Multi Currency Bank Accounts
Multi currency bank accounts allow our clients to conduct business transactions with their international clients all over the world. British Caribbean Bank International facilitates its clients’ international needs to trade and transact with its suppliers, customers and merchants via the convenience of multi-currency bank accounts. There are many advantages to opening a multi-currency account with British Caribbean Bank International. We make it easy for you to conduct business with international companies and you can transact in Canadian dollars, Us Dollars, British Pounds and Euros. Our offshore multi-currency bank accounts are not under the same restrictions as nationally based accounts. Multi-currency bank accounts allow you benefit of not having to pay the traditional exchange rates you normally would if you had to purchase foreign currency each time you need it. Your multi-currency bank account is also tax free, allowing benefits in the efficient management of your finances.
Transacting across borders with the use of multi currency bank accounts has proven to be a safe and secure way of doing business. British Caribbean Bank International has met and exceeded the requirements set by the Central Bank of Belize who set strict liquidity and capital adequacy ratios. All accounts are set up through legitimate and strict banking processes as outlined by the regulatory agency in Belize.
Setting up a multi-currency account is easy, however there are a few qualifications you must meet. We ask that all account holders keep a minimum of US$1,000 or equivalent currency be maintained at all times. Business accounts must submit their Certificate of Incorporation Articles and Memorandum of Association. Personal and business accounts must also provide the following due diligence documents:
- notarized copy of passport
- professional reference letter
- copy of utility bill
- bank reference letter
We offer convenient online banking for businesses with multi currency bank accounts. Accounts are available in US Dollars, Canadian Dollars, Pounds and Euros. With 24-hour online banking, you can check your account balances and conduct bank business any time of day or night. Both our personal and corporate multi currency bank accounts allow account holders to expand their business to new horizons. They can quite easily take their products and services to an international market.
To apply for an account, visit the “Applications” page of this website. Please fill out the application that best represents the type of account you wish to open. Then, submit all required paperwork and forms for approval. We approve new accounts in as little as 48 hours. Once your account has been approved, you can immediately enjoy all the benefits of banking with our financial institution. We are committed to providing quality services to our clients opening multi currency bank accounts.
