Overview
Winterbotham Merchant Bank, at a glance.
Winterbotham Merchant Bank is a bank and trust company headquartered in Bahamas, regulated by Central Bank of The Bahamas, Securities Commission of The Bahamas, OCIF and 4 other regulators. Business accounts cost $35 a month. Opening an account takes 3–5 days.
The Winterbotham Trust Company Limited is licensed as a bank and trust company by the Central Bank of The Bahamas. Balances above a set level are placed on a fiduciary basis at the client's risk. No deposit protection scheme is stated.
Why businesses pick Winterbotham Merchant Bank
- A licensed bank and trust company with group entities in the Bahamas, Puerto Rico, the Cayman Islands, Uruguay and Hong Kong
- Accounts in US dollars, euro, pounds and Swiss francs, other currencies on request
- Fiduciary placements, FX, custody and brokerage alongside the account
- Serves financial institutions, family offices and companies in cross-border trade and investment
- Lower service fee when the account is used with other Winterbotham services
Watch out for
- New clients pay an application fee of at least $2,000, set by the risk review
- A $10,000 opening deposit and a $2,000 minimum balance
- Outgoing wires cost 0.15%, at least $75 and at most $375; incoming wires $25
- No cards and no SEPA
- No deposit protection is stated, and balances above a threshold are placed at the client's risk
Business fit
Will Winterbotham Merchant Bank accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on Winterbotham Merchant Bank's published rules
Needs review
Winterbotham Merchant Bank works with Businesses involved in cross-border financial transactions, but does not publish the countries it accepts companies from.
Winterbotham Merchant Bank does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What Winterbotham Merchant Bank publishes about the businesses it takes on.
Who Winterbotham Merchant Bank serves
- Financial institutions
- Family offices and funds
- Import and export
- Holding companies
All 8 industries on Winterbotham Merchant Bank's accepted list
- Businesses involved in cross-border financial transactions
- Trade
- Investment
- Companies
- Financial institutions
- Entrepreneurs and their companies
- Wealthy individuals and families
- Family offices
Not supported
Industries and countries Winterbotham Merchant Bank does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Winterbotham Merchant Bank?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
USD, EUR, GBP and CHF
- EUR
- USD
- GBP
- CHF
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Companies, Financial institutions, Organisations
Pricing
What does Winterbotham Merchant Bank cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
$2,000
Monthly fee
$35–100
depends on plan
With other Winterbotham services
Lowest cost$35 per month
$2,000 setup · $2,420 in year one
Banking only
$100 per month
$2,000 setup · $3,200 in year one
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| SWIFT / international | $25 | Fixed fee · Or £25, €25 |
| Outgoing | ||
| SWIFT / international | 0.15%, min $75 | Percentage, with a minimum charge · At most $375 |
| To another Winterbotham Merchant Bank account | $15 | Fixed fee · Between accounts |
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | Not published |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Physical card issue | Not offered | Not available |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Apply
Start the application online or through the sales team.
- 2
Company and people
Give the company's registration details, directors and owners.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened and you receive its details.
Documents you need
Not published
FAQ
Your questions, answered.
Is Winterbotham a bank?
Yes. The Winterbotham Trust Company Limited is licensed as a bank and trust company by the Central Bank of The Bahamas, licence LIC0165. Its group also holds an international financial entity licence in Puerto Rico.
How much does a Winterbotham account cost?
$35 a month when the account is used with other Winterbotham services, $100 otherwise (or the same in euro or pounds). New clients pay an application fee of at least $2,000, and the account needs a $10,000 opening deposit.
What are the wire fees?
Incoming wires cost $25. Outgoing wires cost 0.15%, at least $75 and at most $375.
Who is Winterbotham for?
Companies, financial institutions, entrepreneurs, families and family offices involved in cross-border trade and investment.
Alternatives
How Winterbotham Merchant Bank compares.
If Winterbotham Merchant Bank is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 Winterbotham Merchant BankThis pageBank and trust company |      | Merchant bankingOffshore banking |
 Hamilton Reserve BankInternational bank |   | Offshore banking12 currencies |
 FV BankInternational bank |  | Crypto-friendlyUS dollar account |
 Belize Bank InternationalInternational bank |  | Offshore bankingNon-residents accepted |
 Caye International BankInternational bank | | Offshore bankingNon-residents accepted |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.