Now you can invest your capital in a secure and profitable investment account obtaining an attractive rate of interest. BICSA offers attractive rates, supported by a registered security to the favor of the depositor which is "Negotiable", in dollars and for a determined period.

Standard Term Deposits

Fixed Term Deposits with Variable Rates

Overnight Deposits

At Call Deposits

Standard Term Deposits

Terms of 30, 60, 90, 180 days, one year or more.

Minimum Initial Deposit for nationals: US$10,000.00

Minimum Initial Deposit for foreigners: US$ 5,000.00

Requirements

General Data for the Client and a Request to Open an Account.

By-Laws with their changes

Recent certification from the Public Registry

Valid identity card or passport of the signer or signers.

Banking references of the company.

General Resolutions.

Fixed Term Deposits with Variable Rates

Terms from 1 to 5 years.

Minimum Initial Deposit: US$50,000.00

Requirements
Complete request to open a Fixed Term Deposit.

Complete General Data of the Client.

Valid identity card or passport of the signers.

Banking references

Benefits

This is a negotiable and transferable document.

The rate is established on the LIBOR base plus a differential according to the term and a minimum floor rate is negotiated for the term of the deposit that will be applied if the resulting rate on each date of revision is not greater than this fixed minimum limit. This guarantees that your interest rate will never be less than the agreed upon limit.

The placing of your resources at a medium term allows you to benefit from increases given to international interest rates depending on the changes that occur to the LIBOR rate for 6 months.

Overnight Deposits

Period of 24 hours.

Minimum Initial Deposit: $100,000,00.

Requirements

To maintain at least an active checking account in the bank.

Investment instructions

Benefits
Generates daily interest which can be capitalized or paid in credit to your checking account, transfer, withdrawal or bank draft.

Deposits At Call

Minimum Initial Deposit: US$ 100,000.00

With established or defined expiration date.

Requirements

To maintain at least an active checking account in the bank.

Investment instructions

Further information

To obtain further information on Deposits / Time Deposits – Private Banking, fill out this form and one of our executives will communicate with you.