EQI Bank: personal account for international capital

Lawyer, Family Office

Concept

EQI Bank — international bank headquartered in the Commonwealth of Dominica, licensed by the Financial Services Unit (FSU) of Dominica. One of the leading Caribbean-based banks for HNW clients and international business owners. EQI combines European-level service (mobile app, multi-currency wallet, corporate card) with Caribbean jurisdiction flexibility.

Unlike most EMIs, EQI holds a full banking license — meaning it can accept deposits with repayment obligations, hold client assets in segregated accounts with protection, and issue fixed-income products. This makes it a convenient tool for tax residents of countries without full banking infrastructure, as well as for HNW clients with assets placed across multiple jurisdictions.

When to choose EQI

Personal multi-currency account for international capital
HNW clients with assets across multiple jurisdictions
Backup banking channel for wealth holders
Card with funding from USDT (via partner providers)
Reserve channel for those with primary account in Switzerland

Permitted beneficiary jurisdictions

EU, United Kingdom, USA
UAE, Singapore, Hong Kong
Russia, Belarus, Kazakhstan — with verified source of funds
Especially accommodating to crypto holders with transparent on-chain history

Product

Multi-currency account (USD, EUR, GBP, CHF)
Mastercard / Visa debit card (with USDT funding when needed)
Custody function — client assets held separately from bank balance sheet
Audit reporting to international standards
On request — corporate account for special projects

Documents for opening

Beneficiary passport
Proof of residential address
Source of funds description (1–2 pages)
If available — tax return for the last year
CV with professional activity description
When dealing with cryptocurrency — crypto source description with verifiable parameters

Onboarding stages

Pre-screening— 3–5 business days.
Document submission and interview— usually via video call in English.
Final approval— 7–10 business days.
Card receipt— 7–14 days.

Total timeframe —2–3 weeks.

Cost

Our fee for personal account —€2,350. For corporate —€3,700.

EQI bank fees:

Account maintenance— $25–$50/month depending on product type.
Minimum deposit— no strict requirement.
FX exchange— 0.5–1% spread to interbank.
Outgoing SWIFT— $25–$50.
Card operations— standard Mastercard/Visa rates.

Features

Dominica as jurisdiction— Commonwealth of Dominica, member of OECS (Organisation of Eastern Caribbean States). Licensing regime for international banks is softer than in the US or EU, but the bank complies with FATF standards on AML/CFT.
Correspondent banking— account connected to global banking network through correspondent partners (DBS Singapore, J.P. Morgan for USD). More on the ecosystem seeOTC exchange.
Crypto-friendly— EQI accepts USDT deposits through partner providers, supports card funding from stablecoins.