Providers · Business & Personal accounts

Paxum Bank

Paxum Bank

2 plans in our database · licensed as OFFSHORE BANKING LICENSE

Data last verified: 21 August 2026

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Independent data. Every figure below comes from Paxum Bank's published pricing, checked by hand - never from a sales deal. Missing fees show as “n/a” and are never counted as free. Methodology · Spotted an error? Tell us

Plans & fees

PlanTypeMonthly feeSetupFX feeSWIFT out
Personal AccountpersonalFreeFreen/a0.05%
Business AccountbusinessFreeFreen/a0.05%

* Some FX rates are “from” or “up to”. ⚠ “from” = starting price (variable pricing) - the final fee depends on your profile. “Bespoke” = custom pricing on request. Compare across providers on the fee tables.

What you get

CardsMulti-currency

Hold up to 6 currencies · local account details in EUR, USD.

Getting in, and what you get

Pays interest on balances - the provider doesn't publish the rate.

Offers a revolving line and term loans.

Regulation

Regulated or registered in Dominica.

Regulators: Financial Services Unit

In the fine print

Conditions from Paxum Bank's own terms, pricing pages and acceptable-use policy that don't fit in a table. Read in full and checked by hand.

Pricing

  • The account comes with a USD UnionPay debit card in two tiers: Gold ($3.75/month, 3.5% currency-conversion markup) and Diamond ($50/month, 1.5% markup).

Limits

  • Card limits depend on which card you hold, and the gap is wide: the Gold allows $5,000 a day and $250,000 a year at ATMs and $25,000 a day at the POS, while the Diamond goes to $10,000 a day and $3,000,000 a year at ATMs and $100,000 a day at the POS.

Payments & transfers

  • Personal onlyOn a personal account, you can only transfer or withdraw funds to accounts held in your own name; sending an international transfer to a third party's account is prohibited and results in termination of service.

Cards

  • The debit card cannot be used to purchase virtual currency.

Business activity

  • Payment aggregation services are prohibited.
  • The bank serves non-resident individuals and companies, typically in the adult, affiliate, and live-streaming industries, and online businesses that make mass payouts to affiliates and freelancers.

Sanctions

  • The bank prohibits any transaction that would breach the sanctions regimes of Dominica, the United States (OFAC), the EU, or the UK.

Licence & regulation

  • Chartered under Dominica's Offshore Banking Act No. 8 of 1996 and supervised by the Financial Services Unit.

Will Paxum Bank actually accept you?

Acceptance depends on where your company is registered, where its owners live, where your money flows - and your sector. The wizard checks Paxum Bank's published rules on all of them, and shows you the alternatives too.

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