Legal
Regulatory information
Version 1.0 · Effective 23 October 2026
The bank
| Legal name | Trade Commerce Bank |
|---|---|
| Legal form | Private company limited by shares |
| Company number | 2021/C0069 |
| Date of incorporation | 21 April 2021 |
| Registered office | 2nd Floor, 36 Great George Street, St. George, Roseau, Commonwealth of Dominica |
| Website | tradecbank.com |
Licence and supervision
| Licence | Offshore Banking Business |
|---|---|
| Law | Section 5 of the Offshore Banking Act No. 8 of 1996 of the Commonwealth of Dominica |
| Date granted | 16 June 2022 |
| Supervisor | Financial Services Unit, Ministry of Finance, Commonwealth of Dominica |
| Supervisor’s address | Financial Centre, Kennedy Avenue, Roseau, Commonwealth of Dominica |
| Public register | Search the register of entities on fsu.gov.dm |
The Financial Services Unit publishes a register of the entities it authorises. Entities not listed on its website are not authorised to do business in the Commonwealth of Dominica.
Clients we serve
We serve non-resident private clients, families and companies. We do not offer services to residents of the Commonwealth of Dominica. Our accounts are held in currencies other than the Eastern Caribbean dollar.
Our services are not available in every jurisdiction. We do not accept clients from jurisdictions subject to comprehensive sanctions, or where providing our services would breach local law.
Deposit protection
Deposits held with the bank are not covered by any deposit insurance or compensation scheme. The Commonwealth of Dominica does not operate a deposit insurance scheme or a banking ombudsman for offshore banks.
Financial crime
The bank is subject to the anti-money laundering and counter-terrorist financing laws of the Commonwealth of Dominica, including the Money Laundering (Prevention) Act No. 8 of 2011, the Proceeds of Crime Act No. 4 of 1993, the Money Laundering (Prevention) Regulations 2013, and the Anti-Money Laundering and Suppression of the Financing of Terrorism Code of Practice 2014.
Tax information reporting
The bank complies with the tax information reporting obligations that apply to it in the Commonwealth of Dominica, including those arising under the agreement between the Commonwealth of Dominica and the United States on the Foreign Account Tax Compliance Act (FATCA).