Basic Bank Account (Basis Bankrekening)
The Basic Bank Account at Orco Bank is a simplified, no-frills current account created to meet the requirements of the National Ordinance on Basic Banking Services. It is specifically designed to offer essential banking services to residents of Curaçao who may not otherwise qualify for a traditional bank account.
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Who Can Apply & Required Documents
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Key Features & Fee Details
This account is for individuals who:
- Reside in Curaçao
- Do not currently have any bank account with Orco Bank or another institution
- Are adults or minors represented by a legal guardian
- Are willing to open the account in person. Make E-appointment (Select Basic Bank Account from the product options): Click here.
Please note: Joint accounts are not permitted for this product.
What You'll Need to Apply
- Valid Identification Document (e.g. Sedula, Local Driver's License with Proof of Local Registration or Passport with Proof of Local Registration)
- Proof of Address if applicable (e.g. recent utility bill or official registration document in your name)
- Proof of income if applicable
- Declaration that you do not hold another bank account and are not in the process of opening one elsewhere
- Applicants must be willing to open the account in person. Make E-appointment (Select Basic Bank Account from the product options): Click here
Applicable Fees
- All standard Orco Bank fees apply to the Basic Bank Account, except for the reduced administrative fee.
Need Assistance?
If you have questions or need assistance applying, our team is here to support you.Contact Orco Bank:
WhatsApp: (+599 9) 732 7000
Email: info@orcobank.com
Key Features
- Account Type: Non-interest-bearing Current Account
- Currency: XCG only
- Monthly Administrative Charge: XCG 4.50
- Minimum Opening Deposit: XCG 25.00
- Maximum Account Balance: XCG 10,000
- Maximum Monthly Deposit: XCG 3,000
- Statement Cycle: Monthly
- Statement Type: Online only
- Debit Card: Provided free of charge
- Online Banking: Free access
- Local Transfers: Available between Curaçao and Sint Maarten
Applicable Fees
- All standard Orco Bank fees apply to the Basic Bank Account, except for the waived administrative fee.
Important Account Limitations
- No international transfers are permitted
- No authorized overdraft facility
- Any unauthorized overdraft (e.g., monthly charges) will incur:
- 17.75% interest for Curaçao accounts - Inactivity Clause: Accounts with a positive balance and no activity for 24 consecutive months will be closed. To reopen an account, any negative balance must be settled, and a new application must be submitted.
Need Assistance?
If you have questions or need assistance applying, our team is here to support you.Contact Orco Bank:
WhatsApp: (+599 9) 732 7000
Email: info@orcobank.com