Corporate bank account in Antigua with the North International Bank from 3,999.00 EUR
We offer you an opportunity of remotely opening a foreign corporate bank account in Antigua and Barbuda with the North International Bank (NIB) to protect and manage your assets. We suggest you use our services and open your account remotely given the circumstances of the current pandemic.
NIB is a well-respected financial institution located in Antigua. The bank offers its services to both corporations and private individuals. NIB is functioning well and complies with all the standards to maintain proper relationships with the correspondent banks which is of special importance today.
The bank is subject to the Financial Regulator in Antigua and Barbuda, the Financial Services Regulatory Commission (FSRC).
This public body strictly monitors the compliance with all established international standards, as well as compliance with the Antigua and Barbuda International Corporate Business Act. The regulatory system is 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 new compliance procedures based on the Anti-Money Laundering Recommendations. This is a fundamental basis for the acceptable operational activities of banking institutions that affect the reputation of the banking industry in Antigua and Barbuda.
NIB is an example of the well-established compliance with all the requirements, both on the local and international level, which significantly inspires confidence in the future of the bank.
The goal of the North International Bank is to provide an extended range of banking services and products to its customers based on the philosophy of heritage preservation, privacy and high quality of service, as well as maintain personal contact that customers deserve.
The bank wants its customers to always receive the maximum possible for the minimum price. At the same time, the bank can offer all the basic services typical of 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 [email protected].
Settlement account with the North International Bank
You can open an account with NIB remotely. This means that you will not have to visit the island. In addition, the bank offers not 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 classic settlement account that does not bring a return to its owner. It is mainly suitable for medium-sized and small businesses for their daily operations. The account allows you to carry out as many transactions as you need.
Via Blue Account you can also use your MasterCard Debit Card and 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 on the continuous basis | USD $5,000.00 |
| Commission charged if the balance goes below the minimum | USD 40.00 |
| Monthly service fee | No |
| Excess transaction fee | USD 20.00 |
Black Account (Settlement account with interest)
This corporate settlement account involves a return from the balance on the account. Interest will accumulate on a daily basis to be paid at the end of each month. The account will allow you to use it in the framework of your international business activities to facilitate the management 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 on the continuous basis | USD 10,000.00 |
| Commission charged if the balance goes below the minimum | USD 40.00 |
| Monthly service fee | No |
| Excess transaction fee | USD 20.00 |
| Cost of international payment | USD 10.00 |
Payment cards from the North International Bank
You can open several payment card options with NIB. Some of them are debit, some are credit cards. The bank works 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 is a payment alternative to cash. The card is accepted all over the world and offers all the convenience 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 have continuous access to your funds. This card also includes the following possibilities:
- Cash withdrawals from ATMs;
- Payment for services and goods via POS terminals with no need of using cash;
- Customer Service 365 days a year by phone: +18778334814;
- You can also check your balance via online banking in the bank’s website: www.northinternationalbank.com.
24/7 Multilingual Internet banking
Like any other financial institution, NIB has taken care of creating a reliable Internet bank. 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 your location.
The technology platform provides services in English or Spanish. The main services you can get via 24/7 Multilingual:
- 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 control over the employer’s funds.
Once the card is reloaded, the employee will be free to use it to pay for services and goods anywhere in the world where MasterCard is accepted, as well as to withdraw cash from the ATMs.
Main features of the card:
- Presence of the MasterCard logo
- Card to be prepaid by direct reloading into the card account;
- Accepted in ATMs and POS-terminals;
- Easy access via the online system, text and phone.
Cardholder’s benefits:
- Instant access to 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 benefits:
- Reduce the cost of cashing out, writing checks, etc.;
- Detailed reporting;
- Easy to complete a task and provide convenience to the employees.
The procedure for opening a corporate account with the North International Bank
- The first and the main step is your intention to become the owner of a corporate account with the North International Bank. You need to contact us by email to [email protected] for professional advice on opening your bank account.
- Having received a consultation, you will 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 EUR 3999.
- Next we will move on to collecting the information that is necessary for opening an 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 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 a utility bill or an original 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 registration package is submitted, and must be translated into English and notarized. Or 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 banks where you already have bank accounts;
- Two reference letters from professionals (lawyer, attorney, certified accountant, 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. The deadline for opening your account after receiving all the papers will be about 10 days.
Please contact us by email [email protected] 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.