Establish Corporate Banking for Your St Kitts and Nevis Company
Pair your St Kitts and Nevis entity with a corporate bank account suited to international operations. Our team provides end-to-end guidance through the application — ensuring your company is positioned to transact globally from day one.
Remote opening
Your St Kitts and Nevis bank account can be opened without setting foot on either island. The application is structured entirely for remote completion with step-by-step support.
Multi-currency
Conduct business across currencies through a single Nevis-based account. Maintain balances in USD, EUR, GBP, and other denominations as your operations require.
Global network
Banking from St Kitts and Nevis connects you to the wider Eastern Caribbean financial system and international correspondent banks for cross-border transactions.
No restrictions
Nevis entities benefit from zero foreign exchange controls. Allocate and transfer capital across any jurisdiction without regulatory hurdles on currency movement.
What Nevis Banking Offers Your Company
How St. Kitts and Nevis provides a supportive framework for international corporate banking
The St. Kitts and Nevis Banking Framework
Dual-Island Financial Centre With ECCB Monetary Oversight
St. Kitts and Nevis benefits from the monetary stability of the Eastern Caribbean Central Bank, while Nevis in particular has cultivated a well-regarded financial services sector under the Nevis Business Corporation Ordinance.
No Local Capital Deposit Requirements for Nevis Entities
Companies formed under Nevis legislation are not mandated to hold capital in local accounts, granting full discretion over where corporate funds are maintained.
Unrestricted Foreign Currency Transactions for International Companies
International business corporations enjoy exemption from exchange controls, enabling free movement of funds in US dollars, euros, and any other currency without government approval.
Progressive Compliance With International Regulatory Standards
The Financial Services Regulatory Commission actively strengthens the federation's AML/CFT framework, enhancing the jurisdiction's standing with global correspondent banks.
Banking Partnerships Spanning the Caribbean and Beyond
Nevis entities are recognised by banks throughout the Eastern Caribbean, as well as by select institutions in North America, Europe, and Asia that serve international corporate clients.
Banking Tools Available to St. Kitts and Nevis Companies
Multi-Currency Accounts Through Regional and Global Banks
Open accounts in USD, EUR, and other international currencies through ECCB-regulated banks locally or through global banking institutions that welcome Nevis-incorporated companies.
SWIFT-Enabled Transfers for International Commerce
Send and receive funds across borders through the SWIFT network, with connectivity that supports trade relationships in the Americas, Europe, and beyond.
Modern Online Banking Platforms and Card Solutions
Manage accounts remotely with internet banking services and access international debit and credit cards for operational expenses and travel.
Openness to a Variety of Business Activities
Banking partners serving St. Kitts and Nevis entities tend to accommodate a broad range of commercial activities, from international consulting to asset holding and trading.
Flexible Account Opening Procedures Including Remote Options
A number of banks accept applications from Nevis companies without requiring directors to be physically present, simplifying the onboarding experience.
Why Choose Expanship for St Kitts and Nevis Banking
Banking for a Nevis entity involves compliance expectations specific to the Eastern Caribbean financial system. Our team has direct experience guiding St Kitts and Nevis companies through the account opening process — from documentation to final activation.
Expert Banking Guidance
Our team has hands-on experience with St Kitts and Nevis banking procedures, understanding the specific documentation and compliance expectations for Nevis entities.
Proven Banking Network
Your St Kitts and Nevis company gains access to banking institutions familiar with Eastern Caribbean corporate structures and international operations.
Application Documents
We handle the preparation and review of every document required for your Nevis entity's bank account, ensuring accuracy and completeness before submission.
Smooth Application Path
A well-tested process helps your St Kitts and Nevis banking application progress without common delays or repeated information requests.
Compliance Assurance
Your application is structured to meet all ECCB compliance standards, international AML requirements, and jurisdiction-specific banking regulations.
After-Opening Support
We stay involved after your account is operational — assisting with compliance matters, banking communications, and any adjustments needed down the line.
St Kitts and Nevis Banking Options
Discover banking solutions suited to your corporate structure, spanning traditional institutions and digital-first platforms with international reach and flexible currency support.
St Kitts and Nevis Account Opening Pricing
Fixed-fee packages for professional bank account opening support. Begin with complimentary digital banking or opt for full traditional and digital coverage.
Digital Banking Package
Get your Nevis entity connected to a reliable digital banking platform quickly
What You Get
- Assisted setup with one digital banking platform
Already bundled at no charge when you choose our St Kitts and Nevis incorporation packages
Unlimited Banking Package
What You Get
- Guidance across unlimited traditional banking institutions
- Guidance across unlimited digital banking providers
Banking Consultancy
Tailored advice on banks suited to Nevis entity structures and your particular business activities
Document Review
Comprehensive preparation and verification of all paperwork before banking submission
Certified Document Support
Certified corporate documents and courier logistics for banking applications offered as add-on
Appointment Facilitation
Organising any meetings or calls required by the banking institution during the application process
Opening a St. Kitts and Nevis Bank Account
A guided, step-by-step pathway to securing a bank account for your Nevis entity. We coordinate everything so you can stay focused on running your business.
