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.

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