About the Bank

Formerly known as Provident Bank & Trust of Belize Ltd, the bank was established in May 1998 to provide international banking services to non-residents. It became the pioneer and leader in international banking services in Belize and has evolved into a globally competitive international bank. The bank merged with Alliance Bank of Belize Ltd and since January 2010 is known as Heritage International Bank & Trust Ltd.

The bank offers a full range of banking services including accounts in USD, EUR and GBP, ecommerce/merchant accounts, prepaid cards.

Required Corporate Documents

• Board Resolution authorising account opening
• Global Business Licence (if applicable)
• Certificate of Good Standing (if applicable)
• Certificate of Incorporation
• Memorandum and Articles of Association / Constitution
• Register of Members and Directors
• Background information (Prospectus / Annual Report / Financial Statements)
• Business Plan
• Organogram, showing company’s structure

Required Personal Documents

For Shareholders above 20%, Directors, Beneficial Owners, Ultimate Beneficial Owners and Authorised Signatories:

Note: all the documents must be in English and notarized.

Personal Visit

Personal visit is not required.

Initial Deposit

• Demand Deposit account – USD 3,000
• Fixed deposit account – USD 25,000
• Savings account – USD 500
• Premium savings account – USD 15,000

Minimum Balance

• Demand Deposit account – USD 3,000
• Fixed deposit account – USD 25,000
• Savings account – USD 500
• Premium savings account – USD 15,000

Online Banking

View and transactional – USD 10 per user.

Debit and Credit Cards

MasterCard prepaid card

It’s a non-personalized card and does not reflect the name of cardholder. The card can be used online or on ATM and POS anywhere in the world, where MasterCard is accepted.

Time Required for Account Opening

Up to 1 month, once all required documents received.

Currencies

USD, EUR, GBP, CAD.

Bank Fees

Wire transfers

• Outgoing transfer – USD 75
• Incoming transfer – USD 10

Other fees

• Inactive account fee – USD 10
• Dorman account fee – USD 20
• Account closure within 3 months – USD 75
• Account closure within 6 months – USD 50
• Application review fee – USD 25