Open a Corporate Bank Account in Saint Lucia Remotely

One of the best financial institutions in the Caribbean is a bank located in Saint Lucia. We would like to offer you the opportunity to open a corporate account with a respected international bank in Saint Lucia without having to visit the island in person.

The bank in Saint Lucia is located in an independent and economically stable island, which is the state of Saint Lucia. The jurisdiction is situated in the Caribbean Sea, and is part of the Windward Islands, in turn part of the Lesser Antilles, and then in turn part of the West Indies. We are here to help you get a corporate account, lending your business credibility and providing you with many benefits. You can contact us and, if you want, arrange a consultation. You can have a complimentary fifteen-minute session or a paid meeting with an expert in offshore banking, which lasts one hour and is priced at 300 euros, temporarily reduced from 500 euros.

About Saint Lucia and the bank

The island has a colonial past, but today it is an independent state that focuses on several key industries, including tourism, financial services, and agriculture. Climate conditions and fertile soils enable the island nation to cultivate a diverse range of crops, including bananas, coconuts, mangoes, cocoa, citrus fruits, grapes, and sugarcane, while also attracting many visitors to its natural beauty.

The bank reports to the Department of the Financial Services Regulatory Authority of Saint Lucia and the East Caribbean Central Bank. The bank has well-established correspondent relations and reliable financial and investment partners to provide investment services to the bank’s clients.

The bank in Saint Lucia is a subsidiary of ECFH (East Caribbean Financial Holding Company Limited), a publicly traded financial company listed on the Eastern Caribbean Stock Exchange. It is the leading financial group in Saint Lucia, and also has a banking license.

ECFH is a product of the merger of two financial institutions, the National Commercial Bank (NCB) and the Saint Lucia Development Bank (SLDB). The merger took place in 2001 and allowed the new financial institution to develop and offer its clients a wider range of banking, financial, and related services and products.

The group’s shareholders are the Government of Saint Lucia, the Republic Bank Limited, and a consortium of five indigenous banks and financial institutions of the OECS, the National Insurance Corporation (Saint Lucia), while the remaining 30% is owned by more than 4,000 individual and corporate investors from all over the Caribbean region.

The bank in Saint Lucia can offer its clients multi-language support, but the main language is English, as this language is also the main language of business communication in Saint Lucia. You can also get service in Spanish, French, Portuguese, and German, if necessary.

Financial Structuring and Individual Solutions

The bank’s business model in Saint Lucia is built on achieving the unique goals of the offshore partners and clients. The bank understands the need for international business for a reliable financial institution that can offer flexible cooperation and carry out its work not only responsibly, but also at the maximum confidentiality level.

As for the bank in Saint Lucia, you can be confident and absolutely comfortable, as the bank will take your priorities and plans seriously, achieving your international investment objectives, and doing everything required for the proper structuring of your business. Professional bank staff can render you assistance in many areas:

• Money and/or loan-backed securities;
• Financial escrow services;
• International payroll services;
• Trust and property structuring, as well as corporate services;
• Banking services for mutual funds;
• Management of capital;
• Confidentiality.

Clients’ Professional Status

The bank in Saint Lucia offers all of its clients the opportunity to obtain a Preferential Professional Status for intermediaries that require banking partners to work with them.

The bank understands the importance of efficient and flexible international banking for intermediaries in today’s banking environment, which is why it has launched a program in Saint Lucia that easily accommodates client portfolios from different organizations.

The main features of the Preferential Professional Status:

1. Streamlined Application & Due Diligence
The bank in Saint Lucia simplifies the application process by conducting a one-time legal review of documents. This is ideal for trust service providers and other professionals managing client structures, as it eliminates repeated due diligence for each entity involved.

2. Pre-Approved Organizational Structures
Certified structure charts can be developed jointly by the bank and the Preferential Professional. These charts define the relationships within each structure, reducing the need to submit due diligence documents for every participant. Instead, the Preferential Professional may provide a single report upon request.

3. Dedicated Support Team
Preferential Professionals receive support from designated bank representatives, including customer service and relevant departments. This ensures both the client’s needs and the professional’s portfolio management requirements are met efficiently.

4. Annual Portfolio Review
The bank conducts yearly meetings with Preferential Professionals to assess needs, performance, and potential improvements for managing client portfolios.

5. Reduced Fees
Preferential Professionals may qualify for fee discounts based on the size and transaction volume of their portfolios, allowing them to pass cost savings on to their clients.

Opening of a Corporate Bank Account in Saint Lucia

The bank we recommend offers the option to open corporate accounts remotely to all its potential clients. The account opening period typically takes five to seven days after the bank receives all the necessary documents.

• The minimum deposit amount: The bank in Saint Lucia requires a minimum deposit of 5,000 USD to open an account.
• The minimum account balance amount: The minimum initial account balance is approximately 5,000 USD.

Multicurrency deposit account

The bank maintains the most reliable and reputable correspondent accounts and has established the best financial and investment partnerships, enabling it to offer highly competitive terms and conditions for opening multicurrency deposit accounts.

Currently, the bank in Saint Lucia offers deposit accounts in 15 currencies, which allows account holders to avoid converting the account balance into the main currency of the account once it is credited. Multicurrency payments are processed via the international SWIFT system, and all transactions are completed within 24 hours.

