PAXUM BANK LIMITED is an international bank chartered in Dominica, offering financial solutions for individuals and companies. Experienced staff, state of the art banking technology, and strategic partners allow us to deliver professional, trustworthy service.
MEMBERS OF PAXUM GROUP
Paxum Bank offers traditional banking services to individuals and companies worldwide.
Payroll solution tailored for e-commerce businesses. Paying out thousands of affiliates and employees worldwide is an easy task.
PAXUM CREDIT CARD PROCESSING
Process credit cards on your website for as low as 3.5%. High Risk Merchants accepted.
PAXUM PREPAID CARD ISSUING
Issue your own branded MasterCard to your clients. We provide you the tools you will need to start.
GOVERNANCE AND COMPLIANCE
PAXUM BANK is chartered under the Offshore Banking Act No. 8 of 1996 of Dominica, which allows international business with non-resident personal and corporate clientele.
PAXUM BANK accounts are not subject to local taxes or exchange restrictions and funds in foreign currencies are transferred freely with no conversion to East Caribbean Dollar required.
The Financial Service Unit (FSU) of Dominica monitors and regulates PAXUM BANK’s business. Strict adherence to capital adequacy and liquidity levels are required, ensuring compliance with internationally accepted best practices in global banking.