Opening an Account

Our application is available online and can be completed at your own pace.

Once the application has been submitted, our compliance team will begin its review.

As a general practice, a call will be scheduled prior to approval to discuss your account goals, address any questions, and allow the opportunity to form the foundation of a banking relationship dedicated to supporting you.

We aim to complete our review within five business days. The timeline depends on the completeness of the information provided, and where further clarity is required, we will be in touch.

Before You Begin

Each account type has its own checklist, setting out the documentation we require in full.

Trusts and foundations follow the corporate checklist, together with the founding instrument of the structure.

All account holders provide tax self-certification under the Common Reporting Standard and FATCA.

MINIMUM OPENING DEPOSITS

Platinum Savings: $100,000 USD, or currency equivalent minimum opening deposit

Current account minimums are confirmed during onboarding.

Let's Talk

Get in touch to see what Sovereign Bank International can do for you.