Bank Accounts

Accounts can be established in person at our Head Office located on Redcliffe Street, or by downloading the relevant documentation and forwarding it to our offices by e-mail or regular mail.
Please select the required account type below and see details on how to proceed. 

ABIB offers the following account types:

Savings Personal
Savings Joint
Chequing Personal
Chequing Joint
Fixed Deposits Personal
Fixed Deposits Joint
Corporate 

Savings Account (Top)

Thank you for your interest in establishing a Savings Account (personal/joint) in our books. To begin the process, the following documentation must be provided by each signatory:         

·         Valid Photo ID (Passport/National ID) 
·         Original recent utility bill
·         Original letter of reference from Credit Bureau/Financial Institution (non-residents only)

The minimum amount required to open a Savings Account is XCD25.00.  For deposits over XCD27,000 (USD10,000), a Declaration of Source of Funds form should be completed. 

Download Adobe Acrobat Reader  to view PDF Files - Click Here

Personal Account Agreement/Signature Card
ABIBpersonalaccount_sigcard.pdf


Joint Account Agreement/Signature Card
ABIBjointaccount_sigcard.pdf

Declaration of Source of Funds
ABIBdecofsourcefunds.pdf

Our staff will gladly assist you in completing the forms or answering any questions you may have; so do not hesitate  to contact us.

Once the documentation is duly completed and the relevant information obtained, kindly send it to our Head Office.

 

Chequing Account (Top)

Thank you for your interest in establishing a Chequing Account (personal/joint) in our books. To begin the process, the following documentation must be provided by each signatory:

·         Valid Photo ID (Passport/National ID)
·         Original Recent utility bill
·         Original letter of reference

The minimum required to open a Chequing Account is XCD1,000 or, for a foreign currency account, USD1,000.  For deposits over XCD27,000 (USD10,000), a Declaration of Source of Funds form should be completed.

Download Adobe Acrobat Reader  to view PDF Files - Click Here

Personal Account Agreement/Signature Card
ABIBpersonalaccount_sigcard.pdf


Joint Account Agreement/Signature Card
ABIBjointaccount_sigcard.pdf

Declaration of Source of Funds
ABIBdecofsourcefunds.pdf

Our staff will gladly assist you in completing the forms or answering any questions you may have; so do not hesitate  to contact us.

Once the documentation is duly completed and the relevant information obtained, kindly send it to our Head Office .

 

Corporate Accounts (Top)

Thank you for your interest in establishing a Corporate Account in our books. To begin the process, the following documentation must be provided by each signatory:       

·         Valid Photo ID (for signatory, director, principal owner)
·         Original Bank references
·         Original/Certified copy of Certificate of Incorporation
·         Certificate of Good Standing
·         Original/Certified copy of Organizational Minutes appointing Directors
·         Original Corporate Resolution to open account appointing bankers, signatories to the account and the signing authority
·         Proof of underlying beneficial owner(s) (If Antiguan registered offshore company)

For all accounts, and depending on the type of account, the following forms must be completed:
Download Adobe Acrobat Reader  to view PDF Files - Click Here

Appointment of Bankers Form
ABIBcorpaccount_sigcard.pdf

Declaration of Source of Funds
ABIBdecofsourcefunds.pdf

Declaration of Business Activity
ABIBdecofbusactivity.pdf

 

Fixed Deposits  (Top)

NEW! Get up to 6.5% interest on ABIB Fixed Deposits

Thank you for your interest in establishing a Fixed Deposit Account (personal/joint) in our books. To begin the process, the following documentation must be provided by each signatory:

·         Valid Photo ID (Passport/National ID)
·         Original Recent utility bill
·         Original letter of reference  

The minimum to open a Fixed Deposit Account  is XCD5,000 and a Declaration Source of Funds should be completed.

For all accounts, and depending on the type of account, the following forms must be completed:
Download Adobe Acrobat Reader  to view PDF Files - Click Here

 

Declaration of Source of Funds
ABIBdecofsourcefunds.pdf

Declaration of Business Activity
ABIBdecofbusactivity.pdf

Our staff will gladly assist you in completing the forms or answering any questions you may have; so do not hesitate  to contact us

Once the documentation is duly completed and the relevant information obtained, kindly send it to our Head Office (this should take you to our 'Contact Info' page).

Rates for Certificate of Deposits in ECD
Range / Months		3	6	12
$1,000 to $4,999		3.50%	3.75%	4.00%
$5,000 to $24,999		3.75%	4.00%	5.00%
$25,000 to $49,999		4.50%	4.75%	5.00%
$50,000+		5.00%
Rates for Certificate of Deposits in USD
Range / Months		3	6	12
$1,000 to $4,999		2.00%	2.50%	2.75%
$5,000 to $24,999		3.00%	3.25%	3.50%
$25,000+		3.75%	4.00%

 

Drafts/Money Orders (Top)

You can purchase a draft in EC Dollars or in four other foreign currencies (US Dollars, Canadian Dollars, Barbados Dollars or Pounds Sterling).

EC draft                                    EC$20.20

Foreign currency draft                EC$15.20 minimum

Wire Transfers (Top)

Wire transfers can be used for personal or business purposes.  You can pay outstanding invoices, school fees, or any other payments anywhere in the world.

Competitive Rates!  Quick receipt of funds!  Immediate credit!