Business Accounts

Regular TT$ Current Account

Running a business may not always be easy but managing your business accounts should definitely be simple.
Minimum Opening Balance

$1,000

Interest Rate

0.00%

monthly on minimum balance

Maintenance Fees

$0 /month*

Debit Card & Cheque Book

Free

Fees:

Premium TT$ Current Account

Keep on top of your business’ finances to take it to the next level
Minimum Opening Balance

$15,000

Interest Rate

0.15%

Maintenance Fees

$0 /month

Debit Card & Cheque Book

Free

* Debit card is available to sole proprietors only

See all Fees & Charges

Premium TT$ Privilege Account

The success of your business is our top priority. We will meet the unique needs of your business so it can continue to thrive.

* Debit card is available to sole proprietors only

Minimum Opening Balance

$50,000

Interest Rate

1.00%*

1n balances above $10M

Fees

All waived

Debit Card & Cheque Book

Free

Requirements To Open A Business Account

Limited Liability Companies

  1. ANSA Bank Know Your Customer Form
  2. One valid form of Photo ID (Passport, National ID) from each:
    • Beneficial owner with more than 10% shareholding interest
    • Director
    • Account Signatory
    • Corporate Secretary
  3. Certificate & Articles of Incorporation
  4. Certificate & Articles of Continuance (If incorporated before 1996)
  5. Articles of Association (If incorporated before 1996)
  6. By-Laws (if incorporated after 1995)
  7. Annual Return within the last 12 months
  8. Return of Beneficial ownership (Form 45)
  9. Financials or Management Accounts for the last 3 years
  10. Corporate/Board Resolution
  11. Declaration of Source of Funds for deposits over TT$50,000
  12. The following listed businesses also require registration certification by FIU
    • Co-operative & Building Societies
    • Non-Profit Organizations
    • Real Estate
    • Money or Value Transfer Services
    • National Lotteries/On-line betting
    • Art Dealers
    • Motor Vehicle Sales
    • Jewellery
    • Gaming Houses/Pool Betting
    • Private Members’ Club
    • Professional Providers – Attorneys, Accountants
    • Trusts & Company Service Provider
  13. Foreign Entities would also require:
    • Certified copies of documents listed above
    • Banker’s reference
    • FATCA W-8BEN /W-9 Form (For US Persons)

Partnerships

  1. ANSA Bank Know Your Customer Form
  2. One valid form of Photo ID (Passport, National ID) from each partner
  3. Proof of address from each partner
    • Utility bill not older than 3 months (Cellular bills not accepted)
    • Bank statement from another financial institution
    • Address via register of electors
    Where no utility bill is available, provide the following:
    • Copy of lease agreement or a letter from landlord and rent receipt
    • Letter from a public authority
    • Tax assessment
    • Authorization letter signed by spouse or parent with their ID.
  4. Certificate of Registration
  5. Partnership Deed/Agreement
  6. Proof of Earnings
    • Business bank account statements for 6 months
    • Financials or management accounts for the last 3 years
  7. Declaration of Source of Funds (for deposits over TT$50,000)
  8. Foreign Nationals
    • Employed in Trinidad must provide a valid work permit/CSME certificate/residency certificate.
    • A banker’s reference is needed if customer has no local financial history
    • FATCA W-8BEN/W-9 Form (For US Persons)