Fees

3999 EUR

Corporate Bank Account in Nevis Remotely

If you are looking for an effective offshore bank account suitable for non-resident corporations with full SWIFT access, we can offer you a solution: a corporate bank account in Nevis.

This bank account is ideal for those doing international business, including trading and business services companies, IT contractors and online marketing, even to firms working on the blockchain since this bank is crypto-friendly. Actually, this bank will accept any business that is legal and does not involve US-sanctioned countries.

As an additional benefit, the bank does not charge any account maintenance fees. The whole procedure of opening a corporate account is carried out over the internet, with no hard copies required.

Bank account in Nevis for business

A Corporate Bank Account in Nevis and Its Advantages

Readers of the Internationalwealth.info portal are often interested in the possibility of opening a corporate bank account in the island of Nevis. Nevis that is an offshore centre in the Caribbean region, and an independent stable state (part of the Federation of St. Kitts and Nevis) with its own banking system and banking secrecy, securely enshrined in the law.

Originally, the Nevis International Banking Ordinance was designed to give a boost to the development of Nevis as an offshore banking financial centre… as well as to ensure incentives for the country’s development by cutting taxes, as well as providing benefits to encourage development of local offshore banks. Banking legislation is stable and backed by a strong regulatory framework to protect depositors’ funds and to maintain acceptable accounting standards, complying with the bank capital requirements.

This particular bank, our strongest partner bank in Nevis, offers a full range of banking services:

  • opening of deposit accounts with attractive interest rates
  • credit and debit bank cards
  • Brokerage
  • currency exchange services (both fiat and crypto currencies)

All the above services are available to the bank’s clients. So, your bank account in Nevis can become an excellent instrument for the modern international business persons who are always focused on developing their company and increasing its profits. This international bank in Nevis operates via a direct connection the SWIFT system. Thanks to that, it can carry out fast transfers in EUR and USD together with nine other major world currencies. 

As the largest global bank in the entire region, this Nevis bank has an exceptional balance sheet with excellent ratios and no loan exposure. Their motto is efficient customer onboarding, superb client support, and advanced 24/7 e-banking.

The bank’s chairman is Sir Tony Baldry, a former aide to Margaret Thatcher who later went on to become British Parliamentary Under-Secretary of State for Foreign, Commonwealth and Development Affairs, who oversaw the West Indies, South Asia, Africa and North America in his career. In the bank’s own words they are “a fully regulated global bank with a deep British heritage operating at Wall Street speed.” The bank is based in a beautiful, fully-owned seven acre campus setting, on a hill overlooking Charlestown, Nevis – the hometown of Alexander Hamilton, the face on the US ten dollar bill.

The bank has reliable correspondent relations for cash and commercial transactions with many major international banks which is a direct result of the commercial diplomacy carried out by their Chairman. What is especially valuable, they have built in resilience to their correspondent network with accounts around the world. In addition to fiat currencies, each of the bank’s clients can keep their securities, bonds and shares at the bank. The bank has great access to global financial markets and instruments: corporate banking, private banking, the possibility to outsource your asset management.

These are the extra options you can choose from. The bank also offers the escrow account opening. Being a holder of this account, you can buy real estate, crypto coins and other assets much more securely. Bank employees can also assist their clients with obtaining citizenship by investment in Nevis. 

Company Incorporation in Nevis

You are certainly interested in doing international business, which means that we continue with the topic. The offshore bank was established in 1998 under the 1984 Nevis Business Corporation Ordinance Act as a subsidiary of its parent bank.

At the offshore bank, you can get a full range of services enjoyed by the Limited Liability Companies (LLCs) incorporated in Nevis, International Business Corporations (IBCs) and trusts. By the way, an ordinary Nevis LLC is a simple company, inexpensive in terms of incorporation and maintenance, while providing good protection of capital (and together with the New Zealand Partnership, this protection becomes iron-clad). A Nevis LLC can be the great alternative to a trust established in Nevis.

Incorporation of an LLC/IBCUSDService timelines
Basic Package of Your Company’s Corporate Papers that Includes:

Certificate of Incorporation;Endorsement Certificate;Articles of Incorporation;Certificate of Notary Public;Designation and acceptance of Registered Agent;Transfer of Subscription Rights;Appointment of director;By-laws;Written Resolution of Director;Register of Directors;Register of Officers;Register of Shareholders;Share Certificate(s).
1899 USD2 to 3 working days
Apostille Package:Certificate of Incorporation;Endorsement Certificate;Articles of Incorporation;Certificate of Notary Public;Designation and acceptance of Registered Agent;Transfer of Subscription Rights;Appointment of director;By-laws;Written Resolution of Director;Register of Directors;Register of Officers;Register of Shareholders;Share Certificate(s).One set of apostilled copies of corporate documents.2499 USD5 to 6 working days
Apostille Package + Full Nominee Service:

