BAC Florida Bank

Deposit Accounts

Deposit Accounts

personal

BAC Florida Bank’s International Private Banking Division caters to individuals, corporations, Personal Investment Companies, and non-profit organizations from Latin America.

We offer products and services to individuals and organizations looking for a trusted advisor and seeking solutions for their wealth management needs in a personalized setting.

Personal Checking Account*

Checking account ideal for handling everyday transactions.

Features
  • AmeriTransfer® – Internet based fund transfer system within Central America, Panama and the United States.
  • Online statements.
  • ATM availability.
  • Minimum opening deposit amount required.
  • Minimum monthly average balance required.
Personal Interest Bearing Checking Account

This account offers the flexibility of a checking account and the return of a savings account with ATM access.

Features
  • AmeriTransfer® – Internet based fund transfer system within Central America, Panama and the United States.
  • Online statements.
  • Interest accrues daily based on rates offered by the Bank.
  • Interest earned and credited monthly.
  • Minimum opening deposit amount required.
  • Minimum monthly average balance required.
  • Available only for individuals and non profit organizations.
Super NOW Account

As of January 1, 2011, the Super NOW account is no longer eligible for unlimited FDIC insurance coverage.

Features
  • AmeriTransfer® – Internet based fund transfer system within Central America, Panama and the United States.
  • Online statements.
  • Interest accrues daily based on rates offered by the Bank.
  • Interest earned and credited monthly.
  • Minimum opening deposit amount required.
  • Minimum monthly average balance required.
  • Available only for individuals and non profit organizations.
Personal Savings Account

Savings account with competitive rates and access to cash through ATM system.

Features
  • AmeriTransfer® – Internet based fund transfer system within Central America, Panama and the United States.
  • Online statements.
  • Interest accrues daily based on rates offered by the Bank.
  • Interest earned and credited monthly.
  • Minimum opening deposit amount required
  • Minimum monthly average balance required.
  • Withdrawal limitations ***
Personal Money Market Account

This account offers competitive rates on your deposits. You may make an unlimited number of deposit transactions and a limited number of withdrawals monthly.

Features
  • AmeriTransfer® – Internet based fund transfer system within Central America, Panama and the United States.
  • Online statements.
  • Interest accrues daily based on rates offered by the Bank.
  • Interest earned and credited monthly.
  • Withdrawal limitations ***
  • Minimum opening deposit amount required.
  • Minimum monthly average balance required.
Personal Premium Money Market Account

This account offers premium rates for average monthly balances of over US$100,000.00.

Features
  • AmeriTransfer® – Internet based fund transfer system within Central America, Panama and the United States.
  • Online statements.
  • Interest rates higher than the interest rates for the regular Money Market Account.
  • Interest accrued and credited monthly.
  • Withdrawal limitations ***
  • Minimum opening deposit amount required.
Time Deposit (TD)

This account offers a guaranteed competitive interest rate for fixed period of time. Various maturities and rates available.

Features
  • Interest accrues daily based on rates offered by the Bank.
  • Automatic renewal at maturity.
  • Minimum opening deposit amount required.
  • Fees apply to any TD canceled before the maturity date.
Flexible Time Deposit (TD)

This account offers a guaranteed competitive rate of return for a period of time. Various maturities and interest are available.

Features
  • The “Flexible CD” is a special type of time deposit that allows you to make 2 withdrawals of up to 50% of the original balance with no penalty before maturity.
  • Two maturities available: 5 Months & 10 Months.
  • Automatic renewal at maturity.
  • Minimum opening deposit amount required.
Euro Denominated Time Deposits *

Euro denominated time deposits which offer a guaranteed competitive rate of return for an established period of time.

Features
  • Interest accrues daily based on rates offered by the Bank.
  • Fees apply to any CD canceled before the maturity date.
  • Minimum opening deposit amount required.

* This account is not covered or guaranteed by the FDIC (Federal Deposit Insurance Corporation).

** As of January 1, 2011, the Super NOW account is no longer eligible for unlimited FDIC insurance coverage

*** Limit of six (6) transactions of preauthorized, telephone, or online transfers per calendar month from your savings and money market accounts. We will close or reclassify your Account if these limits are exceeded in any 3 months during any 12 months. Unlimited transactions are transfers made to pay loans at BAC Florida Bank and withdrawals made through ATMS, mail, messenger, or in person.

  • DISCLOSURE
    IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT - To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

This is a unique website which will require a more modern browser to work!

Please upgrade today!