SBS
Grade C
License facts
What it takes to hold this license, from the TrustFinance regulator database.
Requirements to get licensed
Main requirements
- Register your company.
- Open a corporate bank account.
- Submit a detailed business plan.
- Provide a detailed risk control plan.
- Submit photocopies of passport details of shareholders, management, and other key personnel.
- Submit residence registration documents for shareholders, executives, and important team members.
- Provide professional references of senior staff showing their professionalism and experience in foreign exchange operations.
- Submit a criminal record-free identification for shareholders, management, and key executives.
- Submit detailed AML/CFT compliance materials.
About this regulator
The "Superintendencia de Banca" refers to a regulatory authority overseeing banking and financial institutions in various Spanish-speaking countries. Each country's Superintendence of Banking is responsible for supervising, regulating, and ensuring the stability and transparency of the banking sector. This includes tasks such as licensing, oversight of operations, ensuring compliance with financial regulations, and protecting consumer rights. The specific powers and responsibilities of each Superintendencia de Banca can vary by country, reflecting local legislative frameworks and financial sys...
Companies holding this license
Companies on record, each linking to its verification page.