Curaçao is a small autonomous country that is part of the Kingdom of the Netherlands, found in the southern Caribbean sea about 65km off the coast of Venezuela. Its currency is the ANG (Netherlands Antillean guilder).
Financial services are one of Curaçao's main industries alongside tourism. Its financial sector is quite well developed, with around 50 banks operating in the territory.
We work with 4 different banks in Curaçao, each bank has different eligibility requirements, types of accounts available and onboarding processes.
We invite you to carefully review each banks requirements and services to better understand if their banking services meet your needs.
Curaçao, known officially as the Country of Curaçao, is a small autonomous country that is part of the Kingdom of the Netherlands. It is situated in the southern Caribbean Sea, within the Lesser Antilles and it covers an area of approximately 444 square kilometers. It is located approximately 65 kilometers (40 miles) to the north of the Venezuelan coastline. Along with Aruba and Bonaire, it forms the ABC islands. Collectively, Curaçao, Aruba, and other Dutch islands in the Caribbean are often called the Dutch Caribbean. Curaçao is the biggest island among the ABC islands and the largest in the Dutch Caribbean, both in size and population. Its capital city is Willemstad, a vibrant hub of commerce, and the official languages are Dutch, Papiamentu, and English. The official currency is the Antillean Guilder (ANG), which is also known as the Florin. The exchange rate for the Antillean Guilder is fixed at 1.80 ANG for every 1 US Dollar (USD).
The history of Curaçao is a tale of exploration, colonization, and resilience. The island was initially inhabited by the indigenous Arawak people and later came under Spanish and Dutch control. In the 17th century, it became a center for the transatlantic slave trade. Today, Curaçao's cultural mosaic is shaped by African, European, and indigenous influences, creating a unique blend of traditions and customs.
Curaçao is a constituent country of the Kingdom of the Netherlands, and its governance takes place in a form of a parliamentary democracy system led by a Prime Minister. While the Dutch monarch, currently King Willem-Alexander, is the head of state, the island enjoys a high degree of self-governance. Executive power is exercised by the government. Legislative power is vested in both the government and parliament. Curaçao has full autonomy over most matters; the exceptions are outlined in the Charter for the Kingdom of the Netherlands under the title "Kingdom affairs".
Curaçao's political landscape is characterized by stability and a strong commitment to democratic principles. The island actively participates in democratic processes, with regular elections and a multi-party system.
Curaçao maintains diplomatic relations with countries around the world and is a member of various international organizations. It collaborates with the Kingdom of the Netherlands on foreign affairs matters, benefiting from shared resources and representation on the global stage.
Curaçao's economy has evolved significantly over the years, diversifying beyond its historical role in oil refining, oil storage, and bunkering. The island has become a hub for international trade, financial services, and tourism.
The stable financial services sector and attractive tax framework, drawing foreign investments and businesses to establish a presence on the island. The banking and insurance industries are thriving, serving both local and international clients.
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.
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 available if the account is not successfully opened subject to our terms of service (20% to partly cover service and payment processing and administrative costs apply).