Apply online for your offshore bank account in 3 steps

Make sure you meet the following criteria:

  • You are new to Standard Bank
  • You are 18 years or over
  • You are employed on a vessel
  • You are able to meet the minimum balance requirement of €2,500 or currency equivalent
 

Fill in and prepare the following documents:

  • Standard Bank Application Form
    * please make sure your signature matches the one shown on your passport, contact us first if it has changed.
  • A certified copy of your Passport
    *see Identity Identification below
  • A certified copy of your contract
    *see Address Verification below
  • Captains Letter on Vessels or Management headed paper
    *see Address Verification below

Contact Details

Please provide us with your contact details so that we can send you all the forms and contact you about your application if needed.

First Name*

Last Name*

E-mail*

Phone

Position Onboard

Name of the vessel

 

Send/email all the paperwork to Horizons!

Standard Bank will NOT accept any direct applications. So you need to process the paperwork through an approved adviser. Click here to find your nearest Adviser or email our central office

Once we have checked the scanned version of the application we will confirm it is ok to send by post, please don’t send it by post until an adviser has checked it all over, this will mean a much faster set up time.

It usually takes 2 to 3 weeks to have it fully set up once you have sent the application so please be aware of this delay when planning your income payments from the vessel.

 

Address verification

As an individual employed to work as crew on yachts and / or charter vessels, it is not uncommon for you to reside onboard for the duration of your employment.

Due to this unique situation you may not be able to provide what would be considered traditional means of address verification. To accommodate this, the Bank has arranged alternative verification methods available only to boat / yacht crew.

In the absence of documentation to demonstrate a land based “home” address we can accept any two of the following documents to verify this:

  1. A letter verifying your residence on the yacht, signed by the Captain (or the First Officer in the Captain’s absence). Download a letter template today – download here
  2. A copy of your contract of employment, certified by the Captain (or the First Officer in the Captain’s absence) or by a suitable certifier*. The signatures must be original signatures (not e-signatures).
  3. A letter signed by a Director of the yacht Management Company or the yacht owner. This letter must be the original, on the company’s letterhead, addressed to Standard Bank Isle of Man Limited and must confirm the following details:
    a. how long the employee has been known to the employer
    b. duration of employment
    c. salary – amount, frequency, payer’s details and method of payment
    d. the name of the Company employing the applicant

If you are near one of our advisers … check here, then we can arrange for one of them to come and meet you and only one of the above letters is needed, we can also certify your passport.

Identity verification

We require a copy of your current passport*, certified by the Captain or First Officer and accompanied by the boat’s stamp.

Certification wording must state the following in its entirety:

“Certified as a true copy of the original passport and the photograph bears a true likeness of [insert applicant name]”.

The certifier must sign and date the certification and also print their name, position and contact details. Please see the account application form for further information.

*Please ensure your passport signature matches your signature on your application form.