Foreign Currency Savings Account
Foreign currency account to suit your needs
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No withdrawal limit
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Access your money from anywhere
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Benefits & Features:
- Passbook account
- Interest paid monthly at a rate of 0% per annum, on the daily balance.
- USD$2000.00 minimum balance requirement
- Free online banking access
- No charge for withdrawals done with passbook
- No limit on the number of withdrawals per month
- No service charge or account maintenance fees
- Free reactivation of dormant accounts
Requirements to open:
- Minimum opening deposit amount USD $2000.00
- Two valid Photo - (1) Passport and (2) Driver’s License / Social Security / National ID Card.
- Proof of residential address - Utility Bill
- Job letter to verify income and one-character reference from Bankers, Attorney, Accountant, Merchants, or Well-known and respected BOML customer
OR if unemployed
- Two character references from Bankers, Attorney, Accountant, Merchants, or Well-known and respected BOML customer
Important:
- Documents should not be more than three months’ old
- All letters must be addressed to The Manager, Bank of Montserrat Ltd, Brades, Montserrat
Fees
- Replacement Passbook - USD$10.00
- Interim statements – USD$5.00 per sheet
- Transfer of Funds internally – USD$10.00
- Account closed within 3 months – USD$15.00
Forms to be completed
Ready to open account? Come and see us today and speak to a representative
Multiple ways to access and manage your account
Online banking
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Mobile banking
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At branch
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Frequently asked questions
I'm Having trouble accessing my account online. What should I do?
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How do I dispute a charge on my account?
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How do I contact the payment assistance team?
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