Class B International Bank in St. Vincent for sale

A Class B structure is intended for international banking, within the conditions and restrictions attached to each individual licence. Buying an existing company can give investors a corporate structure that is already established and a regulatory history.

Key details

• Licence type: Class B International Banking Licence (active)
• Jurisdiction: St. Vincent and the Grenadines
• Supervisor: Financial Services Authority
• Founded: 2019
• Approximate figures: share capital USD 750,000, annual turnover USD 600,000–1 million, net profit USD 80,000–150,000
• Currencies: USD and EUR
• Clients: corporate
• Core banking system: up and running
• Payments: SWIFT and correspondent banking in place; card services through partners

Banking and payments

The banking structure is international and already in place, works in several currencies and has access to infrastructure for international payments.

Activities

• Banking for corporate clients
• Deposit services and lending
• Foreign exchange and international payments
• Trade finance

Advantages

• A Class B licence already held
• A regulated structure for international banking, in an established corporate entity
• An orientation towards international business
• SWIFT connectivity and correspondent banking
• Operations in several currencies
• A banking platform already in place, and potential banking infrastructure