International Bank Licenses
Negotiation of International
Bank Licenses and Bank Acquisitions
Provider of turnkey international banking licenses.
We’re the only provider of turnkey bank licensing solutions and bank acquisitions.
We can assist with every aspect of building a new bank or taking over and existing bank in a variety of jurisdictions.
Process
We Follow the Working Process
for Finished Project
Starting Process
The process to start a new bank begins with the business plan and financial model. Next, regulators will place great emphasis on the team you have assembled, the quality of the documents provided, and the amount of capital available.
Application Approval
If your application is approved, you generally receive a Permit to Organize. This allows you to form a company with the word “bank” in the name and begin building out your operations (hiring employees, setting up core software systems, etc.).
Ready to Work
Then, once you are ready to open your doors to the public, you ask regulators to review your operations and systems. If you pass that audit, you receive your Permit to Operate. Only then may you begin conducting banking business.
What We Offers
Best Solutions For Achieve
Your Business Goals
Response time
In most cases, the time to receive a Permit to Organize is usually four to six months. Then, clients usually spend four to six months building out their operation. Finally, you might wait two months for your Permit to Operate.
Fast transactions
We can source and negotiate the purchase of an existing bank. This can be completed in 30 days, assuming you have a solid business plan ready. The usual time to launch a new bank is 7 to 14 months depending on the jurisdiction.
Cost
The average cost for an international bank in Puerto Rico is $5 million to $12 million, with the highest being $55 million. This is the amount net to the seller and not including capital, which is $5 million to $10 million.