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Personal · Deposits

Regular Savings

Financial security is achieved when one can meet day-to-day expenses while saving for long-term goals. Open a Bank of Nevis savings account today and watch your money grow with an attractive rate of interest.

Overview

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Features

Quarterly interestAttractive rate paid every quarter.
Low opening balanceEC$25.00 to start.
Passbook trackingDeposits, withdrawals and interest on every page.

Benefits

Easy to startNo large lump sum required.
24-hr ATM accessCash and balance, day and night.
B-online bankingTrack and transfer from anywhere.
Emergency reserveAlways have a cushion for the unexpected.
Bill paymentsPay bills and receive transfers.
Loan collateralCan be pledged as loan security.

Application Form

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Open your account today

Download and complete the application form, or open the form in fullscreen and fill it out online before bringing it in. Need help? Our team will walk you through it at any branch.

Account_Application_Form.pdfPDF viewer

Terms & Conditions

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The full conditions of operation apply. Key points are summarised below; the complete document is available as a PDF.

Minimum opening balance and ongoing requirements
Account opens with EC$25.00. Interest is paid quarterly on March, June, September, and December.
Statements, fees and charges
A monthly e-statement is provided at no cost. Paper statements available on request for a small fee. See full Schedule of Rates & Charges.
Closure, dormancy and reactivation
Accounts with no activity for 12 months are marked dormant. A reactivation fee applies and may be waived for BON Gold Club members.
Deposit insurance and protection
Your funds are protected in accordance with the Banking Act of St. Christopher and Nevis. The Bank of Nevis is licensed and supervised by the Eastern Caribbean Central Bank.
Frequently asked

Got questions?

What do I need to open an account?
Two pieces of photo ID (passport, national ID, or driver's licence), proof of address dated within 3 months, and the minimum opening deposit. Visit any branch and we'll set you up in about 20 minutes.
When is interest paid?
Quarterly for most savings accounts (March, June, September, December). The BON Gold Club pays interest monthly.
Is there a monthly fee?
Standard savings accounts have no monthly service charge. Checking accounts have a small monthly charge - see the Schedule of Rates & Charges for current amounts.
What happens if I don't use my account?
Accounts with no activity for 12 months are marked dormant. A reactivation fee applies. BON Gold Club members are exempt from this fee.
Is my money insured?
Your funds are protected in accordance with the Banking Act of St. Christopher and Nevis. The Bank of Nevis is licensed and supervised by the Eastern Caribbean Central Bank.

Still have questions? Talk to us →

Step in & open today

Start saving with The Bank of Nevis.

Visit any branch with your completed application and a valid ID. Our team will get you set up in minutes.

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