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.


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