Passbook Savings Account

If you prefer to have all your transactions recorded in a convenient pocket-sized book, then you need a Demerara Bank Passbook Savings Account.  Save at your own pace and keep track of all transactions processed to your account.

  • Minimum Deposit               -           $5,000
  • Rate of Interest                    -           1.15%

Requirements:-

  • Valid Passport / National Identification Card
  • Recent Proof of Address (within 6 months)
  • TIN Certificate / Driver's Licence
  • Job Letter /Recent Pay Slip / Financial Statements

What you need to know:

  • A charge is levied for no-book withdrawals from passbook accounts.
  • Withdrawals from joint passbook accounts are not permitted when the passbook is not presented.
  • ATM Cards are not issued on the Passbook Savings Account

 

Account Application Form