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Quickly Find Answers Below

Welcome to our Frequently Asked Questions (FAQ) page, where we've compiled a wealth of information to address your most common queries. Explore the diverse topics covered here, and empower yourself with the knowledge needed to make the most of your experience. If you don't find what you're looking for, feel free to reach out – we're here to assist you on your journey!

  • Who is BONI?
    BONI was incorporated under the Nevis Companies Ordinance, Cap 7.06 of the laws of St. Christopher and Nevis, on April 29th, 1998 and commenced operations on July 1st, 1998. The Bank of New Innovation Ltd. (BONI) is an international bank offering banking and holistic wealth management services to clients from around the world. We are proud of our long track record of highly personal service and our commitment to innovating new products that enable our clients to invest with impact, achieve high-yield sustainable returns, and build a lasting legacy.
  • Where is BONI based?
    BONI is a global bank, licensed in Nevis as an International Bank.
  • How do I become a client?
    Our dedicated team who speak several languages are here to assist and guide you through the onboarding process. Speak to us on +1 869 469 7770 or email us at for general enquiries. For account onboarding, please email us on
  • What kind of clients does BONI work with?
    We welcome clients from all over the globe, without any form of discrimination. We work with our clients to help them navigate the fast-changing world and achieve their global ambitions. Our clients’ privacy is paramount and under the Confidential Relationships Acts of 1985, which we adhere to, the unauthorized disclosure of information to any third party is strictly prohibited.
  • What are the benefits of banking online with BONI?
    BONI’s online banking experience is convenient and secure. We provide our customers with 24-hour access to their accounts wherever they are. Access to online banking is restricted to only those whose details were provided when opening an account and our robust systems ensure the security of personal and financial information. All authorized users will enjoy the following benefits: 24/7 access to view, save, and print your statements; Transfer funds between accounts in the same currency; Download statements into financial programmes; and Change your Personal Identification Number (PIN) and ID
  • How long does it take to open an account with BONI?
    We’ll open your account within just seven working days following submission of all required documentation.
  • What are the requirements for opening an account?
    Please find the requirements and the account application forms here
  • What kind of accounts does BONI offer?
    BONI offers multi-currency Deposit, Current, and Term deposit accounts.
  • What currencies does BONI accept deposits in?
    We accept deposit from a wide range of currencies including USD, EUR, GBP, CHf, and CAD. We can offer accounts in other currencies, subject to quantum of deposit.
  • How does BONI ensure seamless international transactions?
    BONI facilitates seamless, real-time cross-border payments through technology-led partnerships with global payment providers, utilizing partnerships that adhere to the SWIFT framework. Our payment footprint is truly global, unlimited, multi-currency and inclusive of payment to wallets and cash pick-up (subject to jurisdiction).
  • What kind of services does BONI offer?
    BONI offers a wide range of personal professional services through our market leading packages, which include, but is not limited to, holistic Wealth Management, Bespoke Mortgages, School & College Fees Planning, Multi-Currency Accounts, Intermediary Services, and Online Banking, amongst others.
  • How can BONI help with School and College Fee Planning?
    We know that education is the passport to a brighter future, however we also understand that this can come at a heavy financial price. That is why it is vital for parents to address this issue early on. We’ll work with you to quantify your education funding needs and suggest clear solutions to help you ensure your child has access to the best global education.
  • What kind of mortgages does BONI offer?
    We take an independent view on mortgage lending through our bespoke mortgage offering, which means we can find the right solution to suit the individual circumstances of our global clients. We offer our bespoke mortgage solutions in several currencies. Please contact us at for more information.
  • Does BONI offer Debit and Credit Cards?
    BONI will be rolling out its new branded BONI Debit and Credit cards as from Q1 2024. We invite clients to contact us accordingly.
  • How does BONI protect itself from threats such as money laundering?
    BONI maintains the highest level of best industry practices as it relates to AML and CFT. Our robust policies are underpinned by use of technology-powered AI tools that allows for real-time transaction monitoring and holistic KYC of our global customer base.
  • What regulations does BONI adhere to?
    We are a regulated financial institution under 2014 Nevis International Banking Ordinance (NIBO), which requires us to submit quarterly financial statements and annual audited financial statements to the Eastern Caribbean Central Bank (ECCB). Foreign Account Tax Compliance Act (FATCA) We are also registered with the US Treasury Department as a Foreign Financial Institution (FFI) for FATCA reporting purposes.
  • Who are BONI's auditors?
    BONI is audited by BDO, ranked globally in the Top 5 Audit firms.
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