Barbados Dollar Deposits

At Consolidated Finance we accept deposits for periods exceeding one (1) year with interest rates that are higher than those offered by commercial banks. We are the best place to safeguard and grow your nest egg.

BARP Deposits

Throughout our long-standing relationship with the Barbados Association of Retired Persons (BARP), we have offered a special premium to BARP members of ¼ percent. This premium is added to your Term Deposit rate.

How does it work?

  • An agreed amount is placed in our care for a fixed amount of time.
  • As a BARP member you receive your premium on presentation of your valid membership card.
  • We offer the option to all depositors of withdrawing monthly, quarterly, semi-annually or at maturity.

What documentation should I provide?

Before visiting Consolidated Finance, and to ensure shorter processing times, please review our documentation checklist:

  • Application Form
  • Checklist
  • Declaration by pensioners 60 years and over for exemption to withholding tax
  • Know-Your-Customer as per Central Bank of Barbados guidelines
  • Source-of-funds declaration

Consolidated Finance is a member of the Barbados Deposit Insurance Corporation.

Find out more by contacting us at +1-246-467-2357 or +1-246-467-2376.

US Dollar Deposits

At Consolidated Finance we can accept your US Dollar Deposits for agreed periods.

How does it work?

  • A designated amount is placed in our care for an agreed amount of time.

What documentation should I provide?

  • Simply walk with two forms of identification in addition to proof of address.
  • Alternatively, call one of our traders at 467-2379 or 467-2382.