What Do We Believe In?

Our Values

Loyal Bank’s mission is ‘Global Reach, Personal Touch’. We keep up-to-date with global trends to ensure we offer you a wide range of products and services, in additional to traditional banking. However, we believe in the human touch, and as such tailor our services to your individual needs.

Client first: We provide outstanding customer service in nine different languages to assist with any inquiries that you may have. We don’t have multiple layers of bureaucracy so we can spend the time getting to know you to give you the personalised service you deserve.

Excellence: We provide world-class personal service and set ourselves high standards focused entirely on our customers and their needs.

Strategic Partnerships: We believe by developing long term partnerships with quality institutions and professional people, we can deliver a superior service for our clients and intermediaries.

Variety: Using our understanding of the international banking industry, we can provide our clients with the most up-to-date and most effective options.

 

Your Benefits

Personal touch

  • Every account has a multi-lingual Key Account Manager available by phone, email and Skype: personal meetings can easily be arranged in St. Vincent or Budapest.
  • If you prefer to use a language other than English, we will allocate an account manager who speaks your language and is familiar with your country and its culture.
  • During the account opening process your account manager will assist you every step of the way and after your account is opened, our Customer Service team is available to assist you or answer questions during business hours around the globe.
  • We are happy to welcome you to our representative office in Hungary, or our Head Office in St. Vincent and the Grenadines by prior appointment.

Reliability

  • Loyal Bank is now the largest bank in St. Vincent and the Grenadines by financial size and a major employer in the country.
  • We were founded in 1997 and have enjoyed continuous growth since then.
  • We pride ourselves on being a conservative and prudently managed bank. Our policy is never to risk the funds of our clients.
  • We are audited by KPMG, one of the largest audit firms worldwide.
  • Our electronic systems are fully backed up and archived, with duplicate facilities in a secure location in Europe (for instance, in the event of a hurricane in the Caribbean, we can continue full and uninterrupted operations using our European site for an indefinite period). We use the latest banking software to ensure your money is safe and accessible when you need it.
  • With simple account opening, online account management and dependable customer support, Loyal Bank is the right international choice.

Affordable

  • Our fees are fair, fully transparent and available on our website: there are no hidden charges.
  • We do not require a minimum account balance*, nor any minimum monthly amount to be paid into your account, however an initial deposit of at least USD 1500 to cover our one–off account opening fees is necessary to activate your account. (*with the exception of our platinum accounts)

Jurisdiction

  • We operate in an established jurisdiction; a parliamentary democracy in a stable region, where the business and legal language is English.
  • The banking legislation we follow and abide by is based on the well understood principles of English Common Law.
  • By law, non-resident account holders are not liable for taxation in St. Vincent and the Grenadines.
  • Our jurisdiction is whitelisted and not subject to any sanctions, boycotts or blacklists. It meets all of the international obligations laid down by the OECD (Organisation for Economic Cooperation and Development) and FATF (Financial Action Task Force). We also co-operate fully with FATCA regulations.