SWIFT offers multicurrency deposit accounts in the following currencies:

USD	GBP	EUR
CAD	JPY	AUD
HKD	NZD	SEK
CHF	THB	NOK
ZAR	AED	XCD

The initial deposit amount usually starts from 25,000 USD or its equivalent. The deposit term can amount to 30, 60, 90, 190, 270, and up to 365 days. The rate will depend on the deposit term, and the interest will not be taxed in Saint Lucia.

The bank’s multi-currency accounts in Saint Lucia are excellent not only for international trading companies, international financial service providers, and other businesses and ventures.

Online Banking at the Bank in Saint Lucia

The bank in Saint Lucia offers online banking with 24/7 access. You will be able to check your account balance and make transactions from any part of the world.

To communicate with the bank conveniently and confidentially, the bank offers the option to use special secret messages.

Safe and secure access to your account will be ensured by a special device called TOKEN that is given to all of the bank’s clients.

Credit Cards Issued by the Bank in Saint Lucia

With our recommended bank, you can become a credit card holder of the sister bank in Saint Lucia.

Having received your credit card application, the bank will forward it to its sister bank, which will process the application. The application processing time is up to 7 days.

Before applying for a credit card, you must ensure the guarantee amount in the account to which the card will be linked. Once the credit card is ready, the bank will forward it to you by FedEx courier mail to the specified address.

Main Features and Requirements for Acquiring Credit Cards:

• All credit cards must have a guarantee deposit of 125% of the credit limit.
• All cards are issued in USD only.
• When filling out the credit card application, you must specify the credit limit of the card and its type.
• VISA or MasterCard is available as a personal card. Corporate cards are VISA only.
• The annual card maintenance fee is as follows: 60 USD for personal cards; 150 USD for corporate cards.
• A statement on the cards will be provided monthly by the sister bank in Saint Lucia. You will be able to get a copy in the PDF format by email.
• Your card will be completely covered from your account balance every month.
• The bank can replenish your card for you; this service costs 15 USD.
• If your cards become closed, the balance will be transferred to your settlement account within 150 days. It is necessary to cover all the possible card expenses that could be delayed.
• Should the card lack enough money, the required amount of indebtedness can be written off from your guarantee account.
• The interest of 0.30% is accrued on the amount exceeding 10,000 USD if the amount is in the guarantee account.
• You will receive a Personal Identification Number (PIN) after you have received your credit card.

Credit cards can be used at ATMs for cash withdrawals.

The daily limit for cash withdrawals is 2,000 USD per day within a transaction of USD 1,000 USD

The weekly limit is five withdrawals a week, and a total amount of 5,000 USD.

Credit Card Fees

Cash withdrawal from ATMs	USD 12.00 or 2.5% (which is more) of the transaction amount
POS (Point of Sale) terminal transaction	Free of charge
Card interest rate	1.625% per month
Prepaid Credit Cards
Cash withdrawal	Maximum USD 1,000 per withdrawal (USD 2,000.00 a day);
Cash withdrawals within 7 days	Maximum of USD 5,000
Prepaid Card Fees
New card	USD 10.00
Extra card	USD 8.00
Card replacement	USD 15.00
Card extension	USD 7.00
Card crediting fee	USD 15.00
Cash withdrawal	USD 2.50
POS (Point of Sale) terminal transaction	USD 1.00

Procedure for Opening a Corporate Bank Account in Saint Lucia Remotely

To receive this service from the Offshore Pro Group experts and have your bank account in Saint Lucia opened, please get in touch with us by email at in**@***********rt.com.

Then you will need to pay a service fee charged for the assistance in opening your account with the bank in Saint Lucia. The service fee can be paid by card, via Western Union, WebMoney, or bank transfer. The service cost starts from 3999 EUR.

Having received your payment, we will begin the process of preparing your papers.

For opening the account, individuals will be required to provide the following documents:

• Filled out, printed, and signed copies of the bank forms for opening the account;
• Notarized copy of the travel passport or another ID with the photograph and signature pages.
• Proof of residence that should include copies of your utility bills, or bank statements (credit cards), which reflect the valid address required to confirm your residence address.

Note: The utility bill information should not exceed three months by the time the package of documents is submitted for registration. The utility bills must be translated into English, notarized, and clearly reflect the residence address of a particular individual.

• Reference letter from a professional, such as a banker, a certified accountant, or a lawyer.

Note: The reference letter must be written in English and issued no later than two months prior to account opening. The client should have had a professional relationship with the individual for at least two years prior to applying.

A company must present the full package of corporate documents, as well as details about the structure of the company or trust (in case it is a trust), and all the other details that the bank may request:

• Notarized copy of the Company’s Certificate of Incorporation/Certificate of the Company’s Good Standing (if the company has been in existence for more than one year).
• Notarized copy of the General Meeting Minutes and the Articles of Association of the legal entity/structure/operating agreement, and the Memorandum or By-Laws. 
• Certificate of Shareholders/Subscribers.
• Subscribers’ appointment of the company’s director.

IMPORTANT: All the documents must be translated into English and notarized.

The corporate bank account in Saint Lucia will enable you to proactively manage your assets and enjoy various products that help multiply your capital. Should you wish to start the procedure of opening your corporate bank account in Saint Lucia, please do not hesitate to email us at in**@***********rt.com. Remember, you have your choice of consultations too:

• Free, fifteen minute session, ideal to get some questions answered or have an overview of our service,
• Paid, one-hour session with an expert in offshore banking, to dig deeper into your tailored solution, priced at 300 euros, temporarily reduced from 500.