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