from $2,515

Bank of Saint Lucia International (BOSLIL) Now Proven Bank

Corporate Account Opening in St Lucia

The Bank of St Lucia International Limited (BOSLIL) provides corporate multi-currency accounts and full e-banking facilities within a stable and reputable offshore jurisdiction. It offers competitive products and services, and a very conservative banking model designed to meet the commercial needs of its international clientele.

Online Banking

Credit Card

Debit Card

Pre Paid Card


Min. Balance

case by case

Processing Time



Find Out If You Are Pre-Approved

The information you provide will allow us to obtain approval for your account as quickly as possible. Please proceed to the buying process and you will get the Pre-Approval Form Application in your purchases. Please answer each question fully and in detail. Your application may be delayed if the form is incomplete.
TOTAL: $100


  • Requirements


    • Personal presence in the bank is not required.
    • Initial deposit and minimum account balance requirement of US$5,000.
    • Account opening timeframe is on a case-by-case basis.


    For the Company:

    A set of legalised 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 a valid passport. The passport must be signed and the signature must match the signature in the application form. The photograph must be clear and of good quality.
    • Original or notarized copy of a utility bill / bank statement dated within 3 months as verification of residential address.
    • Original or notarized copy of a bank 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 legalised company documents consisting of:

    • Copies of constitutional documents (certificate of incorporation, articles, etc.).
    • Copy of the corporate register (which shall include register of shareholders, directors and secretary).
    • Copy of the corporate structure.
    • Certificate of good standing.

    Documents that are not in English must be accompanied by a certified translation.


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

    Licensable activities include, but are 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; 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 assistance in the licensing of your financial, Forex brokerage or gambling company.


    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

    The Bank of St Lucia International Limited (BOSLIL) is an international banking subsidiary of the East Caribbean Financial Holding Group (ECFH), providing globally competitive products and services to international clientele. The ECFH group shareholders include the Government of St Lucia, Republic Bank Limited, a consortium of five OECS indigenous banks and financial institutions, and the National Insurance Corporation (St Lucia). The remaining 30% of shares are held by over 4,000 individual and corporate investors from throughout the Caribbean region.

    BOSLIL started its operations in 2004 with a total asset base of US$3.1m. Since then, BOSLIL has grown to 34 staff serving over 2,400 international clients with total assets of US$372m at the end of 2013. BOSLIL has become the leading banking institution of the international financial services sector in St Lucia.

    BOSLIL is regulated by the Financial Services Supervision Unit of St Lucia and the Eastern Caribbean Central Bank. The bank has correspondent banking relationships with the most reputable and safest banks in the world and conducts its business in accordance with internationally recognised principles of banking. The ECFH and its subsidiaries are considered as foreign financial institutions according to FATCA rules and are, therefore, required to comply.

    In 2013, BOSLIL received the ‘Service Exporter of the Year’ award at the St Lucia Business Awards, organised by the St Lucia Chamber of Commerce.

    BOSLIL offers its clients a very conservative banking model designed to meet their international commercial needs while paying significant attention to a high level of personalised service.

  • Facilities


    • Multi-currency accounts with 15 major world currencies.
    • Full online banking.
    • Visa or MasterCard credit cards.
    • Cash-collateralised lending for investors and/or group structures that require a loan facility.
    • Wealth management
    • Multilingual customer support.
    • An account opening timeframe on a case-by-case basis.


    The Bank of Saint Lucia International Limited (BOSLIL) can be considered as a medium-cost bank with respect to incoming/outgoing payments and account maintenance. BOSLIL charge US$15 for incoming payments. The outgoing payment fees vary from US$75 to US$250 depending on the amount of transfer. The annual cost of account maintenance is US$200.

    PLEASE NOTE: Bank tariffs may be changed anytime at the sole discretion of the bank. Therefore, we suggest that you contact us or visit the bank’s website for updated details on specific fees and charges.

    The Starting Business 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.