Bank account in Vanatu Caribe

Vanautu Bank Account –  Account Opening and Customer Identification Requirements

Private Bank in Vanatu  Uniquely positioned, Vanuatu is determined to preserve banking secrecy which makes it an excellent choice for business. Clients can benefit from the tax-friendly regulatory framework and there is no direct taxation in the country. Vanuatu offers the ideal balance between client confidentiality and compliance Private bank specialised in wealth and asset management, servicing clients from around the world Prior to the opening of a new account in Vanuatu, Bank requires the following documentary and identification requirements to be met:

Originals of the completed bank documentation must be held: Signature Card Letter Opening Account (where appropriate for business accounts) Transaction Questionnaire General Terms & Conditions Debit Card Application form Indemnity - Payment and Other Instructions by Facsimile

For Personal accounts the identifications provided must total up  to a minimum of 100 points.In addition, proof of residential address must be provided to the Bank. Examples of acceptable evidence of residential address are utility bills or bank statements.

For Business Accounts the following minimum identification  criteria must be met:

Certificate of Incorporation and Memorandum and Articles of Association, or an equivalent document such as a partnership agreement and Minutes of directors meeting authorising the opening of the account and Opinion from existing bankers (if any) and All account signatories,directors,share holders and beneficial owners must satisfy the Personal Account identification criteria and provide evidence of their residential address as detailed above

Originals of all documents must be sighted.

Please Note

If the account is not being opened in person (ie. by mail) copies are acceptable provided they have been certified as being true copies by a Justice of the Peace or Commissioner of Oaths.