St Maarten and Saba - Transactions and Current Accounts
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Transactions & Current Accounts

Current Account

This chequing account is for the individual and entity for business purposes with the added benefit of interest being paid. A Minimum balance is needed to maintain this account - (see bank for details) Interest is calculated on minimum daily balance and paid monthly.


DDA Regular Business

A chequing account targeted at individuals and entities for business purposes.

Long Term Savings

Daily closing / Interest Paid Quarterly.

Term

A deposit of a specific amount for a fixed duration of an interest rate generally higher than offered for a Savings account, this account can be USD or Local Currency. There is a penalty for breakage and interest is paid on Maturity.

Call Account

An interest bearing current account intended for corporate /commercial clients to place deposits for a short period of time. It provides the flexibility of withdrawal on demand, without notice.

 

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