It is a product designed for business clients like yourself, featuring a Checking Account with a pre-approved credit line and payment of tiered interest rates based on the balance of your account.

Benefits:

• Personalized service.  
• Payment of tiered interest rates based on the balance of your account.  
• No maintenance fees associated to minimum monthly balances. Please consult our rates.
• Expeditious design and delivery of checkbooks.  
• Ample network of branch offices that reduce the operational risks associated with the transportation of cash.  
• Provides for a monthly issuance of checkbooks totally free of charge.

Requirements for Opening the Account:

• Business Statutes. 
• List of Subscribers and Statement of Payments.
• Statutes of Incorporation duly cleared by the Legal Department.
• Notarial Affidavit.
• Minutes of Shareholders’ Assembly for the Incorporation of Business.
• Tax ID Registry (Registro Nacional del Contribuyente- RN).
• Copy of Commercial Registry Certificate.
• Newspaper edition showing the publication of Incorporation of Business, duly certified by the editor (applies to companies established prior to January 2003).
• Copy of the Document issued by the Secretaría de Industria y Comercio (Secretariat of Industry and Commerce) authorizing Name of Business Entity.
• Copies of any Power of Attorney document that might have been granted, if applicable.
• Copy of Shareholders’ General Assembly minutes granting the undersigned authorization to open the Account.
• Credit references issued by both the company’s President as well as by the major shareholder.

For additional information please consult your Accounts Officer or contact us at Telebanco Popular by dialing (809) 544-5555 in Santo Domingo or *BPD from a mobile telephone.