Hermes Bank

FACTS & INFO

• Requirements

  REQUIREMENTS FOR CORPORATE ACCOUNT SET UP WITH HERMES BANK:

  • Personal presence is not required
  • An account opening fee of EUR 500 per account will be required.
  • The minimum initial account funding fee is EUR 5,000
  • The account will be activated within 1-2 business days, upon receipt by the bank of all duly completed forms and relevant information.

  DOCUMENTS REQUIRED

  For the Company:

  A set of legalized company documents consisting of:

  • Certificate of Incorporation
  • Memorandum and Articles of Association
  • Documents confirming the appointment of company directors and secretary (if any)
  • Document confirming the location of the registered office
  • Share Certificate(s)
  • Certificate of Good Standing if the company is more than 12 months old
  • Copy of the Corporate Structure, identifying the ultimate beneficial owner(s)
  • Valid License (if applicable)

  For each director, shareholder, secretary, authorised signatory and ultimate beneficial owner:

  • Notarized copy of valid passport. The passport must be signed and signature must match the signature in the application form. The photograph must be clear and of good quality.
  • Original or notarized copy of utility bill / bank statement dated within 3 months as verification of residential address.
  • Original or notarized copy of Banker's reference letter, dated within 3 months
  • Power of Attorney (where applicable)
  • Personal CV

  For each corporate officer (Where the company directors or shareholders are legal entities), please provide:

  A set of legalized company documents consisting of:

  • Copy of constitutional documents (Certificate of Incorporation, Articles, etc.).
  • Copy of Corporate Register (which shall include Register of Shareholders, Directors and Secretary).
  • Copy of the Corporate Structure.
  • Certificate of Good Standing.

  PLEASE NOTE:Once all documentation is available please email electronic copies to our representative for review; incomplete or unexecuted forms can create delays in the account opening process.

  IMPORTANT NOTE: LICENSABLE BUSINESS ACTIVITIES

  If you conduct any activity without required license or authorization granted by a relevant authority in any jurisdiction, New Company will not be able to assist you with the company formation or bank account opening related to such unlicensed activity.

  Licensable activities include, but not limited to: provision of financial services involving trading/brokerage in foreign exchange, financial and commodity-based derivative instruments and other securities; offering investment advice to public; insurance and banking business; operation and administration of collective investment schemes and mutual funds; payment processing services; money exchange, money transmission or money brokering; asset management; safe custody services; gaming, gambling and lotteries.

  Please contact us if you need our assistance in licensing of your financial, Forex brokerage or gambling company.

  SHIPPING COST

  Shipping of corporate documents or banking kits to your destination requires an extra charge and will be automatically added to your order during checkout. Shipping costs for international courier services are set automatically depending on geographic zones.

• About the Bank

  Incorporated in St.Lucia as a fully regulated financial institution with an A Class international banking license, Hermes Bank provides worldwide banking services. The whole infrastructure set up by Hermes Bank is developed on the latest hardware, along with banking and other software, providing the highest possible standards of security.

  Hermes Bank has acquired the most reputable banking platform that secures stability, consistency and expandability to meet most complex customers’ needs.

• Facilities

  WHAT HERMES BANK OFFERS

  • Personal and Corporate accounts
  • Fixed Term deposit Accounts
  • Notice Deposit Accounts
  • Internet banking
  • Accounts in EUR, USD, GBP, CNY, HKD and CHF
  • 24/hr Multilingual customer support services
  • The approximate timeframe for account allocation is 1 to 2 days after the documents have been received by the bank.

  BANK TARIFFS AND CHARGES

  Hermes can be considered a medium cost bank with respect to incoming payments, account maintenance and e-banking fees. The fee for incoming payments is between EUR 5 - EUR 30 / CNY 40 - 240. The fee for using e-banking facilities is nil. The account maintenance fee is EUR 40 per month. An account opening fee of EUR 500 will be required per account.

  PLEASE NOTE: The bank tariffs may change at anytime at the sole discretion of the bank, we therefore suggest to contact us or visit the bank’s website for updated details on specific fees and charges.

  The New Company professional service fee for the assistance of bank account opening does not include any bank charges and commissions, account maintenance fees, transaction fees, initial deposit or minimum balance.