Chequing Accounts

We have a range of chequing accounts that fit your individual needs,so that you can enjoy maximum convenience.

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This bank account allows easy access to your funds and reduces the need to visit the bank or ATM for cash. A personal checking account is a safer and more convenient way to make personal payments.

Requirements For Personal Chequing Account

Requirements to open:

  • Minimum opening deposit amount USD $2000.00
  • Two valid Photo - (1) Passport and (2) Driver’s License / Social Security / National ID Card.
  • Proof of residential address - Utility Bill
  • Job letter to verify income and one-character reference from Bankers, Attorney, Accountant, Merchants, or Well-known and respected BOML customer

OR if unemployed

  • Two character references from Bankers, Attorney, Accountant, Merchants, or Well-known and respected BOML customer

Important:

  • Documents should not be more than three months’ old
  • All letters must be addressed to The Manager, Bank of Montserrat Ltd, Brades, Montserrat

Fees:

  • Min monthly Service Charge (Personal) $25
  • A/C closed within 3 months (Personal) $30
  • Min monthly Service Charge (Corporate) $30
  • A/C closed within 3 months (Corporate) $30
  • Cheque Books (25 leaves) $25
  • Cheque Books (50 leaves) $45
  • Cheque Books (100 leaves) $80
  • Cheque Books (150 leaves) $100
  • Cheque Books (200 leaves) $125
  • Minimum monthly Overdraft Interest $30
  • Overdraft in excess of normal limit 1% on excess
  • NSF Charge (per cheque) $50
  • Returned Cheque Charge $50
  • Transfer from A/C to cover cheque $15
Requirements For Personal Chequing Account

A corporate checking account is used for business transactions. A running balance allows you to keep track of your account balance at all times and prevents you from overdrawing your account.

This is a special chequing account for United States Dollar currency. 

 

Not sure what chequing account is best for you?

Call us and tell us what you’re looking for in a bank account and we’ll help you choose the most appropriate option for you.