Company incorporation;State registration fee payment;Registration agent services in Nevis;Registered office (legal address) in Nevis;One set of the corporate documents originals;One set of apostilled copies of corporate documents.Nominee Director/Manager**;Apostilled Power of Attorney, original copy;Nominee Shareholder/Member**;Trust declaration, original copy;One set of copies of the corporate nominee documents, apostilled;One set of copies of corporate documents;Company Certificate of Stable Financial Position;Certificate of Incumbency;Copy of the Power of Attorney;Copy of trust declaration;Passport copy;Copy of the utility bill;Letter of reference from a bank or a statement on the account.Courier delivery worldwide.
7949 USD6 to 8 working days
Company’s Annual Renewal Fee:

State renewal fee payment;Registration agent services in Nevis;Registered office (legal address) in Nevis;Scanned copy of the renewal certificate.
1699 USD3 working days
Annual Payment to the Company’s Nominees in Nevis:
Nominee Director/Manager (Nevis corporation)1399 USD1 working day
Nominee Shareholder/Member (Nevis corporation)1399 USD1 working day
Nominee Officials (Nevis Corporation)1399 USD1 working day
Additional Documents Issued after the Company’s Incorporation:
Set of notarized copies of corporate documents.600 USD1 to 2 working days
Set of notarized and apostilled copies of corporate documents;799 USD2 to 3 working days
Copy of the Certificate of Incorporation.400 USD1 to 3 working days
Register preparation Managers/Members/Shareholders/Directors/Officers200 USD2 working days
Preparation of the first Board Meeting Minutes450 USDfrom 2 working days
Share Certificate200 USD2 working days
Finding a company500 USD2 to 3 working days
Simple Power of Attorney399 USD1 working day
Notarized Power of Attorney599 USD1 to 2 working days
Apostilled Power of Attorney799 USD2 to 3 working days
Simple Trust Declaration400 USD1 working day
Notarized Trust Declaration600 USD1 to 2 working days
Apostilled Trust Declaration800 USD2 to 3 working days
Additional Certificates Issued Upon the Company’s Incorporation:
Simple Certificate of Good Standing680 USD2 to 3 working days
Apostilled Certificate of Good Standing880 USD2 to 3 working days
Certificate of Incumbency (Simple)490 USD1 working day
Certificate of Incumbency (Notarized)690 USD1 to 2 working days
Certificate of Incumbency (Notarized, with Apostille)890 USD2 to 3 working days
Tax-exempt letter500 USD2 to 3 working days
Apostilled tax-exempt letter700 USD2 to 3 working days
Company Liquidation Certificate1700 USDup to 7 working days
Certification and Notarization:
Certificate signed by the Registration Agent (per document)150 USD2 working days
Notarization, per one document200 USD2 working days
Apostille, per one document250 USD2 to 3 working days
Letter of Certification from the Register500 USD5 workdays
Changes to the Company Name/Capital/Structure:
Company name change (no seal)800 USDup to 7 working days
Company name change (with a seal)1220 USDup to 7 working days
Changes to the share capital1625 USDup to 7 working days
Change of Officers/Directors/Managers (including drafts, registers)800 USDup to 5 working days
Change of Shareholders/Members (including drafts, registers and up to 2 Share Certificates)800 USDup to 5 working days
Transfer of shares/ownership, includes Minutes and up to two new Certificates1200 USD5 working days
Amendments to the Articles of Association (addition to a paragraph, capital change, any change in the Company’s Articles stamped by the Register)1200 USDup to 7 working days
Reissue of incorporation documents1625 USDup to 7 working days
Making Changes to the Company After the Incorporation:
Continuation (Change of the company’s registration country)2520 USDT.b.d. individually
Certificate confirming the change of jurisdiction1200 USDup to 7 working days
Transfer of a company to Nevis1500 USDT.b.d. individually
Fast-track transfer of a company to Nevis3000 USDup to 7 working days
Recovery of the company struck out of the Register1700 USD2 to 3 working days
Company liquidation1700 USDup to 7 working days
Transfer Out (Change of the registration agent)1999 USD2 to 3 working days
Transfer In (Change of the registration agent)500 USDT.b.d. individually
Other Services:
Signing of a document by the Nevis nominee:one signature on a corporate document (per 1 document)one signature on a bank form (per 1 document) 160 USD
320 USD
 1 to 2 working days
Scanned copy of a document (per 1 page)100 USD1 working day
International courier delivery200 USD2 to 4 working days
Rushfee (fast document preparation). The cost is specified per one operation150 USD2 working days
Negotiated Services:
Professional Director Services3400 USDT.b.d. individually
General adviceContractualT.b.d. individually
Legal adviceContractualT.b.d. individually
Substance for Nevis Company:
Financial report (up to 20 transactions)1900 USDT.b.d. individually
Financial report (from 20 transactions)from 1900 USDT.b.d. individually
Website development fee, State Registration fee and Registration Agent feeThis cost depends on the complexityT.b.d. individually
Virtual Office (Panama)Address;Mail/Courier;Phone with a message-recording function.3000 USDup to 7 working days

