St. Vincent and the Grenadines (SVG) is found in the Caribbean, 1600 miles southeast of Miami and 100 miles from Barbados. SVG is comprised of a group of 18 small islands of which ST. Vincent is the largest. At the present, SVG is an independent parliamentary democracy, with a legal system based on common law. Its currency is the East Caribbean Dollar (XCD) and is linked to the USD, at an exchange rate of about 2.7 XCD=USD 1.00. This currency is managed is managed by the western Central Caribbean Bank, with headquarters in St. Kitts. SVG’s population is over 105 thousand. The economy transitioned from depending on sugar to depending on bananas; however, tourism is now the main source of income. The government has dealt with improving the SVG’s reputation as a Center for financial services. The International Authorities for financial services was created by Parliament for instituting a new administration system and controlling the offshore financial services industry. The most important sectors are banking, trust funds, securities, and mutual funds. There are more than 9 thousand international trading companies registered in SVG. Historically, SVG has maintained strict client confidentiality, even after it approved the law for information exchange in 2002. After the new legislation was approved by the SVG, the FATF eliminated it from the “grey list” esteemed the steps taken by this country to avoid money laundering as very positive.
Offshore Banks of St. Vincent
International Authority for Financial Services
Telephone: + (784) 456-2577
Key Account Managers for special personal and corporate clients. Account opening in two days, upon reception of complete documentation Customer Service in 16 languages available 24/7. Representative Office in Europe, Hungary Digipass device. Authentic ...
Individuals, families, trusts, and corporations can open a variety of investment and retirement accounts with Euro Pacific, including IRAs, and Roth IRAs. Those with $50,000 or more to invest can choose Euro Pacific’s signature managed account portfolios ...
B2B Bank Ltd is a privately held international bank, registered and operating in St. Vincent and the Grenadines. The Bank is licensed by the Financial Services Authority of St. Vincent & the Grenadines and is authorized to conduct a broad range of banking ...
Scotiabank St.Vincent, a subsidiary of The Bank of Nova Scotia, offers a comprehensive line of retail and commercial services including electronic cash management services through our network of branches across the region
The Bank of Saint Vincent & the Grenadines, formerly the National Commercial Bank (SVG) Ltd. was founded in June 1977 by The Honorable Robert Milton Cato the then Premier of Saint Vincent with 11 staff members at a single Branch. The current staff complem ...
RBTT Bank Caribbean Limited, a member of the region's leading financial Group - The RBTT Financial Group, was incorporated in St. Vincent and the Grenadines in 1985. We are a dynamic, growing, regional, bank which identifies with the needs of our customer ...
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