Banking as a Service
Clearing as a Service
Payment Processing
Bank of Commonwealth was established in 2022 by Dominion Charter 13 of the British Commonwealth and is domiciled at Bankside, Salem, Montserrat, British West Indies under local registration number L0004/2018.
Our Mandate
The activities of the Bank of Commonwealth are regulated by the Central Bank Act 2022.
The Act states that the Bank of Commonwealth has sole authority in setting monetary and financial policy for the British Commonwealth and has the foundational role in developing, managing and promoting the financial stability of the Commonwealth Banking System and its member participants, and of the Commonwealth financial markets.
Our Structure
United States Branch was established as BOC US LLC in 2024 by the Secretary of Florida under local registration number L24000381032 and is the US based investment institution arm of the Bank of Commonwealth. The investment institution uses own capital originating outside of the United States for a variety of investment activities, including securities, growth capital and commercial debt.
The Bank of Commonwealth also has branches in Tunisia and Norway, a division in Nigeria, and offices in Greece and Poland, as well as a number of operations in the United Kingdom.
Eligible deposits with the bank are protected to an unlimited amount by the Commonwealth Wealth Guarantee Scheme (CWGS).