Fixed Deposits

STABLE NOW, FOR THE BEST FLEXIBILITY LATER
  • Grow your savings and manage risk more predictably
  • Guaranteed interest rate over the investment period
  • Protected from market fluctuations during the locked-in period
  • Interest is accrued quarterly and paid on maturity
  • Enjoy deposit insurance coverage on Fixed Deposits up to TT$125,000 from the Deposit Insurance Corporation of Trinidad and Tobago

Requirements To Open An Account

For Individuals

  1. One valid form of Photo ID (Passport, National ID)
  2. Proof of address
  3. ANSA Bank ‘Know Your Customer’ Form
  4. Proof of income: Job letteand salary slip from the last 2 months
  5. If retired: NIS Slip, Pension Statement or Bank Statement validating pension
  6. Declaration of Source of Funds (for deposits over TT$50,000)

Limited Liability Companies

  1. One valid form of Photo ID (Passport, National ID) from each:
    • Beneficial owner with more than 10% shareholding interest
    • Director
    • Account Signatory
    • Corporate Secretary
  2. Certificate & Articles of Incorporation
  3. ANSA Bank ‘Know Your Customer’ Form
  4. Certificate & Articles of Continuance (if incorporated before 1996)
  5. Articles of Association (if incorporated before 1996)
    • By-Laws (if incorporated after 1995)
  6. Annual Return within the last 12 months
  7. Return of Beneficial Ownership (Form 45)
  8. Financials or Management Accounts for the last 3 years
  9. Corporate/Board Resolution
  10. Declaration of Source of Funds for deposits over TT$50,000
  11. 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
  12. 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. One valid form of Photo ID (Passport, National ID) from each partner
  2. 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
  3. ANSA Bank ‘Know Your Customer’ Form
  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
    • 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)