The Private Bank was founded in Vanuatu in 1997, and today it is one of the largest financial institutions in the Pacific region that has an international license. In 2023, the bank offers the possibility of remote account opening for wealthy people who wish to invest their funds in international projects and use asset management services.
The Private Bank mainly focuses on serving wealthy customers all over the world. The policy of the European Economic Zone states differs from the conditions offered by the Vanuatu offshore bank. Thus, all the customers from these jurisdictions can open an account with the Vanuatu bank, but they take all the risks and possible infringements of legal norms set by the country of their residence.
Today the bank develops attractive professional investment solutions and offers an extended range of financial products, including:
- prepaid MasterCard cards
- opening an account for private and corporate customers
- trading account registration
- fixed-term deposits
- multicurrency services for incoming and outgoing transactions
- investment portfolio management and many other things
Before you open an account with the Vanuatu offshore bank, please book a session with the experts of our who will help you choose a servicing bank in accordance with your goals, capital protection level, and risks.
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with seasoned professionals on international banking and where it is best to open non-resident corporate accounts.
Products and Services of Vanuatu Offshore Bank
The Private Bank offers three main directions:
- Capital management
- Asset management
- Private banking
If you are ready to safely open an offshore bank account on a remote basis, please study the bank rates and contact our experts for advice.
Private Banking Services
The Vanuatu offshore bank offers several online service directions for private customers.
Savings and fixed-term deposits
Open a savings account with the offshore bank and receive passive income! Today, the bank offers the following conditions for foreign customers:
Deposit interest in euros:
| Amount | 1 month | 6 months | 12 months |
| <100,000 euros | 0.20% | 0.60% | 0.80% |
| 100.000 euros — 1 million euros | 0.30% | 0.70% | 1.00% |
| > 1 million euros | 0.50% | 0.90% | 1.20% |
Interest rates offered by the offshore bank on deposits in US dollars:
| Amount | 1 month | 6 months | 12 months |
| <100,000 US dollars | 0.50% | 1.30% | 1.80% |
| 100,000 — 1 million US dollars | 0.60% | 1.40% | 2.00% |
| > 1 million US dollars | 0.90% | 1.70% | 2.20% |
You can get more detailed information by personally contacting our experts to take advantage of the service of opening an account with Vanuatu offshore bank.
Prepaid MasterCard issued by Vanuatu offshore bank
A prepaid card is a more flexible gift than the gift cards offered by one seller. A MasterCard prepaid card will help you make purchases all over the world.
The MasterCard international card has a number of advantages:
- It is accepted in all the world’s ATMs that have a MasterCard logo
- It can be used for transfers and settlements at trade outlets and online services
- There are no monthly reports or interest
- Online access to the account on the 24/7 basis
- Limitless possibilities to replenish cards with affordable commissions
- You can get a monthly account statement online or in hard copy upon request
- Cards are available in different currencies
If you open an account with the Private Bank we offer, you will have an opportunity to join MasterCard to each of your accounts.
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Opening a personal account
A non-resident who wishes to open a private account with a Vanuatu bank will have to choose the account currency and prepare the documents upon request. It should also be taken into account that the offshore bank complies with international anti-money laundering requirements and applies the KYC procedure.
Bank rates for private customers:
| Multicurrency account / private banking | EUR |
| Opening an account | 500 |
| Monthly account maintenance commission (per account) | 250 |
| Account closing | 250 |
| Payments | |
| Incoming transfer via correspondent banks | Free + correspondent fees |
| Outgoing (international) payments | 0.10%, at least 75 euros, max 500 euros + correspondent bank fees |
| Internal transfers | Free |
| Other services | |
| Certificate issued by the bank | 200 |
| Audit confirmation | 100 |
| Banking help (payments correction, investigation, bank certificates, and so on) | 200 per hour |
| Courier’s services | 100 |
| Prepaid MasterCard card products | |
| Card replenishment (MasterCard commission) | from 2% |
| Cash withdrawal at an ATM (MasterCard commission) | from 1.50% |
| Commission for asset management advice | |
| Commission on non-invested amount | from 0.10% (check the minimum with the bank) |
Study other products related to servicing private customers by offshore banks and use the help of experts!
Private banking
The offshore bank offers exclusive private banking thanks to more flexibility and high level of service, as well as complex solutions elaborated with consideration of each customer’s financial needs.
Online banking
The Private Bank in Vanuatu has launched fully renovated Internet banking that allows managing your funds on a par with other international electronic services and platforms. This system uses PIN calculators for additional protection of remote access to the funds placed in the bank.
Trading services
The online trading platform unites a high level of protection and an extensive choice of trade modules. Investors can engage in trading in hundreds of instruments in different asset classes using one account.
The online trading platform makes it possible to manage your portfolio and invest in forex, shares, bonds, CFDs, and futures. Newbies can start with a demo account with virtual assets equivalent to € 100,000.
Capital Management
The bank works with individuals, families and corporate customers that are looking for a partner to manage their wealth. The bank proposes to resolve the tasks set by taking individual consultations, developing a strategy, and realizing it in accordance with the goals and individual preferences.
The services of the offshore bank also include discretionary portfolio management. This option will suit clients that are planning to delegate the management of their assets to a team of professionals.
The Procedure of Opening a Private Account with Vanuatu Private Bank
- Contact us by email info@qwealthreport.com to get a professional consultation on opening a bank account.
- You will need to pay a commission in the amount of 2999 EUR for assistance in opening a personal account with Vanuatu offshore bank. You can use any available payment option: card, transfer to the account, Money Gram, WesternUnion, WebMoney, Bitcoin and cryptocurrency, or bank transaction.
- Our specialists will start collecting information to open a personal account. You will need to provide the following documents for all account owners and signatories:
- Filled out, printed out, and signed bank forms to open an account
- A notarized foreign passport copy (the pages with photo and signature)
- Proof of residence address (the document should not be older than 3 months), such as a notarized copy of a utility bill or a bank statement to confirm the address of residence.
- Get access to the online account in the offshore bank and start using all available products!
If you want to open a personal account with a Vanuatu bank, please get in touch with us using the contacts on the website or leave a message to the online operator.
