Where do BVI companies usually open accounts, now that the BVI is on the FATF list?

Mostly with banks or electronic money institutions (EMIs) in the country where the business actually happens, such as Hong Kong, Singapore or Europe. Since June 2025 the BVI has been on the FATF list of jurisdictions under increased monitoring, so allow extra time for enhanced due diligence and expect a few institutions to decline. We check which ones currently accept BVI companies with your profile before you apply. The bank decides.

Business account support

Source: Black and grey lists (jurisdictions under increased monitoring), Financial Action Task Force (FATF)