Banking secrecy in the country is strictly enforced by law. Authorities have no direct access to bank information. Court order is required to get such access, even so, with our VPBS account service, no information will be revealed. The country has in 12 signed and ratified double tax treaties with Belgium, Germany, UAE, United Kingdom, Barbados, Antigua and Barbuda, Saint Kitts and Nevis, Trinidad and Tobago, Saint Lucia, Grenada, Jamaica, Guyana, Saint Vincent and the Grenadines, Dominica, Austria and all African countries. The country also has 12 signed and ratified Tax Information Exchange Agreements (TIEA) with Netherlands, United Kingdom, Australia, Greenland, Finland, Iceland, Denmark, Faroe Islands, Norway, Ireland, France and Mexico. The TIEAs with Belgium, Sweden, Portugal and Poland are pending ratification.

All required corporate documents are prepared and submitted to the bank by our agents throughout the world. We have agents in Europe, Belgium, Germany, Africa, Asia, North and South America.

The bank requires the following personal documents from each beneficial owners and authorized signatories: A notarized copy of the valid passport (pages containing photo, signature and personal details) reference from an existing customer of our bank, who has known the person for at least 2 years.

Our clients, who use the bank introduction services are not required to visit the bank in person. Client has to send his personal documents and completed and signed bank forms to our office.

The minimum amount required for the establishment of a current account is US$100,000. When the account is opened, a client receives an email from us confirming account details. Upon receiving the initial deposit the bank makes the account active and ready for business.

A minimum balance of US$10,000 is required to be maintained at all time. Monthly fee of US$100.00 is charged if the balance falls below US$100,000.00.

The bank usually opens a corporate account in 1 to 2 business days after receiving completed application forms, corporate and personal documents and verification of clients personal documents and business information. Our new client acceptance rate is around 3%. About 97% of applications are declined due to inability of the clients to provide required personal documents or confirm their references. Our clients, have high level of satisfaction. Especially, they admit excellent online banking system, which is very user friendly and reliable. Clients also like the fact that they receive email notifications of each transaction they perform.