We would like you to enjoy an opportunity of opening a foreign corporate bank account in Antigua and Barbuda with the North International Bank (NIB) remotely in order to protect and manage your assets.
NIB is a well-respected and reliable financial institution located in Antigua and Barbuda. This bank offers its services to both corporations and private individuals. NIB is operating well and complies with all the standards and requirements to maintain proper relationships with the correspondent banks which is of special importance today.
The bank reports to the Financial Regulator of Antigua and Barbuda, the Financial Services Regulatory Commission (FSRC).
This public institutions monitors closely the bank’s compliance with all of the established international standards, as well as compliance with the Antigua and Barbuda International Business Corporations Act. The regulatory system has been continuously improving, including financial auditing which is particularly relevant for international financial organizations.
In 2010, together with the Office of National Drug Control and Money Laundering (ONDCP), FSRC created certain new compliance procedures based on the Anti-Money Laundering Recommendations. This became a fundamental basis for the appropriate operational activities of banking institutions that affect the reputation of the banking industry in Antigua and Barbuda.
NIB is an example of a smooth implementation of all the requirements issued by both local and foreign regulators. It significantly inspires confidence in the future of the bank.
The goal of the North International Bank is to offer an ample variety of banking services and products to its customers based on the heritage preservation philosophy, privacy and high quality of service, as well as maintain personal contact that its customers deserve.
The bank is always willing to deliver the maximum possible for the minimum price to satisfy the needs of its customers. At the same time, the bank is ready to offer all the basic services usually offered by offshore banks. If you have already decided that you do want to open a corporate bank account with the North International Bank, please apply for a prompt and exhaustive consultation on the matter by emailing to info@offshore-pro.info.
Settlement Account with the North International Bank
You can open your account with NIB remotely. This means you will not have to visit the country. In addition, the bank can offer you not just a single type of account, but several types of settlement accounts:
- Blue Account is a settlement account.
- Black Account is settlement account with interest.
Blue Account (Settlement Account)
This is a conventional settlement account that does not bring any return to its holder. It is mostly suitable for medium-sized and small businesses for their daily operations. This account allows you to carry out as many transactions as you need.
You can also use your MasterCard Debit Card for your Blue Account operations as well as online banking to ensure fast-track and uninterrupted access to your funds.
| Minimum balance for opening an account | USD 5,000.00 |
| Minimum account balance in an opened account | USD 5,000.00 |
| Commission charged if the balance goes below the minimum | USD 40.00 |
| Monthly service fee | No fee |
| Excess transaction fee | USD 20.00 |
Black Account (Settlement Account with Interest)
This corporate settlement account implies a return from the balance held in the account. The interest will accumulate on a daily basis to be paid at the end of each month. This account will allow you to use it for your international business operations to facilitate managing of your funds.
Black Account assumes that you have a MasterCard Debit Card and optionally a MasterCard Black Credit Card.
| Minimum balance for opening an account | USD 10,000.00 |
| Minimum account balance in an opened account | USD 10,000.00 |
| Commission charged if the balance goes below the minimum | USD 40.00 |
| Monthly service fee | No fee |
| Excess transaction fee | USD 20.00 |
| Cost of an international payment | USD 10.00 |
Payment cards by the North International Bank
You can get advantage of several payment card options with NIB. Some of them are debit, some are credit cards. The bank cooperates with such an international provider as MasterCard, and offers the following cards:
- MasterCard Pre-Paid Card
- Master Credit Card Gold Card, Platinum Card, Black Card
- Master Card Debit Card
MasterCard Gold
MasterCard Gold Card can serve as a payment alternative to cash. The card is accepted everywhere across the world and offers all the conveniences of using gold cards.
Features:
- Minimum credit limit: USD 5,000.00
- Master Card International Services
- Renewable credit for 24 months.
MasterCard Debit Card
MasterCard Debit Card allows you to enjoy a continuous access to your funds. This card also offers the following possibilities:
- Cash withdrawals from ATMs;
- Payments for services and goods via POS terminals with no need to use cash;
- Customer Service 365 days a year by phone: +18778334814;
- You can also easily check your balance via online banking in the bank’s website: www.northinternationalbank.com.
24/7 Multilingual Internet Banking
Just like any other financial institution, NIB has taken care of launching a reliable Internet banking system. 24/7 Multilingual is an online system that allows you a 24/7 access to your funds. In this system, you can carry out all the necessary transactions in a secure way.
This service is available to all customers of the bank regardless of their location.
The technology platform provides all the services in English or Spanish. The main services you can get via 24/7 Multilingual are as follows:
- Personal, professional and efficient services aimed at achieving customer’s goals at the most affordable price;
- Advice on credit cards and card balances;
- Credit card authorization;
- Changing the access code over the phone;
- Processing of complaints, requests and suggestions;
- Payments for credit cards, debit cards and prepaid cards, as well as their activation.
Payroll Cards by MasterCard
Payroll Cards are reloadable prepaid cards by MasterCard. This instrument is great for using it as salary cards for your employees.
The employer is free to reload the cards which will facilitate staff payments and management control over the employer’s funds.
Once the card is reloaded, the employee will be free to use it for paying for the services and goods in any country of the world where MasterCard is accepted, as well as to withdraw cash from the ATMs.
Main features of the card:
- The card has a MasterCard logo on it;
- The card can be prepaid by direct reloading into the card account;
- It is accepted in ATMs and POS-terminals;
- It provides its holder with an easy access via the online system, text and phone.
Cardholder’s benefits:
- Instant access to your funds after crediting;
- No need to cash money, no need for checks;
- No bank account required;
- Safer than cash;
- Possibility of checking the balance and operations;
Employer’s benefits:
- Reduce the cost of cashing out, writing checks, etc.;
- Detailed reporting;
- Easy to complete a task and provide convenience to the employees.
Procedure for Opening a Corporate Account with the North International Bank
- The first and the main step to take is to become certain that you want to be the owner of a corporate account with the North International Bank. After that you need to contact us by emailing to info@offshore-pro.info for professional advice on opening your bank account.
- Having received a consultation, you will need to pay for the assistance with opening your corporate account with the North International Bank, which you can do with your card, via PayPal, WesternUnion, WebMoney or a bank transaction. The service cost is 3999 EUR.
- Next we will move on to collecting the information that will be required for opening your account.
You will need to attach the following documents for opening your account:
- Filled out, printed and signed copies of the bank papers for opening an account;
- Full package of your company’s corporate papers;
- Notarized copy of your travel passport (pages with your photo and signature).
Note: It is possible that the notary may say they do not certify copies of the travel passports. In this case, make an official English translation, sew it to the original copy (pages with the photo and signature) at the sworn translator’s and get it notarized.
- Proofs of residence (utility bills);
Notarized copy of your utility bill, or an original of your utility bill, or a bank account statement to confirm your residence address.
Note: This document must be no older than 3 months by the time the account-opening package is submitted, and it must be translated into English and notarized. Alternatively, it can be a notarized translation of your civil passport into English (the main page with the photo and your signature, as well as the address page).
- Two certificates from those banks where you already have your bank accounts;
- Two reference letters from professionals (lawyers, attorneys, certified accountants, etc.);
- Description of the source of the company’s funds, as well as the company’s financial statements;
Note: all the documents must be translated into English and notarized. Your account will be opened in 10 days upon the receipt of all your papers mentioned above.
Please contact us by email info@offshore-pro.info to start the procedure of opening your corporate account with the North International Bank. Our experts will assist you in becoming the owner of a foreign account in the fastest possible time and in the most convenient way.
