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Banking in The Bahamas
The Royal Bank of Canada and the Central Bank of the Bahamas serve as the two major branches for personal financing. Since the Bahamas doesn't enforce any form of taxes, opening and managing an offshore bank account is an ideal way to maximize profit. Each bank offers personal, business and corporate bank accounts and requires that new members present permanent residency, a work permit and two forms of proper identification in order to open an account.
Central Bank of the Bahamas
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East Bay Street | Phone: (242) 393-1811 | Fax: (242) 394-1453 | P.O. Box SS-6650, Nassau, Bahamas |
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