Term Deposits in Foreign Currency

At BICSA we offer you the option to diversify your portfolio with term deposits in foreign currency at competitive rates in the following currencies:

  • Euros


  • Applies only to the Panama office
  • Minimum opening amount: US$100,000.00
  • Terms from 6 months to 3 years
  • Interest paid at maturity of the deposit
  • Collateral loans on deposits are not allowed Quotes will be subject to change


  • Access to your account to make inquiries and transfers via our Online Banking 24 hours a day and from anywhere in the world.


  • 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 electricity or telephone Bill
  • Bank forms

For Private Investment Company, the following requirements should be considered additional:

  • Private Investment Company Regulations and amendments (if applicable)
  • Legible copy of one (1) valid identification of the founders and beneficiaries of the Private Investment Company: Foreigners – passport / Panamanians – identity card
  • Declaration of income or assets

Further information

To obtain further information on Term Deposits in Foreign Currency – Corporate Banking, write us at this email and one of our executives will communicate with you.


    Product Catalog



    For more information about our personal information processing practices, please see our Privacy Policy at www.bicsa.com