Corporate Bank Accounts in Antigua and Barbuda

Opening a corporate bank account is a critical step after forming or acquiring a company in Antigua and Barbuda. ShelfCompanies24 has established strong relationships with major Antiguan banks and assists clients with the entire account opening process.

Major Banks in Antigua and Barbuda

We work with the following banks and financial institutions in Antigua and Barbuda:

  • CIBC FirstCaribbean, Antigua Commercial Bank, Eastern Caribbean Amalgamated Bank

IBCs can open multi-currency accounts. Strong banking secrecy provisions.

Account Opening Process

  1. Bank selection — Based on your business type, expected transaction volume, and currency requirements, we recommend the most suitable bank.
  2. Document preparation — We help prepare all required documentation including corporate documents, business plan summary, and compliance materials.
  3. Application submission — We submit the account application to the selected bank on your behalf.
  4. Compliance review — The bank conducts its KYC/AML due diligence checks.
  5. Account activation — Once approved, you receive account details, online banking credentials, and payment cards.

Required Documents

  • Certificate of incorporation
  • Articles of association
  • Register of directors and shareholders
  • Passport copies of all directors and beneficial owners
  • Proof of address for all directors and beneficial owners
  • Description of business activities and expected turnover
  • Source of funds documentation

Account Features

Feature Details
Currency XCD (East Caribbean Dollar) + multi-currency options available
Online Banking Available with most banks
Debit/Credit Cards Corporate cards available
SEPA Transfers Antigua and Barbuda banks support SEPA payments
International Transfers SWIFT transfers worldwide

For assistance with opening a corporate bank account in Antigua and Barbuda, please contact our consultants.

Related Services in Antigua and Barbuda

Frequently Asked Questions

Which banks can I open an account with in Antigua and Barbuda?

We work with major banks in Antigua and Barbuda including CIBC FirstCaribbean, Antigua Commercial Bank, Eastern Caribbean Amalgamated Bank. We recommend the best bank based on your business needs.

Can I open a bank account in Antigua and Barbuda remotely?

Remote account opening depends on the bank’s policy. Some Antiguan banks allow remote opening while others require a personal visit. Our team advises on the best approach.

What documents are needed to open a corporate bank account in Antigua and Barbuda?

You will need the company’s incorporation documents, passports and proof of address for directors and beneficial owners, and a description of business activities.

How long does it take to open a business bank account in Antigua and Barbuda?

The account opening process in Antigua and Barbuda typically takes 1-4 weeks depending on the bank and the complexity of the corporate structure.