Passbook Savings Account
If you prefer to have all your transactions recorded in a convenient pocket-sized book, then you need a Demerara Bank Passbook Savings Account. Save at your own pace and keep track of all transactions processed to your account.
- Minimum Deposit - $5,000
- Rate of Interest - 0.5%
Requirements:-
- Valid Passport / National Identification Card
- Recent Proof of Address (within 6 months)
- TIN Certificate / Driver's Licence
- Job Letter /Recent Pay Slip / Financial Statements
What you need to know:
- A charge is levied for no-book withdrawals from passbook accounts.
- Withdrawals from joint passbook accounts are not permitted when the passbook is not presented.
- ATM Cards are not issued on the Passbook Savings Account