BICSA Plus Deposits
A term Deposit at preferential rate, where the customer can increase, reduce or cancel the deposit. Interest will be reflected on the statement on a monthly basis.
The request for cancellation/decrease must be made 30 days in advance. After term ends, cancelation or amount reductions are credited to the current account and/or the funds are sent according to the client’s request.
Additionally, the customer does not need to request the renewal monthly since it is automatically renewed.
Conditions
- Applies only to the Panama office
- Minimum Opening Amount: $150,000.00
Benefits
- Preferential interest rates.
- No instruction required as it automatically renews every 30 days.
- Allows increases at any time benefiting from the preferential interest rate.
- Online information available 24 hours a day.
- At maturity the customer can request transfer of funds or credit to their account
Requirements
- Articles of incorporation of the company and all the amendments made
- Current legal status
- Power of Attorney (if applicable)
- A valid identification of each of the dignitaries, owners and signatories
- Two bank references addressed to Banco Internacional de Costa Rica S.A
- Financial statements
- Last electrical or telephone bill
- Bank forms
Further information
To obtain further information on BICSA Plus Deposits – Corporate Banking, write us at this email and one of our executives will communicate with you.
