
Open a Bank Account in Cook Islands
The solid asset protection laws offered by the Cook Islands have long led to popularity of the jurisdiction among high-net-worth individuals. The Cook Islands’ offshore finance business was created by a series of legislative enactments in the 1980s which established a regime for international companies, partnerships and trusts and offshore banking.
We can help you open corporate and personal accounts in the Cook Islands. We invite you to carefully review the requirements and services to better understand if their banking services meet your needs.
Our banking support service is not just a mere introduction to the bank. We assist you in filling out the business questionnaires appropriately and help you understand and provide business details, commercial information and purpose/use of the bank account that a given bank wants to know in order to approve your account application. Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.
Cook Islands Bank (Capital Security Bank)
Account Details
Eligibility | Local and Foreign Companies |
Account type and Currency | Corporate Current Accounts (USD, EUR, GBP) |
Minimum Initial Deposit | USD 20,000.00 |
Minimum Monthly Average Balance (To Avoid Fall-Below Fee) | USD 20,000.00 |
Online Banking | Internet Banking (Web) |
Cards (Currency) | Prepaid Debit Cards |
Other Services | Trading Accounts Precious Metal Accounts Managed Investment Accounts Time Deposits |
Remote opening: no personal visit to the Cook Islands is required.
Account Details
Eligibility | International Individuals |
Account type and Currency | Personal Current Accounts (USD, EUR, GBP) |
Minimum Initial Deposit | USD 20,000.00 |
Minimum Monthly Average Balance (To Avoid Fall-Below Fee) | USD 20,000.00 |
Online Banking | Internet Banking (Web) |
Cards (Currency) | Prepaid Debit Cards |
Other Services | Trading Accounts Precious Metal Accounts Managed Investment Accounts Time Deposits |
Remote opening: no personal visit to the Cook Islands is required.
- Business Account
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Account Details
Eligibility Local and Foreign Companies Account type and Currency Corporate Current Accounts (USD, EUR, GBP) Minimum Initial Deposit USD 20,000.00 Minimum Monthly Average Balance (To Avoid Fall-Below Fee) USD 20,000.00 Online Banking Internet Banking (Web) Cards (Currency) Prepaid Debit Cards Other Services Trading Accounts
Precious Metal Accounts
Managed Investment Accounts
Time DepositsRemote opening: no personal visit to the Cook Islands is required.
- Personal Account
-
Account Details
Eligibility International Individuals Account type and Currency Personal Current Accounts (USD, EUR, GBP) Minimum Initial Deposit USD 20,000.00 Minimum Monthly Average Balance (To Avoid Fall-Below Fee) USD 20,000.00 Online Banking Internet Banking (Web) Cards (Currency) Prepaid Debit Cards Other Services Trading Accounts
Precious Metal Accounts
Managed Investment Accounts
Time DepositsRemote opening: no personal visit to the Cook Islands is required.
Our banking support services include introductions to payment processors and merchant accounts to better support our e-commerce clients. Whether you just need standard credit card processing or specialized services for high-risk processing, we are happy to help you with introductions that can empower your business.
Bank Account opening requirements are subject to change at the discretion of the bank. There might be additional fees charged by the bank itself. Bank account opening is not guaranteed and is subject to the bank policies and compliance department. There might be restrictions on UBO nationalities, business activities and/or jurisdictions. A refund is guaranteed if the account is not successfully opened, but a 15% administrative fee applies.