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(507) 340-6917 / 340-6918


Belize International Bank Accounts

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International bank accounts enable our clients to manage their finances wherever they are in the world. These accounts are tax-free and not subject to currency controls. Accounts are available to both personal and corporate clients in US Dollars, Canadian Dollars, Pounds and Euros.

Belize Bank Current Accounts (equivalent to checking Accounts in the USA) are designed to provide you with immediate access to your funds either by wire transfer or banker’s draft.

Key Features of Current Accounts:

  • Available in US Dollars, Canadian Dollars, Pounds and Euros
  • 24-hour online banking
  • Visa & MasterCard Credit Card
  • Visa Debit card
  • Checkbooks available,  upon request
  • Standing orders
  • A monthly statement is provided free of charge
  • Minimum deposit of US$1,000 (or currency equivalent) to open accounts should be maintained at all times
  • Overdraft available upon request (refer to Credit) Other Ancillary Services: Wire Transfers Bank Drafts Online Banking

STOCK TRADING ACCOUNT

The first step to building your portfolio is to open a brokerage account. These accounts allow you to purchase stocks, bonds, mutual funds, and other investments by paying professionals to buy or sell the items you tell them to. The fee you pay them is called a “commission”, and can range from as low as $5 to $10 dollars, to upwards of several hundred dollars. The price difference arises when you choose between either a discount or traditional broker. Traditional brokerages provide a wider range of services, and have the price tag to match. They serve along the lines of professional money managers and can offer advice as to what investments might be right for you. Discount brokers are companies that tailor to the more self-directed investor; they don’t offer advice as to what to put your money into, leaving you to make your own financial decisions and charging you much less than their traditional counterparts.

In opening a new account, the minimum investment can vary, usually ranging from $500-$1,000 (and even lower for IRA’s and other retirement and education accounts). Most offer the option of either having an application form sent to you, or allowing you to fill them out online, print them, and mail them in with a check. The process is easy and can be done fairly quickly at almost all financial institutions.

Once you have opened an account, you have the ability to start investing your money. All brokerages give you the option of setting up automatic monthly withdrawals, which will transfer an amount you specify each month from your savings or checking account to your brokerage account. This can be an easy way to start building up your equity; if you don’t see it, you won’t spend it. Since you won’t notice the money that is missing each month, saving will be relatively painless.

Electronic e-commerce creates more mobile markets, removing borders, increasing competition and presenting new opportunities to merchants, consumers and financial parties such as banks.

E-commerce merchant service is a service that allows Internet businesses to accept Visa and MasterCard credit cards via the Internet as a form of payment for goods or services anywhere in the world. It provides an easier method for clients to shop over the Internet and allows merchants to sell their goods and services to a global market, thus make life easier for both the clients and merchants.

CERTIFICATES OF DEPOSIT

Attractive rates of interest are available with Belize Bank’s Certificate of Deposits. The minimum deposit required to open an account is US $25,000. The rate paid is dependent on the term and size of deposit. Interest paid is free of tax in Belize.

Key Features of Certificate of Deposits Accounts:

  • The interest rate at time of deposit is fixed until maturity
  • Available in terms from 30 days to 365 days +
  • Access to your account information through online banking
  • Your deposit is automatically renewed (unless you instruct otherwise)
  • Interest is calculated on a daily basis and paid at maturity
  • Available in US Dollars, Canadian Dollars, Pounds and Euros

 

Belize Bank Account

Personal Bank Account US$595.00
Corporate Bank Account US$695.00
Personal Trading Bank Account US$695.00
Corporate Trading Bank Account US$795.00
Merchant Account US$1,295.00