Saint Kitts and Nevis

Saint Kitts and Nevis is part of the Eastern Caribbean Currency Union, which uses the Eastern Caribbean dollar (XCD). The Eastern Caribbean Central Bank (ECCB), based in Basseterre, is the monetary authority and supervises licensed banking institutions under the regional framework. Customers should distinguish a domestic bank operating under banking legislation from other kinds of financial businesses registered in the federation.

The Financial Services Regulatory Commission (FSRC) has responsibilities covering various non-bank financial services. A business registered with a corporate or non-bank authority should not be presumed to possess a commercial banking licence. Equally, financial supervision alone does not confirm that every type of account benefits from deposit insurance. NEXVORO currently displays institutional information for Saint Kitts and Nevis, without a separate catalogue of product offers for the country.