Services
The Bank of St. Helena was created in April 2004 in order to provide the islands of St. Helena and Ascension with a range of banking services, as described on this page. Please also see our Frequently Asked Questions page.
Numismatic enquiries: St. Helena banknotes and coins are issued by the St. Helena Government, to whom all numismatic enquiries should be directed. The St. Helena Government website can be located at www.sainthelena.gov.sh. The Bank of St. Helena cannot send out banknotes or coins for collectors.
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Sending Money to St. Helena? Please click here to read the special instructions. |
Skip to: Current and Future Services Inward investment and non-resident accounts Terms and Conditions of Business
Current and Future Services
Unless indicated otherwise, services are available at all offices.
Current Services
Accounts
Higher Interest Accounts Eligibility and other restrictions apply
Payments - Domestic
Direct Debit Bill Payments Pilot Scheme in operation
Payments - International
Lending
Business Overdrafts Currently available to business customers only.
For Travellers
Other
Future Services
Other
Please tell us what you want The bank is always keen to hear suggestions from customers on services we might introduce to meet your needs.
Inward investment and non-resident accounts
St. Helena is keen to encourage inward investment. However, the Bank of St. Helena regrets that, under the present banking regulations, it is unable to open accounts for anyone unless they have a clear St. Helena connection.
The St. Helena Government has a policy which controls inward investment, and once an individual or business has Approved Investment status the bank can open accounts and provide services. Interested parties may find it helpful to review the websites of the St. Helena Government (www.sainthelena.gov.sh) and the St. Helena Development Agency (www.shda.co.sh).
Terms and Conditions of Business
PLEASE NOTE: All services provided by the Bank of St. Helena are subject to Terms and Conditions which are available on request. Some can be found in the Documents section of this site.
Measures to prevent criminal activity: Bank of St. Helena reserves the right to conduct business in a manner which allows it to meet local and international obligations with regard to the prevention of criminal activities, including money laundering. Therefore, please note that: you may be asked to explain, and provide evidence to support that explanation, any transaction you request the bank to conduct on your behalf, or any transaction the bank has conducted on your behalf; the bank may decline to conduct a transaction on your behalf, without giving a reason; and the bank may be required to report any transaction you request it to conduct, whether or not it has agreed to conduct it, to the appropriate authorities, as required in the applicable legislation. The bank will attempt to minimise the impact of these requirements on its conduct of your transactions, and requests your cooperation in the operation of these procedures.