Following are answers to the “frequently asked questions”. However, if this does not cover your query or you require further assistance, please feel free to contact us. Our staff is always ready to assist you.

Under which jurisdiction is Antigua Overseas Bank Ltd. (AOB) licensed?

AOB is licensed pursuant to Section 9 of the International Business Corporations Act , Cap. 222 of the Revised Laws of Antigua and Barbuda, to conduct international banking business.

Where is Antigua Overseas Bank Ltd. (AOB) located?

AOB is located in the City of St. John's, on the island of Antigua (click to see full contact information in Our Contacts).

Can I establish an account without visiting the Bank?

While we enjoy meeting all our clients, accounts can be established via a combination of fax, courier and internet. Our requirements are listed on our website along with the necessary documentation for completion here Accounts.

Can I operate my account remotely? Can I check the balance and manage my money?

We offer a selection of remote banking tools to assist you in operating your account. You can manage your funds via:

- Internet

- Fax — signature(s) on the fax must agree with signature(s) on file

What is the minimum deposit required to open and maintain my account?

A minimum deposit of 5,000 is required in the currency of the account you are opening. While you are not required to maintain a minimum deposit, a monthly service charge of 10.00 is levied for balances dropping below 5,000. See bank Accounts for further details.

How can I deposit funds to my account?

For immediate credit, the best way to deposit funds to your account is via wire transfer. Wire transfer details are available on our website at Money Transfers or by contacting the Bank directly. Bank drafts and travelers cheques are also accepted however you must allow for a 21 working day clearing period.

Do you offer interest bearing accounts?

We offer Certificates of Deposits to both our private and corporate customers while savings accounts are also available for individuals.

- Savings interest at 1.5% per annum on minimum balance of US$ 5,000.

- Certificates of Deposit (CD) — see rates and terms here Deposits

Do you offer international credit cards?

We offer both VISA and Master Card credit cards for both individual and corporate clients.

How can I withdraw cash from my account?

You can access your funds via credit card through either direct purchase or cash withdrawals at ATMs; wire transfers virtually worldwide; draft requests or simply by taking cash from our teller.

Is my account information going to be reported to any third parties?

All transactions and business affairs of our clients are confidential and legally protected. The law of Antigua provides criminal penalties for any disclosure of the business affairs of customers regarding banking or trust matters. Bank clients need not be concerned with this issue. It is only relevant to those who are the subject of a criminal investigation involving an alleged criminal offence and when the High Court of Antigua has ordered the disclosure of information. In other words, the privacy of customers’ banking information remains fully confidential unless it can be established in a court of competent jurisdiction that a crime has been committed (Rules and Legislation).

Will my income be subject to taxation?

Income generated on accounts maintained with us is not subject to any form of taxation (Rules and Legislation).