BONI

Multi-Currency Accounts

Multi-Currency Accounts

USD/EUR/GBP/CHf/CAD/S$ – Deposit Accounts

We fully appreciate that when placing your business, you have choices. In selecting us as custodian of your funds not only will we provide you with a competitive rate, we will ensure that your relationship is managed by a dedicated client relations officer. We will also ensure that your funds are prudently invested thereby ensuring that you are not exposed to unnecessary risk.

Your liquidity requirements will dictate the term of your deposit and we have a range of options designed to meet your needs, whether they be for overnight placement or for a term of up to one year:

Types of Account
Account Activity
Interest
Currencies Accepted

Demand Deposit Accounts (Current Accounts)

Activity normally comprises incoming and outgoing wire payment  

Not applicable 

USD
EUR
GBP
CHf
CAD
S$

Savings

Minimal outward payment activity – deposit is treated as a Call Deposit

Interest will accrue and be paid on a quarterly basis

USD
EUR
GBP
CHf
CAD
S$

Term Deposits

Clients are committing their deposits for terms ranging from one month to one year

Competitive rate will be quoted and interest will be paid on the maturity 

USD
EUR
GBP
CHf
S$

Deposit interest rates are available on request.

NB

Inward Payments

Inward Payments: Accounts are normally credited on the day of receipt unless we require additional due diligence information.

Outward Payments

Payments are normally dispatched on the day the wire instructions are received, provided such instructions have been received and verified by us no later than 2:00 p.m. local time.

Foreign Exchange

While we do not offer an active foreign exchange service, we do quote rates for the conversion of those currencies that may be deposited with us.

Credit Cards

We offer credit cards denominated in US Dollars, Euros & Singapore Dollars on a cash collateralised basis representing 150% of the credit limit.

Please contact us with respect to your credit card application.

Contact Us

Office

Bank of Nevis International Limited
P.O. Box 937
Island Main Road
Nelson Spring
St Thomas Parish
Nevis
West Indies

Telephone: (1) 869 469 7770
Fax: (1) 869 469 5798
E-Mail: ops@boniltd.com
Web: www.boniltd.com