Benefits of the Island of Nevis

If you have not yet decided about opening a bank account in Nevis, I have got some excellent arguments I would like to share with you! All of them are related to the international bank in a well-regulated jurisdiction that offers upscale advantages, namely:

Confidentiality

According to the 1985 Confidential Relationships Act, any unauthorized disclosure of information to the third parties is strictly prohibited.

Integrity

Nevis complies with the highest international FATF regulatory standards since the introduction of anti-money laundering provisions under the Proceeds of Crime Act 2000 and the Anti-Terrorism Act 2002.

Possibilities

The bank in Nevis offers a great opportunity for its customers to enjoy the benefits of the jurisdiction that promotes privacy, freedom of action and the preservation and protection of the corporate structures of any complexity.

Independence

Located in the Eastern Caribbean, three hours from the United States of America and eight hours from Europe, the Islands of Nevis and St. Kitts constitute a sovereign and democratic federative state. Nevis has its own autonomous legislative body that enacts laws governing the international financial and related services.

Stability, Safety and Security

Nevis has a long history of political and economic stability. Its parliamentary and legal systems are based on the British government model and Common Law.

Information on the Bank in Nevis

The bank in Nevis opens non-resident accounts in US dollars, euro and nine other major world currencies. We will be happy to assist you with the opening of a business account for your company including cases when your company is incorporated offshore or where our company did not do the initial incorporation. We can help you prepare the necessary documentation and get it certified.  

In order to open a bank account, you must undergo a thorough due diligence check. It is carried out by a third-party professional company. The cost of this check is USD 3,000, but the payment is only made upon the final approval of the bank (deducted from the first deposit). If the bank rejects your application, you will not have to pay anything.

Online banking is provided 24/7. You will be able to transfer your funds and pay your bills at any time of the day from anywhere in the world. Express wire transfers are typically executed within three hours.

The above-mentioned escrow accounts are a convenient instrument for buying and selling assets. The bank also offers buying crypto-currencies. It accepts USD transfers from other institutions that trade crypto-currencies. Nationals of any country except those subject to US sanctions (Cuba, Venezuela, Iran, North Korea etc) can open a corporate account. (It is important to note that citizens of sanctioned countries who have residence in the USA can be accepted case by case)

The account-opening procedure usually takes well under a week once all account-opening documentation is ready. When your account is open, you will need to make a minimum deposit within 5 days. For a business account, it is USD 100,000. It is important to be informed that the bank does not accept cash. Your deposit can be made in any major currency or in the form of bonds and other securities. Having received the minimum deposit, the bank will provide you access to your funds which you will be able to use at your discretion, that wire the money out again the next day. Visa debit cards are available.

Benefits of Opening a Corporate Bank Account in Nevis

In order to open a corporate bank account, one should prepare the following documents:

1

Two letters of reference:

  • One from your banker and
  • One from a professional (a lawyer, an accountant or any other certified professional)

These references must be made on the official letterhead specifying the address, name and phone/fax numbers of the institution.

2

Notarized copies of two different forms of government-issued photo ID (one of which should be a passport)

3

Notarized copy of the document confirming the physical address of residence (e.g. a utility bill, a bank statement, a credit card statement with your name and address on it).

4

Notarized copy of the founding documents (Memorandum, Articles of Association, etc.)

5

Notarized copy of the account holder company’s Certificate of Incorporation

6

Notarized copy of the account holder company’s Certificate of Good Standing (if more than one year old)

7

Notarized copy of the Corporate Resolution on opening of the account

8

Copy of the owner’s consolidated annual financial statements if applicable

9

Signed client’s application.

If you are interested in opening any account with a foreign bank or you would like to open a bank account in Nevis but you are not sure whether this bank is what you need, you can save your time by sending your answers to the questionnaire that will help select the right bank to the email: info@offshore-pro.info.

The nature of the funds that you plan to deposit to the account and use the account for is no less important than the confirmation of the origin of the source of funds.

Should you have any questions, do not hesitate to email our experts to info@offshore-pro.info and we will get you the answers you need!

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