Business incentives in Banking in St Vincent

- Complete exemption from income tax on profits [some exception applies]
- An independent and efficient judiciary system
- Significant Tax holidays for new business
- Import tax reduction on raw materials, machinery, equipment and spare parts
- Freedom to repatriate funds for business.
- A low-cost operating centre for offshore business
- Exceptional low fee structure for business formation.
- Lifting of ban on foreigners holding trust company licences
- A stable foreign exchange regime
- Excellent Telecommunications with the entire world.
- Stable labour force
- A tradition of governmental support for foreign private investment
- Support for foreign private investment.

St.Vincent and the Grenadines boasts perhaps the most modern International Business Centre.

Benefits of being a customer of Bank in Saint Vincent

RELIABILITY :

The Bank is Principal Member of MasterCard International Card Association as a Maestro/Cirrus and MasterCard Issuer.
As a member of SWIFT, the bank is able to access a secure, encrypted banking network connection to more than 8,000 financial institutions worldwide.
Audited by KPMG.
Anti-Money Laundering and Know-Your-Customer Policies.
Regulated by International Financial Services Authority of St.Vincent and the Grenadines

PRIVACY AND CONFIDENTIALITY:
Handling clients' data in strict confidentiality, in accordance with governing law and international standards.
Strict security procedures and policies for protecting clients' details and preventing access to information.
Personal data is not given to 3rd parties.

SAFE AND SECURE OPERATING ENVIRONMENT:
Sophisticated encryption technology prevents clients' sensitive account information from being intercepted and deciphered.
Secured computers and browsers turn your Loyal Bank transmission data into numeric code and back again to meaningful information. Bank computer system is not connected directly to Internet.
Client Authentication Device - the Digipass provides secure client identification for access to Loyal Bank banking system.
Client ID Numbers and Passwords help safeguard clients' information.
Fulfillment of Transactions: all client telephone calls are recorded and Internet banking sessions are filed in our archives. This allows Bank to protect clients' transactions.

ACCESSIBILITY:
NON-STOP Facilities: 24 hours a day, 7 days a week, 365 days a year.
Available via Internet. 24-hour live customer support.
Available from anywhere in the world

HIGH QUALITY OF SERVICE:
The most advanced technology and a high level of automation.
Highly qualified, multi-lingual customer service, financial and IT staff.
Individual dedicated approach.