Offshore Bank in Dominica for sale

Buying this bank is an alternative to forming a new banking company and completing the full licensing process. Built for international banking, the structure may suit investors who want to set up or grow operations in financial services across international markets. Which banking activities it may carry out depends on the company’s own licence and regulatory status.

Key details

• Licence type: Offshore Banking Licence (active)
• Jurisdiction: Dominica
• Supervisor: Financial Services Unit (FSU)
• Founded: 2018
• Approximate figures: share capital USD 5 million, annual turnover USD 2–3 million, net profit USD 300,000–500,000
• Currencies: USD, EUR and GBP
• Clients: corporate and international
• Core banking system: an integrated banking platform
• Payments: SWIFT available; correspondent banking through international banking relationships; Visa and Mastercard infrastructure in place

Banking and payments

The bank has an established infrastructure that handles corporate banking services, accounts in several currencies and international payments. Correspondent banking arrangements and SWIFT connectivity are part of the structure, and the bank’s payment partners can provide card issuing and acquiring.

Activities

• Banking for corporate clients
• Deposit services and lending
• Accounts in several currencies, and foreign exchange
• Trade finance and international payments
• Card services

Advantages

• An offshore banking licence already held, within an established regulatory framework
• An active operational and banking structure, oriented towards international banking
• SWIFT connectivity and correspondent banking, with potential access to further correspondent banking infrastructure
• Card capabilities with Visa and Mastercard
• Banking in several currencies
• A client base that is already established
• Core banking infrastructure already in place
• The chance to buy an existing company rather than start from incorporation