Accounts
Current Active Account
If you have regular payables and receivables, and can maintain a high minimum account balance, you can benefit from this type of account.
Single Currency
Available in USD only.
Earn Interest
Get 1.00% interest rate return.
Unlimited Withdrawals
Withdraw your funds any time, cash or non-cash forms, as long as your minimum ongoing balance is maintained.
Unlimited Replenishments
Allows unlimited cash or cheque deposit at our bank branches, at your convenience.
Current Active
Conditions
Conditions
| USD | |
|---|---|
| Initial Balance | 10,000 |
| Minimum Ongoing Balance | 20,000 |
| Interest Rate | 1.00% p.a |
| Interest Payment | Monthly |
| Early Closure Fee (within 3 months) | 50 |
| Cheque book | 5 |
| Dormancy Fee | 10 |
| Stop Cheque Payment | 10 |
| Cheque Dishonor Fee | 60 |
| Service Charge (Bi-Annually) | 20 |
Note: All terms and conditions are subject to change to ICD Bank. Sole discretion in changing without prior notice.
Current Active
How to Apply
How to Apply
Visit us in person, and one of our staff will gladly walk you through the account opening procedures.
Current Active
Requirements
Requirements
- ID OR Passport
- Certificate of Incorporation
- Local Business Registration
- Certificate of change of name (if applicable)
- Memorandum of Association
- Patent with Tax Identification Number (TIN)
- List of Board of Director & Board of Management (e.g. CEO/ President, etc.) (if applicable more than 1 shareholder)
- List of the shareholder & Ownership Structure of Company (if applicable more than 1 shareholder)
- Board of Director’s Resolution (if applicable more than 1 shareholder)
- Beneficial owner is a corporate entity (if applicable more than 1 shareholder)
- Declaration on Source of Fund