Bank account opening in Antigua and Barbuda with Global Bank of Commerce.

International corporate bank account with e-banking facilities with Global Bank of Commerce in Antigua & Barbuda. GBC bank is focused on non-resident individuals and offshore companies and offer attractive interest-bearing accounts for day-to-day transactions.

Please note:For the account opening procedure you will need to provide a full set of apostilled company documents if your company is registered outside of Antigua.

PACKAGE SERVICES

Corporate account opening fees with full e-banking facilities

  • Verifying personal & corporate documentation
  • Completion of the bank forms which will be forwarded to you for signing with relevant instructions
  • Sending the full package to the bank for approval
  • Monitoring the account opening process until account allocation and banking package is received

We consider our service completed once you obtain the bank account number. Due to the bank-customer relationship, we will no longer be able to contact the bank on your behalf after the bank account is opened.
$ 650
ADDITIONAL SERVICES
BANK PRODUCTS & SERVICES

Prepaid Card

Assistance with obtaining of one Prepaid MasterCard.
$ 100

Payment methods

TOTAL: $ 650

Facts & Info for Global Bank of Commerce:

About the Bank

Global Bank of Commerce Ltd. ("GBC") is a Caribbean owned and operated international bank, offering attractive financial products to its regional and international customers since 1983. It was the first Bank to be licensed in Antigua and Barbuda under its International Business Corporations Act, 1982

Antigua and Barbuda is a highly regulated jurisdiction. International banks are supervised by the Financial Services Regulatory Commission (FSRC) and are required to be compliant with international banking standards.

The bank is a member of the Caribbean Association of Banks and has relationships with another 30 Caribbean banks and credit unions. The bank is a member of SWIFT and well established correspondent relations with significant banking partners in North America and Europe.

Facilities

WHAT GLOBAL BANK OF COMMERCE OFFERS:
  • Full range of banking services.
  • Accounts in all major currencies
  • Customer support in English and Spanish
  • An attractive interest-bearing accounts for fixed term deposits
  • Limited Internet-banking facilities
  • Prepaid MasterCard
  • Non-personalized MasterCard Prepaid
  • Global E-Commerce Merchant Acquiring
  • Corporate and Trust Services
  • Private Banking and Asset management

The approximate timeframe for account allocation is 5 business days upon receipt of the original documents by the bank.


BANK TARIFFS AND CHARGES
Global Bank of Commerce can be considered as a middle-cost bank with respect to incoming/outgoing payments and account maintenance. The bank charges for incoming transfers are USD 25. The charges for outgoing transfers vary between USD 5 – USD 500, depending on the amount of transfer. The account maintenance fee for a corporate account is USD 10 per month.

  • PLEASE NOTE that bank tariffs may be changed anytime at the sole discretion of the bank, we therefore suggest to contact us or visit the bank’s website for updated details on specific fees and charges.
  • STARTING BUSINESS professional service fee for the assistance of bank account opening does not include any bank charges and commissions, account maintenance fees, transaction fees, initial deposit or minimum balance.

  • Requirements

    REQUIREMENTS FOR CORPORATE ACCOUNT SET UP WITH GLOBAL BANK OF COMMERCE IN ANTIGUA AND BARBUDA
    • Personal presence is not required.
    • Minimum balance of USD 2500
    • Initial deposit of USD 5000
    • Account opening timeframe. The account will be activated within 3 business days, upon receipt by the bank of all duly completed forms and relevant information.
    • Due to bank regulations, the account cannot be opened for legal entities or individuals who are residents of Belarus, Balkan countries, Burma (Myanmar), Cote d'Ivoire (Ivory Coast), Cuba, Democratic Republic of the Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria and Zimbabwe.

    DOCUMENTS REQUIRED
    For the Company:
    A set of legalized company documents consisting of:
    • Certificate of Incorporation
    • Memorandum and Articles of Associations
    • Documents confirming the appointment of company directors and secretary (if any)
    • document confirming the location of the registered office
    • Share Certificate(s)
    • Certificate of Good Standing if the company is more than 12 months old
    • Copy of the Corporate Structure, identifying the ultimate beneficial owner(s)
    • Valid License (if applicable)

    For each director, shareholder, secretary, authorised signatory and ultimate beneficial owner:
    • Notarized copy of valid passport.
      The passport must be signed and signature must match the signature in the application form. The photograph must be clear and of good quality.
    • Original or notarized copy of utility bill / bank statement dated within 3 months as verification of residential address.
    • Original or notarized copy of Banker's reference letter, dated within 3 months
    • Power of Attorney (where applicable)
    • Personal CV

    For each corporate officer (Where the company directors or shareholders are legal entities), please provide:
    A set of legalized company documents consisting of:
    • Copy of constitutional documents (Certificate of Incorporation, Articles, etc.).
    • Copy of Corporate Register (which shall include Register of Shareholders, Directors and Secretary).
    • Copy of the Corporate Structure.
    • Certificate of Good Standing.

    Documents that are not in English must be accompanied by a certified translation.
    Once all documentation is available please email electronic copies to our representative for review; incomplete or unexecuted forms can create delays in the account opening process.
    IMPORTANT NOTE: LICENSABLE BUSINESS ACTIVITIES

    If you conduct any activity without required license or authorization granted by a relevant authority in any jurisdiction, STARTING BUSINESS will not be able to assist you with the company formation or bank account opening related to such unlicensed activity.

    Licensable activities include, but not limited to: provision of financial services involving trading/brokerage in foreign exchange, financial and commodity-based derivative instruments and other securities; offering investment advice to public; insurance and banking business; operation and administration of collective investment schemes and mutual funds; payment processing services; money exchange, money transmission or money brokering; asset management; safe custody services; gaming, gambling and lotteries.

    Please contact us if you need our assistance in licensing of your financial, Forex brokerage or gambling company.
    SHIPPING COST
    Shipping of banking kits to your destination requires an extra charge and will be automatically added to the invoice during checkout. Shipping costs for international courier services are set automatically and can vary from USD 75 to USD 95. The fees depend on the jurisdiction where the bank is based as well as your destination country.

    Sign up to our Newsletters

    GET 10% DISCOUNT

    On your next purchase once subscribed
    Subscribe

    Need Assistance?

    +44 (0) 203-519-1398

    Mon-Fri 8am-6pm EET

    sales@startingbusiness.com

    1 business day response