Frequently Asked Questions

Experience the Excellence: Banking with Nevis international Bank & Trust

Nevis International Bank & Trust (“NIB&T) is a leading banking institution duly licensed in the Federation of St. Kitts & Nevis, a British Commonwealth country located a short distance south of Miami, Florida USA. The Bank serves local customers in St. Kitts as well as a large clientele from all over the world. 

There are no annual account maintenance fees at the Bank. The Bank also has no upfront fees of any sort.  The Bank accepts customer deposits in all major international currencies (USD, Euro, JPY etc.). NIB&T opens three types of bank accounts:

1. Personal Account: The minimum opening deposit for a Personal Account is US$50,000.

2. Private Banking Account: Private banking clients receive enhanced privileges and many other benefits including tailored financial products and personalized services. The minimum opening deposit for a Private Banking Account is US$1,000,000.

3. Business Account: The Bank opens business accounts for entities duly registered in nearly all major jurisdictions (subject to compliance review) worldwide. Often, the Bank assists customers in registering new business entities in Nevis as well as other jurisdictions. Businesses formed through the Bank are entitled to bank account opening privileges. The minimum opening deposit for a Business Account is US$100,000.

Open A Bank Account: Review and complete the Bank Account Opening Forms. Submit the completed forms along with all required supporting documents via email to:

Personal Account: [email protected]
Business Account: [email protected]

This Bank understands that clients demand efficient, reliable and transparent services in a fully compliant regulatory environment. The Bank usually opens a customer bank account within 2 business days after an applicant’s account opening documents are fully submitted and accepted by the Bank’s Compliance Department. A customer is immediately notified when the bank account is opened. The customer will then have 5 days to place initial deposits with the Bank or the account will be closed.

The Bank’s customer acceptance process: The Bank strictly follows client onboarding regulatory compliance protocols. The Bank utilizes the services of leading due diligence providers such as New York-based Kroll Inc., the world’s largest risk advisory firm trusted by global banks including JP Morgan, Citibank, Bank of America and governments worldwide (The United States and others). The Bank pays due diligence providers significant upfront costs to qualify each prospective customer before approving a client.  

Fees: There are no annual account maintenance fees at the Bank. Also, the Bank has no upfront fees of any sort. The Bank requires that a customer reimburse the Bank’s onboarding due diligence costs only after a customer’s bank account is opened, and the customer is ready to conduct business. If the Bank is unable to approve an account for any reason, the Bank absorbs all customer onboarding costs. At all times, the Bank maintains the highest level of customer privacy and confidentiality for all prospective clients.  

The customer service experience: What clients experience from doing business with this Bank is actually quite simple: a highly professional and transparent process delivered by the Bank to a customer in a manner of efficiency, compliance, customer confidentiality and trust. The Bank stresses reliable and flawless execution on a daily basis, and strives to deliver results and precision for its global clientele.   

For further information, please review the Bank Account Opening Forms.

The Bank’s global customers can deposit all major currencies (USD, Euro etc.) with the Bank via wire transfers. The Bank also accepts deposits in global stock portfolios, bonds, and other investment products such as “mark to market” private placements. The Bank does not accept physical cash as deposits. The Bank’s current clients make deposits in all major currencies as well as financial products such as stock portfolios quoted on global stock exchanges.

100% Safe Deposits: The Bank’s customer deposits in USD are only placed in 100% safe, highly liquid and short-term U.S. government-issued Treasury bills. Customer deposits in other major currencies are placed in liquid sovereign bonds.

Rigorous Regulatory Oversight: The Bank is subject to rigorous regulatory oversight by the government regulators and strictly adheres to high compliance standards. The Bank is also under audit reviews by Grant Thornton, the Bank’s independent auditor.

A No-Lending Policy, Zero Loan Default Rate: The Bank’s customer deposits have no credit risk exposure. The Bank’s lending policy prohibits extending credit to customers, thus ensuring that the Bank has a zero loan default rate and maintains exceedingly high capital ratios. The Bank’s customer deposits are among the world’s safest.

Yes. The Bank’s financial statements are audited under International Financial Reporting Standards (IFRS) by Grant Thornton, one of the top 5 largest independent public accounting firms in the world. The Bank’s financial status and compliance procedures are also subject to review and examination at any time by government banking regulators.

Nevis International Bank & Trust is an exceptionally strong bank in terms of its capital ratios. The Bank far exceeds Basel III international regulatory framework for banks, ensuring the highest level of capital adequacy at all times. 

The Bank does not extend customer credit unless on a case-by-case basis when a potential short-term loan is collateralized with at least 120% of the value of a customer’s liquid portfolio assets already on deposit with the Bank. This ensures the Bank is never exposed to any credit risk. Further, 100% of the Bank’s USD customer deposits are placed in highly-liquid, short-term U.S. Treasury bills to ensure all customer deposits are safe and customers can absolutely access liquidity at all times.  

The Bank is in full compliance with all applicable local and international regulatory standards. The Bank performs extensive and continuing due diligence on all client engagements in conjunction with Kroll, the world’s largest regulatory compliance adviser trusted by leading global banks and governments worldwide. 

St. Kitts & Nevis maintains full compliance and is held in high regard with all FATF/CFATF and OECD regulatory requirements with its rigorous AML and CFT regulatory system. The Bank maintains robust compliance programs and banking relationships with significant global institutions. The Bank currently clears USD through major US banks via various global correspondent banking relationships. 

