Deposits in Foreign Currency

At BICSA, we offer the option of diversifying your assets in a foreign currency through term deposits at competitive rates in the following currencies:

  • Euros


  • Minimum opening amount: $50,000.00
  • Terms from 1 to 12 months
  • Interest paid at maturity of the deposit
  • Collateral loans on deposits are not allowed


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


  • Copy of two (2) current identifications of the account signer. (ID and passport or license)
  • Copy of (1) valid identification of each beneficiary (ID and passport, or driver’s license)
  • Two Bank References addressed to BICSA by each account signer
  • Copy of the last electrical or telephone bill where it indicates the physical address of the residence of each of the account holders
  • Supporting documents specifying the origin of the funds
  • Employment verification letter and/or Income verification letter
  • Bank forms

Further information

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


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