Expand Your Anguilla Business With Advanced Banking Solutions

Opening a separate business bank account is a crucial step to take when starting up in Anguilla, as it allows you to easily track your business profits and expenses. Not only does this simplify accounting tasks but also allows secure transactions, thus increasing trust with customers and stakeholders alike.

What You Should Know About Banking In Anguilla?

  • The Central Bank of Eastern Caribbean (ECCB) is the governing body that regulates banking activities in Anguilla, while the Financial Service Commission (FSC) oversees and licenses operations within this industry.
  • The country has its own local currency: the Eastern Caribbean dollar (XCD), which is fixed at 2.7 XCD to 1 USD.
  • Anguilla's financial landscape consists of domestic banks, insurance companies, money services, mutual funds, and offshore banks.
  • Out of the 5 banks currently operating in Anguilla, 2 are domestic and the remaining 3 are offshore banks.
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Why Choose Offshore Banks For Anguilla Companies?

  • Reasonable fees and deposits for offshore bank applications
  • No personal visit or signatory travel required
  • Swift procedures and clear guidance for bank account opening
  • Various services including wire transfers, credits, debits, and loan applications
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Wonder which banks are best for your company in Anguilla?
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Required Documents

  • Application forms

    • Bank statements

      • Bank reference letter

        • Certified copies of passports, proofs of residence of all directors/shareholders

          • Business plan

            • Company business evidence (sales/purchase orders, invoices, etc.)

              • Certified copies of Anguilla company incorporation documents

                • Government certification of company good standing status

                  Additional supportive documents beyond the listed above might be requested to open your Anguilla company bank account depending on each local regulation, your business fields, and on a case-by-case basis.

                  Please get in touch with us to know the exact essential documents for your case.

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