The Bank does not extend customer credit or offer customer loans. The Bank may facilitate customer borrowing on a case-by-case basis only when the value of the underlying collateral is at least 120% of the immediately available liquidity value of a customer’s liquid assets already on deposit with the Bank. Such a disciplined lending policy ensures the Bank is never exposed to credit risk, thus allowing the Bank to maintain the highest capital ratios among banking institutions in the world, providing security and immediate customer cash liquidity at all times.

Nevis International Bank & Trust adopts, applies and follows KYC, AML and other well-established international guidelines on client due diligence and acceptance protocols. 

The Bank’s global headquarters are located on an extensive corporate compound, Nevis International Bank & Trust Center in the beautiful Nevis, St. Kitts and Nevis, which is the birthplace of America’s founding father Alexander Hamilton and a short distance south of Miami, Florida USA. The Bank provides banking services to local St. Kitts customers as well as a global clientele consisting of family offices and institutions. Come and experience the “Customer First Global Bank.” We welcome your visit.

Yes. The Bank maintains robust insurance policies protecting the Bank and its customers against errors and omissions, ensuring the safety of customer deposits.

Nevis International Bank & Trust is a duly licensed and fully regulated full-service commercial bank and investment bank. The Bank offers a wide range of commercial banking, asset management, wealth planning and other financial products and services to a large corporate and individual clientele worldwide.

Yes. The Bank’s customers have direct online access to their accounts, available for viewing at any time. The Bank does not send physical mail to clients.

Yes, we offer debit cards to both individual and business customers. The Bank does not offer credit cards because the Bank does not extend customer credit. 

Yes. As a bank customer, the Bank believes that maintaining the confidentiality of customer data is absolutely vital. The Bank strictly follows all relevant laws and regulations in protecting customer privacy under the laws of Nevis, St. Kitts & Nevis. 

As a bank customer, the security of your personal data is of the utmost importance. The Bank uses a multi-factor data security process as well as real-time monitoring to protect all customer data.

As the world’s oldest and highest-ranking investment citizenship program, the Citizenship by Investment Program (CIP) in St. Kitts and Nevis provides individuals and their entire family members an efficient way to confidentially obtain St. Kitts and Nevis citizenship, including St. Kitts & Nevis passports that allow passport holders visa-free travel to nearly 160 countries worldwide. Key features include:

1. CIP Services Offered Directly Through the Bank: A qualified Bank customer and his/her entire immediate family can obtain St. Kitts and Nevis citizenship in about 90 days.

2. Respected and CredibleNevis International Bank & Trust is duly authorized by the St. Kitts & Nevis government as an International Marketing Agent (IMA) that qualifies the Bank to offer the world-renowned St. Kitts & Nevis Citizenship by Investment Program. The Bank’s IMA license (here) is renewable each year. 

3. Confidential Application: The entire citizenship application process offered through the Bank is strictly confidential.

Click here to learn more. Contact Nevis International Bank & Trust to schedule a consultation: [email protected] 

St. Kitts & Nevis citizenship services obtained through Nevis International Bank & Trust can have many benefits: Certainty: Full citizenship in most cases can be obtained in 90 days; Trust: CIP offered through the duly licensed Bank in a efficient, legitimate, and transparent manner; Freedom: Visa-free travel to nearly 160 countries worldwide; Future: Greater opportunities for education, jobs, and potentially long-term residency in the British Commonwealth as well as the entire Caribbean Community; Credibility: The St. Kitts & Nevis citizenship program has a strong reputation as the oldest, most robust, and successful Citizenship by Investment program in the world; Prosperity: International businesses incorporated in Nevis enjoy many benefits; Bank account privilege: The Bank opens bank accounts for new St. Kitts and Nevis passport holders  

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Yes. Nevis International Bank & Trust‘s Citizenship by Investment (CIP) clients are from many jurisdictions worldwide. The Bank offers an efficient one-stop solution to qualified CIP clients: The Bank serves as an applicant’s deposit bank, and opens bank accounts for the applicant’s family members and operating businesses. The Bank assists in the seamless execution of the applicant’s entire citizenship application process.

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Nevis International Bank & Trust’s bank customers are serviced on an expedited basis. Typically, it takes about 90 days for a bank customer and his/her entire family to obtain St. Kitts & Nevis citizenship and passports.

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For a CIP customer, the name on his/her bank account matches the name on his/her St. Kitts & Nevis passport. 

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Yes. The Bank regularly assists customers in registering businesses in nearly all jurisdictions worldwide. Any business registered through the Bank that meets the Bank’s compliance requirements will also enjoy immediate bank account privileges at the same time. 

St. Kitts and Nevis passport holders can travel visa-free to nearly 160 countries and territories worldwide. A full list of visa-free countries can be found on the government’s website: here.

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Yes. The St. Kitts and Nevis passport that a client receives through the Citizenship by Investment Program offered through Nevis International Bank & Trust is universally recognized by all nations worldwide. 

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Yes. An applicant’s entire family can apply for St. Kitts and Nevis passports concurrently. The Bank’s CIP experts guide an applicant’s citizenship application from the beginning thru successful completion.  

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The government of St. Kitts and Nevis may reject an applicant’s citizenship application if:  (1) An applicant is unable to pass background checks; (2) False and misleading information is provided during the citizenship application process. 

Contact Nevis International Bank & Trust to schedule a free consultation: [email protected]

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Our CIP experts work closely with  applicants and their family members to maximize successful application for St. Kitts & Nevis citizenship.

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Yes. As a matter of law and policy, Nevis International Bank & Trust adheres to strict customer confidentiality on all client matters. The Bank ensures its clients’ citizenship applications are processed in a confidential, secure, professional, and timely manner. 

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