A Wealth of Experience
CHOICE BANK LTD. is an international bank chartered in Belize, offering financial solutions for companies and associations, as well as high net worth individual clients. Experienced staff, state of the art banking technology, and strategic partners allow us to deliver professional, trustworthy service.
CHOICE BANK LTD. consists of 2 separate business units, Choice Capital Commercial Banking and Choice Bank Card Services.
Choice Bank’s core expertise as “Your International Payment Partner” allows us to meet all your payment requirements whether through traditional corporate accounts or card services (Prepaid MasterCard). Dealing with more than 3,000 corporate accounts worldwide and with more than 300,000 prepaid cards in circulation we have the proven track record of success you need in order to trust us with your critical payment requirements.
Our Philosophy – A Wealth of Choice
For us to be able to perform at the highest level of financial services, we need to be ever vigilant. We must constantly be alert to the ongoing needs of our clients and the ever changing landscape of the financial world. To ensure that we bring you unparalleled products and services that perfectly match your needs, we make the commitment to maintain the highest standards.
Belize is located on the east coast of Central America in the Western Caribbean, just below Mexico’s Yucatan Peninsula and east of Guatemala. Long a British colony and a member of the Commonwealth, Belize gained full independence in 1981.
The Belize government is committed to developing Belize as a leading centre for financial services, implementing policies receptive to the development of e-commerce and international banking. According to the International Monetary Fund, “Tax exemption, low registration costs, and a flexible trust law that facilitates asset protection trusts are among the advantages Belize offers as an offshore financial center.”
Governance and Compliance
Choice Bank is chartered under the International Banking Act of 1996, which allows international business with non-resident personal and corporate clientele. The Bank may also deal with resident companies operating in the Export Processing and Commercial Free Zones.
Choice Bank accounts are not subject to local taxes or exchange restrictions and funds in foreign currencies are transferred freely with no conversion to Belize dollars required.
The Central Bank of Belize monitors and regulates Choice Bank’s business. Strict adherence to capital adequacy and liquidity levels are required, ensuring compliance with internationally accepted best practices in global banking.