BANKING ASSISTANCE
Help With Your Saint Lucia IBC’s Bank Account
Choose how much help you want with your company's bank account, from an introduction to a suitable bank through to support until the bank makes its decision. Available whether or not ACS is your registered agent.
You’ll see your complete fee schedule before you pay.
Three levels of support
From an introduction to a suitable bank through to the bank’s final decision.
Open to every company
Available whether or not ACS is your registered agent.
A complete application
Levels 2 and 3 check your package for missing or inconsistent information.
Documents banks ask for
Certified documents, a Certificate of Incumbency and TAN assistance can be added.
WHY GET HELP
Get Your Bank Application Right
Banks review new company accounts carefully. They ask for detailed information about ownership, business activity, expected transactions and source of funds, and missing or inconsistent information leads to follow-up questions.
WHICH LEVEL IS RIGHT FOR YOU?
Choose Your Level of Support
Level 1
Bank Introduction
You want an introduction to a suitable bank and will manage the application yourself.
See what’s includedLevel 2
Banking Application Support
You want help preparing and submitting a complete application package.
See what’s includedLevel 3
Bank Account Opening Support
You want ACS involved after submission, through to the bank’s final decision.
See what’s includedCOMPARE LEVELS
The Three Levels in Detail
Each level ends at a clear point, so you always know what ACS will do and when its work is complete.
Level 1
Bank Introduction
ACS connects you with a suitable bank. You manage your own application.
Includes
- Identifying one or more potentially suitable banks based on your business profile
- Basic information about the bank's account-opening requirements
- Introducing you to the bank or banking contact
- Providing the bank with basic company and contact information, where authorized
- Supplying standard ACS-held corporate documents, where appropriate
- Coordinating the initial introduction or first contact
- Confirming your next step with the bank
Ends when: the introduction and next steps have been confirmed to you.
Level 2
Banking Application Support
ACS helps you prepare a complete bank application package.
Includes
- The bank's account-opening checklist, with its document requirements explained
- Help completing the application form
- Review for missing or inconsistent information
- Organizing required corporate documents
- Coordinating certified or notarized copies where needed
- Help preparing beneficial ownership, business activity and expected transaction information
- Help gathering source of funds and source of wealth documents the bank requests
- Preparing the complete application package
- Submitting or coordinating submission, where the bank permits
Ends when: the complete application package has been properly submitted to the bank.
Level 3
Bank Account Opening Support
Everything in Level 2, plus continued involvement after submission.
Everything in Level 2, plus
- Helping identify a suitable bank
- Coordinating directly with the bank during onboarding
- Following up on the application and tracking it through the bank's review
- Helping you answer additional bank questions and missing-document requests
- Coordinating additional certified or notarized documents
- Assisting with additional KYC or compliance information the bank requests
- Coordinating interviews, calls or onboarding appointments
- Keeping you informed of the application status
- Assisting with final account-opening requirements
Ends when: the bank approves the account, declines the application, or otherwise closes the application process.
Your complete fee schedule will be displayed before you submit your application and make payment.
ALREADY CHOOSING A PACKAGE?
Banking Support in Formation Packages
Some IBC formation packages already include a banking level. A higher level replaces the lower one.
| Package | Banking support included |
|---|---|
| Foundation | Not included. Add any level. |
| Executive | Bank Introduction. Can be upgraded. |
| Global | Banking Application Support. Can be upgraded. |
| Counsel | Bank Account Opening Support |
| Continuation, Merger, Annual Renewal | Not included. Add any level. |
WHAT WE'LL ASK YOU FOR
Have This Ready Before You Start
Having this information ready helps ACS match you with a suitable bank and prepare your application without delay.
Please don't send identification, banking or ownership documents by email or through the contact form. Upload them only inside the secure client portal.
START YOUR REQUEST- Purpose of the account
- Expected currencies
- Main countries for payments
- For Levels 2 and 3 — Expected deposit, annual turnover, monthly activity, proposed signatories and tax residence.
HOW IT WORKS
From Request to Bank Decision
- Select Banking Assistance and the level of support you want.
- Log in or register to open your secure ACS client portal.
- Complete the ACS Onboarding/KYC Application with company, director, shareholder and beneficial owner information and your banking needs, and upload your documents.
- Review your fees. Your complete fee schedule will be displayed before you submit your application and make payment.
- Submit and pay. Payment is made when you submit your application, before ACS’s compliance review.
- Compliance review. ACS completes the required KYC/AML review and decides whether the engagement can be accepted.
- Engagement. If accepted, the engagement documents are completed.
- Processing. ACS provides the level you chose: an introduction, a complete submitted application, or support through to the bank’s final decision.
You’ll see your complete fee schedule before you pay.
DOCUMENTS BANKS OFTEN ASK FOR
Supporting Documents We Can Provide
Banks commonly ask for some of these before opening an account. Add them to your request.
The bank makes the final decision
Every bank makes its own decision on every application, so ACS cannot guarantee that an account will be opened.
QUESTIONS
Banking Questions
Does ACS guarantee a bank account?
No. Each bank decides whether to open an account for your company.
What is the difference between the three levels?
Level 1 is an introduction. Level 2 adds help preparing and submitting a complete application. Level 3 adds ACS's involvement after submission, through to the bank's final decision.
Can I get banking assistance if ACS is not my registered agent?
Yes. All three levels are available to companies registered with another agent.
Is banking assistance included in formation packages?
Executive includes Level 1, Global includes Level 2 and Counsel includes Level 3. A higher level replaces the lower one.
Does ACS sign bank documents or operate the account?
No. Banking assistance helps with the application. You sign your own bank documents, and ACS does not operate the account or hold your funds.
How long does a bank application take?
That depends on the bank and its review. ACS keeps you updated, but cannot promise a decision date.
Accounting & Tax Assistance
ACS can connect clients with qualified accounting professionals for bookkeeping, financial statements, tax preparation, audit services and related accounting requirements.
These services are provided independently by the accounting professionals and are subject to their respective terms and fees.
INQUIRE ABOUT ACCOUNTING & TAX ASSISTANCEBEFORE YOU REQUEST
What to Expect
You see your complete fee schedule and pay when you submit your application. ACS's compliance review takes place after payment. Submitting and paying does not by itself create a client engagement: work begins once ACS accepts the request and the engagement documents are in place.
ACS does not guarantee that a registry, government authority, bank or other third party will accept, approve or complete a request. Those decisions are theirs.
If a request is declined, refunds are handled under ACS's refund policy.
ACS provides legal letters, legal opinions and related legal services directly.
Get Help With Your Bank Account
Log in or register, choose your package or service, and complete your application in the secure client portal. Not sure what you need? Ask us first.