost
Wire out 0.10%, min 50 EUR , max 500 EUR
Enrollment fees
Wire in 25 EUR
Account maintenance cost
EUR 50 monthly
Law&Trust International offers free general consultation for this issue.
With our services you can avoid many legal concerns.