Dominica Offshore Bank Accounts

Sinovantage International can assist you in opening an offshore bank account in Dominica for asset holding, trading or investment purposes. You will not need to travel to Dominica at any phase of the account opening process, nor after the account is operational.

We are currently able to open a bank account in Dominica only for offshore companies/IBCs. We are not able to assit the opening of individual bank accounts. If you do not have an offshore company, we can assist you in registering one and offer you the bank account in a package that will save you extra costs.

The bank we work with as their sole agent in mainland China offers multi-currency accounts, with internet banking, Maestro/Cirrus international debit cards and Mastercard credit cards. Initial deposit is only USD1,000.

Documents required to apply for an offshore bank account in Dominica are the following:
-Certified copies of all corporate documents (certificate of incorporation, business license, memorandum and article of associations etc.)
-A resolution of the board of directors authorizing the opening of the bank account at that specific bank.
-Bank account application forms (provided by Sinovantage).
-Notarized copy of the passport of account signatory, company directors and shareholders.
-Permanent address proof for each signatory, director or shareholder (utility bill, credit card statement etc.)
-Bank reference letter for each signatory, director or shareholder.
-In case the company issued bearer shares, the original share certificate needs to be transferred to and kept by the bank.

Fees