Under Construction: New Site Coming!
Follow on LinkedIn
   FAQ    About
Click to
Share on

Invest in Vanuatu

Vanuatu is actively seeking foreign investors to come over -- with Investment Capital, professional skills and their Spirit of Entrepreneurship -- to help develop this beautiful but underdeveloped Pacific Island nation.
[This is the reason for Vanuatu's Investment Migration, a.k.a., Citizenship-By-Investment (CBI) or Passport-By-Investment Development Support Program (DSP).]
Serious Investors -- Interested, Ready, Willing and Able -- to invest into the nation and the economy of Vanuatu (with or without the CBI program): must start by reviewing the following Key Resources and the information accessible via the below links.
For Vanuatu Investment Migration,
a.k.a., Passport-By-Investment
VPA -- Vanuatu Passport Agency:
  Parent Organization: VIMB.vu
The Vanuatu Investment Migration Bureau
Other Key / Vanuatu Govt. Resources
International Wealth
& Asset Management
Offshore Structures /
Banking Facilitation
Banks in Vanuatu
Insurance Cos. & Intermediaries
  Daniel Agius,
Biltmore Insurance
Climate Investment Funds
  CLF: Vanuatu

VIPA | Vanuatu (Foreign) Investment Promotion Authority
VFSC | Vanuatu Financial Services Commission
  How to Register a Company
  Registering your Company - including links to download forms, etc.
VFMA | Vanuatu Financial Markets Association
  Crypto-friendly Vanuatu:
FMA applauds decision by VFSC to hire world-renowned crypto consultant
VCCI | Vanuatu Chamber of Commerce & Industry
  Investing in Vanuatu 

UNCTAD | United Nations Conference on Trade and Development
  Vanuatu Foreign Investment Act # 25 of 2019
IFC | United Nations Intl. Finance Corporation
  Investing In Vanuatu’s Tourism Sector
  Streamlining Foreign Investment Processes in Vanuatu
Vanuatu Trade Portal

RBV | Reserve Bank of Vanuatu
  List of Insurance Companies and Intermediaries
BLP | Business Link Pacific

Vanuatu Trade Commision
[ NOT a Govt. Agency ]
  Youtube Channel

Financial Centre
Banking | Private Banking

Many people want to know about Banking, and specifically about Private Banking in Vanuatu. Click Here to get to where we discuss this.

Common Questions about
Banking / Private Banking


Vanuatu: Banking / Private Banking

Vanuatu is a popular offshore financial center located in the South Pacific.

Private banking services are available in Vanuatu, and there are a number of banks and financial institutions that offer these services to their clients. Private banking in Vanuatu typically caters to high net worth individuals and families who are looking to manage their wealth and assets in a tax-efficient and confidential manner.

Private banking services in Vanuatu may include a wide range of financial products and services, such as investment management, portfolio diversification, wealth planning, offshore banking, and more. Some private banks in Vanuatu may also offer specialized services, such as trust and estate planning, asset protection, and corporate structuring.

It's important to note that private banking in Vanuatu operates within a regulatory framework that is designed to prevent money laundering and other financial crimes. Clients who are interested in opening a private banking account in Vanuatu will typically need to provide detailed documentation and undergo a thorough due diligence process to ensure that they meet the necessary legal and regulatory requirements.

Overall, private banking in Vanuatu can offer a range of benefits for high net worth individuals and families, including access to a wide range of investment opportunities, tax-efficient asset management, and a high level of privacy and confidentiality. However, it's important to carefully consider the risks and benefits of offshore banking and to work with a reputable financial institution that is fully compliant with applicable laws and regulations.


What are the requirements for opening a private bank account in Vanuatu?

To open a private bank account in Vanuatu, the typical requirements are:
  • Proof of identity - Passport or government issued identity card.
  • Proof of address - Utility bill, bank statement, lease agreement, etc.
  • Minimum deposit - Usually around $10,000 to $20,000 USD is required as an initial deposit to open a private account. Higher amounts may be needed for some banks.
  • In addition, some private banks in Vanuatu may require:
    • Details of source of wealth - They may ask for documents showing how you acquired your assets, especially if you have a large sum of money to deposit.
    • Tax residency certificate - If you are not a tax resident of Vanuatu, you may need to provide a tax residency certificate from your home country.
    • Introduction letter - Some banks may ask for an introductory letter from another bank or financial institution that has verified your identity and source of wealth.
    • Additional KYC (Know Your Customer) documents - This can include utility bills, property registration documents, investment statements, pay slips, etc. to verify your identity and background.
The specific requirements can vary between different banks, so it's best to contact the individual banks directly to confirm what they need to open a private account for you. In general, having documents to prove your identity, address and source of wealth will be the baseline requirements.


