Products

At the moment, the Bank is offering offshore Deposit Account service. Pending negotiation with sponsors, Card business such as Prepaid Debit and Credit Card service have been planned and prepared to launch by the end of 2015.

Subject to Reserve Bank of Vanuatu's approval, the Bank is one of the few international banks in Vanuatu that will offer a wide spectrum of banking products and services in the not distant future, including international investment management advisory.

Deposit Account

The minimum amount required for the establishment of a personal Call Deposit Account is USD 50,000 (Say United States Dollars Fifty Thousand). When the account is successfully opened, our client receives an email from the Bank confirming the account details. Such personal details should be kept carefully by our client.

The Bank does not have a specific deadline for the initial deposit. However, the Bank recommends our clients to transfer their initial deposit within one month from a traceable source of payment of their own; otherwise it may take some time for the Bank's staff to retrieve the related information from archive for re-processing.

Upon confirmation of the receipt of initial deposit, the account becomes operative and ready for normal banking transaction.

The terms for opening of a non-personal account is negotiable on a case-by-case basis.

Interest Payment

Call Deposit Account is non-interest bearing. Interest will be paid to fixed deposit account balance of at least USD 200,000 (Say United States Dollars Two Hundred Thousand). Interest rate and period are negotiable on a case-by-case basis.

Prepaid Debit and Credit Card

Details will be announced soon.