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RECENT UPDATES !!!

FIRST BATCH OF COVID-19 VACCINES

As of 10th April 2021, it was confirmed that the first batch of COVID-19 vaccines will be arriving soon to Efate and also to offshore islands for frontline workers and vulnerable people. Until this day, Vanuatu has confirmed only 3 cases of COVID-19, one has recovered and 2 case in isolation.

Credit Cards



Apart from the Westpac Banking Corporation, all other banks in Vanuatu do not issue credit cards.

Westpac Banking Corporation (Westpac).

Westpac’s card is issued by American Express and is denominated in the local currency, the Vatu.

You will be required to place funds of 100% of the credit limit required as a security deposit upon approval of the application.

A card can be applied for a company, however the card cannot be issued in just the company’s name, the beneficial owner or the director’s name must show on the card.

This facility can be linked to your internet banking platform and you can view and manage all your transactions there.

Payment of monthly balances can be done from here.

MasterCard Credit Card.

We have an arrangement in place for a number of years now with a credit card provider, a Trust Company with a banking license, based in the Caribbean that offers credit cards issued by MasterCard. This card is denominated in USD.

There is a security deposit of 125% of the credit limit required.

This card facility also has internet banking which only allows you to view the balance and transaction history.

You may have more than one card issued to different persons on the same account; however the credit limit will remain the same. You may also have just the company’s name on the card.

Payment of monthly accounts will have to be done by telegraphic transfer instructions to the Vanuatu bank where you account is held with.

This company has full support staff you can contact 24/7.