| FIXED DEPOSIT AMOUNT | TERM | INTEREST RATES |
| TT$0 - TT$250,000 | 1 Year | 0.50% |
| TT$250,001 - TT$500,000 | 1 Year | 0.75% |
| TT$500,001 - TT$1,000,000 | 1 Year | 1.25% |
| TT$1,000,001 - TT$5,000,000 | 1 Year | 1.50% |
| TT$5,000,000 and above | 1 Year | 1.75%* |
| TT$5,000,000 and above | 3 Years | Negotiable |
| *Rates are negotiable based on the fixed deposit amount. |
Requirements To Open An Account
For Individuals
- One valid form of Photo ID (Passport, National ID)
- Proof of address
- ANSA Bank ‘Know Your Customer’ Form
- Proof of income: Job letter and salary slip from the last 2 months
- If retired: NIS Slip, Pension Statement or Bank Statement validating pension
- Declaration of Source of Funds (for deposits over TT$50,000)
Limited Liability Companies
- One valid form of Photo ID (Passport, National ID) from each:
- Beneficial owner with more than 10% shareholding interest
- Director
- Account Signatory
- Corporate Secretary
- Certificate & Articles of Incorporation
- ANSA Bank ‘Know Your Customer’ Form
- Certificate & Articles of Continuance (if incorporated before 1996)
- Articles of Association (if incorporated before 1996)
- By-Laws (if incorporated after 1995)
- Annual Return within the last 12 months
- Return of Beneficial Ownership (Form 45)
- Financials or Management Accounts for the last 3 years
- Corporate/Board Resolution
- Declaration of Source of Funds for deposits over TT$50,000
- 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
- Foreign Entities would also require:
- Certified copies of documents listed above
- Banker’s reference
- FATCA W-8BEN/W-9 Form (for US persons)
Partnerships
- One valid form of Photo ID (Passport, National ID) from each partner
- 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
- ANSA Bank ‘Know Your Customer’ Form
- Certificate of Registration
- Partnership Deed/Agreement
- Proof of Earnings
- Business Bank Account Statements for 6 months
- Financials or Management Accounts for the last 3 years
- Declaration of Source of Funds (for deposits over TT$50,000)
- Foreign Nationals
- If employed in T&T must provide a valid work permit/ CSME certificate/residency certificate
- A banker’s reference needed if no local financial history
- FATCA W-8BEN/W-9 Form (for US persons)
