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Overview
Headquartered in The Bahamas, Deltec is an independent financial services group that delivers bespoke solutions to meet their clients’ unique needs.
Account opening: 7-14 working days
Overview:
The Bahamas has been an independent nation since 1973 and is one of the oldest, most stable democracies in the Western Hemisphere, with more than 280 years of uninterrupted parliamentary democracy. Conveniently located in the same time zone as New York and Miami, The Bahamas is an ideal location for investment and business.
Headquartered in The Bahamas, Deltec is an independent financial services group that delivers bespoke solutions to meet clients’ unique needs. The Deltec group of companies includes Deltec Bank & Trust Limited, Deltec Fund Services Limited and Deltec Investment Advisers Limited, Deltec Securities Ltd. and Long Cay Captive Management.
Advantages of bank account opening:
- ▪ A tax neutral platform – with no income, estate, inheritance or capital gains tax, and no restrictions on the repatriation of funds
- ▪ No forced heirship laws for domiciled assets
- ▪ Highest ranking nation for civil liberties and political rights by the World Bank
- ▪ Home to approximately one third of the world’s top 100 banks – and easily accessible to international financing and global capital markets
Comprehensive Guide to Company Incorporation
Account relationship requirements
Clients are expected to maintain a minimum of USD 300,000 (or equivalent) in investments and/or cash with Deltec. Minimum fees apply for all accounts (exceptions could apply for clients with more than one account)
N.B.
- ▪ Bank may change its tariffs at any time thus please visit bank’s website or contact us in order to receive updates, on specific charges or fees please contact us or bank.
- ▪ Bank may additionally charge for any other supplementary services.
- ▪ Above listed fees or any other additional fees, charges or commissions that may be required by bank are not part of our professional fees for assistance of opening a bank account.
The bank offers range of services and products
- ▪ Personalised account service
- ▪ Savings & term deposits
- ▪ International wire transfers
- ▪ Treasury& Foreign Exchange services
- ▪ Card services
- ▪ Trading services
- ▪ Online banking
Please provide us with the following documents
- ▪ Apostilled Certificate of Collation or set of corporate documents
- ▪ Apostilled Certificate of Incumbency (not older than 3 months)
- ▪ Apostilled Certificate of Good Standing (not older than 3 months)
- ▪ Notarized copies of UBO and Director’s passports (not older than 3 months)
- ▪ Proof of address of UBO and Director/s, e.g. utility bill etc. (not older than 3 months)
- ▪ Bank reference (of each Director)
- ▪ CV (of each Shareholder and Director)
N.B.
▪ If documents are not in English language, then they must be accompanied by a notarized translation.
▪ If Directors and/or Shareholders are legal persons, the full set of apostilled company documents must be submitted.
▪ Any shortcomings in application forms may cause delay affect the bank account opening time.
▪ The list of required documents is indicative documents checklist and additional documents may be requested by the bank.