Bank of Asia (BOA) became the first bank in the British Virgin Islands to receive a full banking licence in the last 20 years. The BOA focuses its activities on providing an extensive range of banking services to offshore companies.
The bank takes on clients from various industries, including crypto, forex and gaming. At the same time, its robust KYC procedure and internal compliance checks ensure that only sound offshore companies are granted access to the BVI offshore banking system. By virtue of local BVI laws, BOA does not open bank accounts for local companies and residents of the British Virgin Islands.
BOA makes the process of opening an offshore bank account easy and flexible. The fintech platform used for BOA’s daily operations guarantees that offshore companies have 24/7 customer support. Having a BVI bank account with BOA means instant access to your bank account at any time using advanced mobile and web banking solutions.
BOA clients can open a BVI bank account for their offshore companies, funds, partnerships or foundations. You can also open a bank account for your family trust to house your trust assets.