Off-hours — we reply first thing at 9:00 local. Vy is always on.
EQIBank is a digital bank chartered under Dominica's Offshore Banking Act No. 8 of 1996 and monitored by the Financial Services Unit of the Commonwealth of Dominica. It offers individual and business current accounts, multicurrency accounts, custody, crypto OTC and banking-as-a-service.
Foreign currencies held and transferred without local conversion.
The charter is built for international business with non-resident clients.
Applications are made online with no branch visit.
Custody covered by a Lloyd's of London policy up to $20M in aggregate.
OTC services offered alongside banking and wealth management.
A BaaS platform is offered for partner institutions.
Accounts can hold and transfer foreign currencies freely with no conversion to East Caribbean Dollar required; specific currency list not published
Issued after account is funded.
Corporate card limits scale with balance and turnover.
Not published
Not stated on the pages fetched.
Choose if
Choose if
Choose if
EQIBank is licensed in Dominica, not by the Central Bank of the UAE.
All application fees are stated as non-refundable regardless of outcome.
The charter is scoped to non-resident personal and corporate clients.
Some UAE and international counterparties are cautious about offshore banks.
Corporate structures need full UBO and source-of-funds evidence.
Domestic UAE clearing needs are not met by an offshore account.
Your licence route, activity, and profile affect which banks are realistic. Tell us the setup and we’ll tell you whether this bank is a fit, what the pack needs, and what to fix before submission.
Sonsoto quoted us a line-item budget for the licence, visas and the bank pack up front. Nothing crept in later. That alone was worth the fee.
I’d already been rejected by two banks. Sonsoto told me why, changed the pack, and we opened with WIO in three weeks. Straight answers, no theatre.
They caught a corporate-tax filing we were about to miss and re-scoped the renewals so we stopped paying twice for the same work. Now they run everything.
We’d spoken to four firms and got four different price sheets. Sonsoto was the only one that showed us where the extras came from — and we didn’t need them.
Golden Visa done, family visas done, licence renewed. Same team, same WhatsApp thread. I don’t chase PRO agents anymore.
They told me RAK was a better fit than Dubai for our margin. I’d already paid a deposit somewhere else. They still refunded my Sonsoto retainer and helped me exit.
More clients onboarded, higher payout.
Straight to the account.
More referrals unlocks higher payouts.
