Before we get started
Let's make sure Nave is the right fit for your business.
What type of entity is your business?
Is your business incorporated in Puerto Rico or in the United States of America with a nexus to Puerto Rico?
All the beneficial owners (individuals who own 20% or more of the business and/or individuals that control the business) and all signers on the account reside in Puerto Rico or the United States of America?
Is your business involved in any of the following activities?
- Cannabis industry
- Adult entertainment and/or pornography
- Horoscope and/or fortune telling
- Politically exposed persons (PEP)
- Bearer shares companies
- Pirated goods
- Virtual currency
- Company formation businesses
- Internet pharmacies
- Rough diamond trade
- Shell banks
- Embassies
- Foreign consulates
- Foreign missions
- Firearms, antipersonnel mines, cluster munitions, chemical or biological weapons, nuclear weapons, and ammunition containing depleted uranium
What do you need to apply?
To complete your application, you'll be asked to provide personal information for every beneficiary and authorized signer, including you. In addition, we'll request the documents mentioned under each entity type.
LLC
Corporation
Non-profit organization
General Partnership
Limited Partnership
Frequently asked questions
What products are available?
Who can apply for an account?
How long does it take to apply?
Is Nave Bank® insured by the FDIC?
Does Nave Bank® have physical branches?
Support the way you want it.
We are ready to assist you whichever way you prefer it.
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Branch hours
Mon - Fri : 9am - 5pm
Business hours
Mon - Fri : 8:30am - 5:30pm
Legal Disclaimer:
1All Nave Business accounts are subject to approval.
2Competitive interest rate is variable and requires a minimum balance of $1 for interest calculation. To receive the 3% APY (annual percentage yield) a closing balance of $10,000 is required at the end of the day. On balances less than $10,000, the interest will be 1.75% APY. After June 30, 2025, the interest rate may change.
Equal opportunity for all
FDIC Insured
OCIF B-40