Interest will be calculated on minimum monthly balances of $500 or more and paid monthly on the last day of each month.
| Here are the features of your Savings Plus account | Here are the benefits of your Savings Plus account |
|---|---|
| FREE OneCard/LINX Card (optional) | Keep track of your account balance Get convenient 24/7 access to your account via theBlue Machine, the largestABM network locally Enjoy the flexibility of paying for goods and services at LINX merchantsnationwide. You don’t need to carry cash! Get immediate access to funds in an emergency |
FREE OneCard Wallet | Protects your OneCard from damage |
FREE and instant access to your account(s) with RepublicOnline, RepublicMobile App or RepublicMobile SMS banking. | No need to leave home!With electronic banking, you can:
|
Two FREE withdrawals per quarter | Develop a good saving habit! |
FREE Passbook | Keep track of your account balance |
No restrictions on deposits | Building a nest-egg is easy! |
Help choose the account that’s right for youCompare Now!
| Interest Rates | Service Fees |
|---|---|
| Current Rate: 0.10% paid on the last working day of month on balances of $500.00 or more. | Two FREE debits per quarter. If you exceed this limit, you have to pay a fee of $4 per extra debit (ABM, POS and Teller Fees may apply). This fee is applied on the 24th of March, June, September and December. Cost of ABM transactions at other banks:
|
What you will need
Before visiting our branches, ensure you have the following documents:
Identification Requirements if you are:
- New and Existing Republic Bank Customer
- Non-Resident or Foreign Based National
One (1) form of Identification which clearly states your nationality (e.g. National Identification Card or Passport).
Kindly note the following:
- Where a Drivers License has been presented which does not explicitly state your nationality, you would be required to provide another form of Identification such as your National ID, Passport or any other document that validates your nationality, for instance your Birth Certificate
- If you have dual nationality, you are to provide one (1) form of Identification stating the nationality relating to each country of which you are a national.
For New and Existing Republic Bank Customers
Recent Utility Bill and Authorization Letter, if the utility bill is not in your name
Job Letter
Pay slip
Reference Letter (In some cases)
Required Deposit for opening
To ensure that you have all the documents needed to open the account, kindly contact any one of our conveniently located branches before your appointment date. Our friendly branch staff will be happy to assist you.
For Non-Residents or Foreign Based Nationals
Utility Bill in the customer’s name valid for three (3) months (Telephone, Electricity, Water, Cable/Internet)
N.B. Where the utility bill is not in the customer’s name, the customer can submit the lease agreement, where available, or a letter from the landlord addressed to the Bank.
Proof of income:
- Salaried individuals - Job Letter and a recent payslip dated within the last three (3) months
- Self-Employed individuals will be required to submit further financials;
- Up-to-date Audited Financial Statements (for the last three (3) years) OR
- Management Accounts (for the last three(3) years) OR
- Statement of Affairs and Statement of Income & Expenditure (these are available at the Sales Department upon request)
- For a start-up entity*: An opening Balance Sheet & Cash Flow projections
Reference letter from the customer’s bankers abroad (not required where a non-national has proof of legal status and has been residing in Trinidad and Tobago for over five (5) years)
Where applicable, Work Permit/ CSME Certificate/ Other official document granting permission for employment/ Letter of enrollment/acceptance from Institution in Trinidad & Tobago (for Students only)*Start-up entity refers to entities which have been in operation for less than three (3) years.
