Account opening: 7-14 working days

Overview:

National Bank of Vanuatu is the only commercial bank in Vanuatu that also operates outside of Port Vila and Luganville. Through its network of 27 branches and agencies, NBV offers a comprehensive range of services in Business, Retail, Rural, International, Treasury and Investment Banking.

National Bank of Vanuatu Limited provides various general banking services to businesses, government, and individuals in Vanuatu. The company offers personal banking services, such as savings accounts, cheque accounts, term deposits, cash transfers, house and land loans, and motor vehicle and other personal loans. It also provides business banking services, including business banking centers, business loans, business overdrafts, business cheque accounts, bank guarantees, import/export letters of credit, immigration bonds, inward and outward payments of salaries, and term deposits.

In addition, the company offers international banking products and services comprising foreign currency call and deposit accounts, import/export letters of credit, import/export collections, international remittances, and traveler’s cheque issuance and encashment services. Further, it provides rural banking services; and electronic, mobile, and Internet banking services. The company offers its products and services through 29 branches. National Bank of Vanuatu Limited was founded in 1991 and is based in Port Vila, Vanuatu.

Payment processing options:

MasterCard, Visa

Rates and Charges

• Bank may change its tariffs at any time thus please visit bank’s website or contact us in order to receive updates, on specific charges or fees please contact us or bank.
• Bank may additionally charge for any other supplementary services.
• Above listed fees or any other additional fees, charges or commissions that may be required by bank are not part of our professional fees for assistance of opening a bank account.

The bank offers range of services and products

• Personalised account service
• Savings & term deposits
• International wire transfers
• Treasury& Foreign Exchange services
• Card services
• Trading services
• Online Banking

Requirements

Please provide us with the following documents:

Each Beneficial owner, shareholder, director, authorised signatory and secretary must provide

• Notarized KYC documents. (Please see N.B. below)
• Optional: A notarized copy of Bank reference that is not older than 3 months)
• Optional: Power of Attorney (where applicable)
• Optional: CV

Company

A Bundle of certified and apostilled documents:

• Certificate of Incorporation
• Share Certificates
• Memorandum and Articles of Associations
• Documents that approves the designation of company’s directors and secretary (if applicable)
• Document address of the registered office
• Optional: Valid License (if applicable)
• Optional: Certificate of Good Standing if the company is more than 12 months’ old
• Optional: Certificate of Incumbency

If director or shareholder is a legal person (corporate officer)

A Bundle of certified and apostilled documents:

• Copy of corporate documents (Certificate of Incorporation, Articles of Association, etc.).
• Copy of company register (that must consist of Shareholders, Directors and Secretary).
• Certificate of Incumbency
• Certificate of Good Standing.

N.B.

• Passport must have signature of holder and it must be identical to one in the application form. Please also ensure that photo is clear.
• If signature is located other than on the page where is photo and details of person, then please provide additional copy of that particular page.
• If documents are not in English language, then they must be accompanied by a notarized translation.
• Any shortcomings in application forms may cause delay affect the bank account opening time.