Deposits in Foreign Currency
At BICSA, we offer the option of diversifying your assets in a foreign currency through term deposits at competitive rates in the following currencies:
- Euros
Conditions
- Minimum opening amount: $50,000.00
- Terms from 1 to 12 months
- Interest paid at maturity of the deposit
- Collateral loans on deposits are not allowed
Benefits
- Access to your account for inquiries and transfers using our Online Banking 24 hours a day and from anywhere in the world
Requirements
- Copy of two (2) current identifications of the account signer. (ID and passport or license)
- Copy of (1) valid identification of each beneficiary (ID and passport, or driver’s license)
- Two Bank References addressed to BICSA by each account signer
- Copy of the last electrical or telephone bill where it indicates the physical address of the residence of each of the account holders
- Supporting documents specifying the origin of the funds
- Employment verification letter and/or Income verification letter
- Bank forms
Further information
To obtain further information on Deposits in Foreign Currency, write us at this email and one of our executives will communicate with you.
