Skip to main content
All CollectionsHow to open an account
Am I eligible to open an account with EQIBank?
Am I eligible to open an account with EQIBank?

ELIGIBILITY REQUIREMENTS FOR EQIBANK ACCOUNT APPLICATIONS

Updated over 2 weeks ago

EQIBank welcomes applications from both businesses and private clients, with a focus on accommodating various company types, particularly those in innovation and disruptive industries. To be eligible to open an EQIBank account, you and your company must satisfy the following criteria:

  1. Applicants who are residents of Dominica are not eligible to open accounts with this institution.

  2. Directors and shareholders must not be nationals of countries subject to sanctions. For a list of sanctioned countries, please refer to the official Treasury Department link: https://www.treasury.gov/resource-center/sanctions/programs/pages/programs.aspx

  3. Your company must not be involved in any of the prohibited industries listed below:

    • Adult industry

    • Arms dealers

    • Defense systems

    • Unlicensed foreign exchange

    • Nuclear power

    • Pawn shops

    • Pyramid sellers

  4. EQIBank does not accept companies that use bearer shares.

Please note that EQIBank products and services are only available in jurisdictions where they can be lawfully offered. The availability of products or services may vary based on residency and jurisdiction restrictions, as determined by EQIBank policy. EQIBank reserves the right to modify its product offerings, services, and eligible jurisdictions at its sole discretion. If you are uncertain whether your company falls into any of the restricted industries listed above, please feel free to contact us for clarification at support@eqibank.com.

Did this answer your question?