Republic Foreign Savings Account

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Republic Foreign Savings Account

Helps you to save in foreign currencies
  • Initial Deposit - USD / EUR 50.00
  • Competitive interest rates
  • Your interest is paid once quarterly
  • Statement issuing on a quarterly basis
  • Internet Banking and Telephone Banking
What do I need to open a chequing or savings account?
Residents

Two (2) forms of identification (e.g. ID card, Driver's Licence or Passport)
Proof of Income: Employer’s declaration or pension declaration (not older than 1 month), recent salary slips*
Proof of current address: recent CBB extract or recent invoice of utility company (not older than 3 months)
First deposit: minimum of SRD 25, USD 50 or Euro 50 (chequing account) and SRD/USD/Euro 100 (savings account)

Non-Residents

Two (2) forms of identification (e.g. ID card, Driver's Licence or Passport)
Reference letter or bank statements of the foreign bank (not older than 6 months)
Proof of Income: Employer’s declaration or pension declaration (not older than 1 month), recent salary slips
Proof of current address: recent extract of the population register or recent invoice of utility company (not older than 3 months)
First deposit: minimum of SRD 25, USD 50 or Euro 50 (chequing account) and SRD/USD/Euro 100 (savings account)

Savings Account USD EUR
Savings Rate 0.25% n/a
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