Your investment would not be complete without your company’s bank account. Below are the requirements needed to set up your local account with a Bank in Belize.

DOCUMENTS required for all signatories & directors

Two Recent/Original Bank Reference Letter with a relationship of 2 yrs. plus, also to be included in letter is length of relationship, nature of business and average balances for all Signatories. (If two bank references are not available, a letter of reference from your Attorney would be acceptable.)
Passport/Photo Identification (Notarized) (Or notarized valid Drivers License)
Full address, telephone, fax, email and website address if applicable

DOCUMENTS required for Corporate Accounts

Certificate of Incorporation
Articles and Memorandum of Association
Certificate of Good Standing (If Company is older than 1 yr.)
Resolution of Directors and Officers
Copy of Share Certificates

BANK FORMS required

Commercial Account Application
Certified Extract of Board Meeting and Bank Mandate
Indemnity Form with Personal Identification Code (PIC) required
Due Diligence Authorization Form for Beneficial Owner/Authorized Signatories
Resolution of Directors Regarding Advances Form 10109
Standard Terms and Conditions
Signature Card

GENERAL INFORMATION

Minimum US $150.00 to activate the account
Account set up takes approximately 2-4 weeks, bank will conduct due diligence to verify applicants
Add US $ 50.00 for each foreign courier if required
Add US $ 55.00 for local notarization

FEE STRUCTURE

Processing Fee	US $ 250.00
Administrative Expenses (Stamp, Check Book, Local Courier, etc.)	US $ 100.00
	US $ 350.00
General Sales Tax (10% of $350.00)	US $ 35.00
TOTAL DUE	US $ 385.00