What are the typical fees associated with opening a private bank account in Vanuatu?

There are a few typical types of fees associated with opening a private bank account in Vanuatu:

  • Minimum balance fee - Some banks require a minimum balance to be maintained in the account, and charge a fee if it drops below that threshold. This is typically a percentage of the minimum amount. 
  • Account maintenance fee - An annual or monthly fixed fee to cover the costs of managing the account. This can range from a few hundred dollars to over $1,000 per year.
  • Transaction fees - Charged for certain types of transactions like wire transfers, check deposits, etc. These fees vary by bank and type of transaction.
  • Foreign exchange fees - If you need to convert currencies, most banks charge a spread on the exchange rate. This can be 1-3% of the transaction amount.
  • Investment fees - If the account includes investment services, the bank may charge asset management fees, custody fees, and fees on individual investment products.
  • Overdraft fees - Charged if your account balance goes below zero, typically a flat fee plus interest on the negative amount.

Those are the main types of fees you can typically expect with a private bank account in Vanuatu. The exact fees will depend on the specific bank, the size of your deposits, the type of account, and the services you utilize.

It's a good idea to ask the bank for a complete fee schedule and have them explain all potential fees upfront before opening an account. Then you can factor that into your decision about whether the account and services are a good value for you.


Can you recommend any reputable financial institutions that offer private banking services in Vanuatu?

We list below -- the links to a few banks in Vanuatu -- but make NO specific recommendations. One place to look would be
Vanuatu Yellow Pages: Banks & Financial Institutions
For UHNWIs and HNWIs looking to invest in our Vanuatu Passport-by-Investment program, who will obviously need Reputable and High-end international / offshore banking options, which could very well be outside of Vanuatu (say, Switzerland / Mauritius / Gulf / Europe / Caribbean / etc.), click on the following:

International Wealth
& Asset Management
Offshore Structures/
Banking Facilitation
For those specifically looking for a Vanuatuan-onshore option for their banking, there are options as well.

When considering a private banking provider in any jurisdiction, it's important to look for a financial institution that is fully licensed and regulated by the local governmental regulating authority for banks and financial institutions. In the case of Vanuatu, that is ...

The Reserve Bank of Vanuatu (RBV)
(Central Bank of the Republic of Vanuatu)
  RBV List of Authorized Financial Institutions
  RBV List of Deposit-Taking Institutions (mostly Banks)
  Major International Banks
(Subsidiaries of Foreign Banks):
ANZ Bank Vanuatu Ltd
Branch of the Australia & New Zealand Banking Group, one of the 'Big 4' banks in Australia. ANZ offers a wide range of banking and financial services in Vanuatu, including private banking.
BSP Vanuatu
| Bank of the South Pacific
BRED Bank Vanuatu
Westpac Bank Vanuatu Ltd
Unable to find a local website for the Vanuatu operations.
They are a subsidiary of Westpac Banking Corporation, one of the 'Big 4' banks in Australia. Westpac offers retail and commercial banking as well as private wealth management for high net worth individuals in Vanuatu.
    Vanuatu Owned Banks
National Bank of Vanuatu Ltd
Major local commercial bank, estd. 1984. Offers personal and private banking services to local and international clients.
Wanfuteng Bank Limited
Pacific Private Bank
Vantu Private Bank
Westminster Bank Limited
ROC Bank Limited
Alpen Baruch Bank Limited
ELG Bank Limited
Asia Merchant Bank Limited
Digital Ocean Bank Limited
MG Commercial Bank Limited
Credit Corporation (Vanuatu) Limited

On RBV website

Papua-New Guinea site
    LISTED EARLIER, but don't seem to be Current:
Pacific International Commercial Bank Vanuatu
Part of the Pacific International Commercial Banking Corporation, a Fijian bank, providing personal banking, business banking and wealth management for high net worth individuals.
See below links:
PICB - Matangi Tonga
PICB - Reserve Bank TO
Prosperity Banking Corporation Limited
Investors' Trust Limited
Pacific International Trust Co. Ltd
Vanuatu International Trust Company Limited
    One can check against the RBV's List of Revoked Financial Institutions 
    Banks with LICENCES REVOKED, as per RBV records:
United Development Bank Of Pacific Limited
- Lic. revoked
Nautilus International Bank Ltd
- Lic. revoked
Financial Partners Bank Limited
- Lic. revoked
European Private Bank Limited
- Lic. revoked
  RBV List of "Other Financial Institutions"



Second Passport a MUST BUY for Rich People



Follow on LinkedIn
   FAQ    About
Click to
Share on
Gairik.com/Faith - Michelangelo's Masterpiece at the Sistine Chapel