Statement Savings Account
Our Statement Savings Account is linked to our ATM service and caters to the individual customer who appreciates technology-based banking services.
Upon opening an Account customers are automatically issued with our Kaieteur Classic Debit Card, which allows them to use the ATM facility to withdraw cash, make deposits, transfer between accounts and pay utility bills from their accounts at their convenience. Additionally, the Card allows customers to benefit from our Point-of-Sale service to make payment for purchases from stores, supermarkets etc. Transaction slips serve as a record while bank statements are prepared and mailed every three months. Interest is calculated on the minimum balance for the quarter and paid at the end of April and October.
The ATM and Telephone Banking are 24-hr services; enabling customers avoid dealing with bank lines and bank hours. ATMs and Point-of-Sale terminals are located around Georgetown and countrywide for your convenience.
How to Apply
The requirements for the opening of a Statement Savings Account are:
1) Minimum opening balance of $5,000
2) Valid Identification Card or Passport
3) Proof of Address
And for Joint Parties:
4) A completed Account Mandate