Our US Dollar Savings Accounts provide you with the best and most secure alternative for banking your US currency, while yielding excellent returns and allowing straightforward access to your deposits. Your Business will benefit from the highly competitive interest rates paid by our traditional savings accounts as well as from the real-time wiring facilities offered for international bank transfers.

When opening your US Dollar Savings Account at our Bank you will rely on efficient management information facilities that will provide you immediate access to and complete control over your funds.

 (*) NOTA: Se sugiere que se especifique que los de “US Dollars” ya que el mercado financiero internacional también opera con  el Dólar Canadiense y el Dólar Australiano.

Benefits:

• Deposits may be made in either cash or check.
• Real-time wiring facilities offered for international bank transfers.
• Immediate access to deposits received via international wire transfers.
• Immediate access to deposits made in either cash or check.
• No service charge applied to cash deposits dating back to 30 days or more.
• Over 187 branch offices located throughout the country, ready to assist you.
• Monthly issuance of account statements.
• Access to account balances through information management services that operate 7 days a week.
• Obtention of instant loans in US currency.
•  Payment of Annual percentage yield (APY) through monthly credits made to your account.
• Supply of bankbooks to aid you in the control of transactions (optional).

Requirements for Opening the Account:

• Business Statutes. 
• List of Subscribers and Statement of Payments.
• Statutes of Incorporation duly cleared by the Legal Department.
• Notarial  Affidavit.  
• Minutes of Shareholders’ Assembly for the Incorporation of Business.
• Tax ID Registry (Registro Nacional del Contribuyente- RN).
• Copy of Commercial Registry Certificate.
• Newspaper edition showing the publication of Incorporation of Business, duly certified by the editor (applies to companies established prior to January 2003).
• Copy of the Document issued by the Secretaría de Industria y Comercio (Secretariat of Industry and Commerce) authorizing Name of Business Entity.
• Copy of any Power of Attorney document that might have been granted, if applicable.
• Copy of Shareholders’ General Assembly minutes granting the undersigned authorization to open the Account.
• Credit references issued by both the company’s President as well as  by the major shareholder.

For additional information please contact us at Telebanco Popular

(809) 544-5555 in Santo Domingo or dial *BPD from a mobile telephone.