Corporate Account

Personal Account

Who can apply?

Bank of Asia provides banking services to companies across the world who pass our robust KYC checks.

Account Opening Fee*: from US$1,500

Application Fee: US$1,000 (non-refundable)

Activation Fee: from US$500 (upon account opening)

Applicants applying through the Bank’s Designated Corporate Service Providers can enjoy a special offer.

* For reference only. The actual fee may vary depending on the business nature, company structure, account purpose and other factors.
* Enhanced Due Diligence (EDD) may be required when additional information is necessary to verify identity or source of income/wealth. You will be notified of such requirements and, upon your consent, the related charges will be passed on to you at cost.
* Please refer to our Fee Schedule for more information.

How to Apply Online

Click BOA Online Application Platform and select "New Applicant"

Choose "New Corporate Account" and fill in basic information for automatic pre-screening

Note:

Under "Preference", you can choose "Do It Yourself" or request assistance from the Bank to help you go through the application process.

Follow the instructions to complete below steps:

Important Note
Upload Documents
Enter Entity Details
Enter Contact Details
Enter Information about Key Parties
Specify Account Purpose
Declare FATCA & CRS

Note:

You can switch among above steps during the application process.
You may stop and resume your application at anytime.
For returning applicant, please use your username and password to log in here and select the open application to continue.
Please feel free to contact Customer Service for assistance anytime if you encounter any problem when applying, even if you choose “Do it Yourself” at Step 3.

Your Account is Ready

After reviewing your application, Bank of Asia will inform you when the bank account is successfully opened or require further information/documents to continue the process. In some cases, application may not be successful at the moment, but we will contact you the soonest.

* Currently we require First funds-in from banks registered in countries under FATF (Financial Action Task Force); however, special cases will be considered on a discretionary basis.

Required Documents

Download the list of required documents

You may also want to know

Certification requirements for account opening documents

Documents that are requested to be certified true copies must be certified within 90 days of submission.

Please include a separate cover sheet listing certified documents with the certification stamp.

The certification must include:

Name, address, title and company name of the person certifying the document;
Date of the certification; and
Signature or seal of the person certifying the document and membership number where applicable.

Click Here to view the Approved Certifiers.

Translation requirements for account opening documents

Where documents are written in a language other than English, translation is required by a certified translator, competent authority or qualified native speaker confirming the details/contents of such document.

Click Here to see the example of wording to be used by translator.

Approved Certifiers

Registered lawyer
A Director or Manager of a regulated Financial Services Business
Notary Publics
Magistrates
Justice of the Peace
Accountant
Member of the Institute of Charted Secretaries and Administrators
Other professionals who belong to a certified professional body with established rules of professional conduct

Examples of wording to be used by translator

I, [INSERT FULL LEGAL NAME], hereby certify that I translated the attached document from [INSERT FOREIGN LANGUAGE] into English and that it is a true and correct translation. I further certify that I am competent in both [INSERT FOREIGN LANGUAGE] and English to render and certify such translation.

Following local country industry / legal certification practice I, [INSERT FULL LEGAL NAME], hereby certify that I translated the attached document from [INSERT FOREIGN LANGUAGE] into English and that it is a true and correct translation.

Date: __________ Signature: __________

Name of certifier:

Address:

Telephone number:

Email address:

Bank of Asia (BVI) Limited reserves the right to request a notarized copy of the translation.

Who can apply?

Bank of Asia provides banking services to individuals aged 18 years or older (as of the application submission date) across the world who pass our robust KYC checks.

Account Opening Fee*: US$150

Charged upon account open.

UBOs and Directors will not be charged account opening fees if applying with their corporate account at the same time.

* Please refer to our Fee Schedule for more information.

How to Apply Online

Click BOA Online Application Platform and select "New Applicant"

Choose "New Personal Account" and fill in basic information for automatic pre-screening

Note:

Under "Preference", you can choose "Do It Yourself" or request assistance from the Bank to help you go through the application process.

Follow the instructions to complete below steps:

Important Note
Upload Identification Documents
Specify Sources of Income and Wealth
Specify Funds Flow
Specify Account Purpose
Declare FATCA & CRS

Note:

You can switch among above steps during the application process
You may stop and resume your application at anytime.
For returning applicant, please use your username and password to log in here and select the open application to continue.
Please feel free to contact Customer Service for assistance anytime if you encounter any problem when applying, even if you choose “Do it Yourself” at Step 3.

Your Account is Ready

* Currently we require First funds-in from banks registered in countries under FATF (Financial Action Task Force); however, special cases will be considered on a discretionary basis.

Required Documents

Identification and Address Information

Certified true copy of unexpired passport in colour, bearing clear photograph and specimen signature^*;
Certified true copy of residential address proof with the date not more than 3 months^*, e.g., utility bill, bank statement, credit card statement, etc.

^* The copy must show the entire document with the four corners being evident.

Tax Information

Common Reporting Standard ("CRS") Self Certification Form for Individual (for the purpose of establishing tax status) (Download)
Individual tax declaration form (for the purpose of declaring FATCA status) (Download)

You may also want to know

Certification requirements for account opening documents

Documents that are requested to be certified true copies must be certified within 90 days of submission.

Please include a separate cover sheet listing certified documents with the certification stamp.

The certification must include:

Name, address, title and company name of the person certifying the document;
Date of the certification; and
Signature or seal of the person certifying the document and membership number where applicable.

Click Here to view the Approved Certifiers.

Translation requirements for account opening documents

Click Here to see the example of wording to be used by translator.

Apply Your Corporate Account NOW

Apply Your Personal Account NOW