Sovereign Chartered International Bank is a private International Bank registered under Montenegro law with offices offices in Switzerland (Geneva), Montenegro (Podgorica), Cyprus (Nicosia) and Hong-Kong.

If you are seeking a safe haven for your deposits, Sovereign Chartered Bank may be the right choice for you for the following simple reason: It is one of the few financial institutions that gives you the combined benefits of offshore private banking and internet banking. In other words, you get the benefits you've come to expect, such as absolute privacy, protection of your assets, tax-minimisation, higher interest rates for your deposits, instant access to your funds, and so forth, and you get to share in the profits of the bank.

Sovereign Chartered International Bank was granted a full unrestricted banking licence issued by the Montenegro Ministry of Finance (licence no. 843) in July of 2000.

Under Montenegro law, this means that:

• Sovereign Chartered is not required to impose a withholding tax on the profit distributions you receive.
  
• It pays all interest you earn on your deposits in full.
• It is not required to report your account information and interest payments to any tax authorities in any country.
• Privacy and confidentiality for all account holders is guaranteed under Montenegro law.
• Taxes then become the individual responsibility of each accountholder according to their jurisdiction of residence. amount of funds sitting in the account.

Sovereign Chartered offers you a complete range of offshore banking services. These include current accounts and deposit options with some of the highest returns available anywhere in the world, credit/debit card options, and a very attractive offshore-identity package that utilises a Nevis LLC. We are fully committed to contributing to your success, helping you achieve your financial goals, and satisfying your banking and investment needs.

For complete information on the various services, please view the Member Services and Offshore Services sections.

Sovereign Chartered is more than banking services and shared profits. We have a very strong social-responsibility orientation and we feel that we ought to give something back to society. As our philanthropic focus is children, we support established and fledging charities that feed, educate, and provide for the welfare of children. As an accountholder, you will get semiannual reports that detail our philanthropic activities and you will have the opportunity to nominate your favourite children's charity.