Determine which banks align with your business needs
We review the banking landscape to find institutions well-suited to St. Kitts and Nevis entities, factoring in your business type, currencies needed, and transaction requirements.
Collect required documents and prepare submission
All necessary documentation — from incorporation certificates to proof of identity — is organised, certified where required, and compiled into a ready-to-submit package.
Support the bank's review and answer questions
We serve as the point of contact between your company and the bank during their compliance review, addressing every question and providing requested materials efficiently.
Await the final decision and begin banking
When the bank's decision arrives, we coordinate next steps. Approved accounts are activated promptly, while any declines trigger an immediate search for alternative solutions.
St. Kitts and Nevis Banking Requirements
Documentation and eligibility criteria for securing a bank account for your Nevis-incorporated entity. We guide you through each requirement to ensure a smooth application.
Certificate of Incorporation
Incorporation certificate issued under the Nevis Business Corporation Ordinance
Articles of Incorporation
The company's governing articles as registered with the Nevis Financial Services Department
Certificate of Good Standing
Certificate confirming the entity remains in compliance with Nevis corporate requirements
Register of Directors
Current record of all directors of the Nevis business corporation
Register of Members
Updated listing of shareholders and ownership percentages in the company
Economic Substance Documentation
Substance filings where the company's business activities require economic substance reporting
Director Passport Copies
Certified copies of valid passports for each director of the Nevis entity
Residential Address Confirmation
Recent proof of home address for each director, dated within 90 days
Director Professional History
CV or resume summarising the professional experience and qualifications of each director
Professional or Banking References
Reference letters from the director's bank or a recognised professional
Business Plan
A structured outline of the company's intended activities, target markets, and competitive positioning
Revenue and Expense Projections
Financial forecasts for the first 12 to 24 months, covering expected income and operating costs
Banking Activity Forecast
Estimated transaction volumes, payment frequencies, and currency denominations
Source of Funds Evidence
Documentation proving the lawful origin of funds that will flow through the account
Key Business Relationships
Information about the company's primary clients, service providers, and geographic focus areas
Frequently Asked Questions
Clear answers to common questions about opening and maintaining bank accounts for Nevis-incorporated companies
The account opening process typically takes 2 to 6 weeks, depending on document readiness, the bank's due diligence schedule, and the complexity of your company's structure and activities.
Yes, a number of banks offer remote onboarding for Nevis companies through video calls and digital document submissions. However, specific banks may require an in-person meeting as part of their internal procedures.
Opening deposits typically range from $1,000 to $100,000+ depending on the bank and account level. We provide clear deposit expectations for every banking option we present.
Yes, banks need to understand the nature of your business. You'll typically be asked for a business plan, examples of client contracts, invoices, or other materials that demonstrate your company's commercial activities.
Yes, banks typically require apostilled corporate documents and notarised personal identification. We organise all document certification and authentication as part of the application process.
Corporate documents should be issued within the past 6 months. Certificates of Good Standing are generally required within 30 to 90 days. We ensure all documents meet the bank's specific standards.
Banks may accept scanned copies for the preliminary review stage, but certified originals or hard copies are usually required to finalise the account. We clarify the requirements upfront.
Non-English documents will need certified translations. Since English is the official language of St. Kitts and Nevis, most corporate documents are already in English. We arrange translations for any supporting materials as needed.
Banks expect disclosure of all individuals owning 25% or more. You'll need to provide passport copies, address proof, and an ownership chart or explanation that traces the chain of ownership to the ultimate beneficial owners.
Banks may ask about your company's economic substance, particularly for relevant activities. Being able to demonstrate genuine business operations and substance supports a stronger banking application.
Yes, some banks have restrictions on sectors they consider higher risk, such as cryptocurrency, gambling, or unregulated financial services. We identify banks whose policies are compatible with your specific business.
Maintain up-to-date corporate records, respond to periodic bank reviews, report any changes to directors or shareholders, and ensure ongoing compliance with all relevant substance and regulatory requirements.
Expect monthly account maintenance fees ($50–$500+), wire transfer charges ($15–$50+ per transaction), minimum balance fees, and currency conversion charges. We present a clear fee overview for each banking option.
Yes, minimum balances typically range from $5,000 to $500,000+ depending on the bank. Accounts that fall below the required minimum may incur additional monthly charges.
Most banks offer business debit cards, with credit card availability dependent on the company's financials and any personal guarantees provided. We detail card options during the bank selection phase.
Banks generally offer secure online platforms for balance monitoring, international transfers, payment scheduling, and statement management. Many also provide mobile apps for on-the-go access.
Account closures can occur due to compliance issues, policy updates, or changes in your company's activities. We recommend diversifying banking relationships and can assist in identifying replacement banks if needed.
Get St. Kitts and Nevis Banking Assistance
Curious about banking options in St. Kitts and Nevis, account requirements, or the application process? Let our team provide the answers.
