Convenient air transportation, modern infrastructure, including a telecommunications system, support most kinds of business operations. The banking community of the Bahamas is supervised by the Central Bank of the Bahamas, which attempts to maintain a regulatory environment conducive to investment opportunities, while ensuring the high standards of conduct, as developed by the Basil Committee on Banking Supervision. Checkbooks are issued on these accounts and personalized checks are available on request. Fixed Term Deposits Fixed term deposits are available in most major currencies and can be placed for a term of seven days up to a year. The interest rate payable is fixed for the term of the deposit and depends upon market conditions at the time the deposit is placed, the term of the deposit and the amount which is placed.
Indicative rates are available on a daily basis.
Credit Cards US dollar credit card, 'Barclaycard', offers a range of distinct advantages for you. There is a choice of Visa or MasterCard, and a range of extra benefits including travel insurance, emergency cash and access to the worldwide ATM network. When you take out a Barclaycard, the security the bank takes is 'set-off' against funds you have on deposit with the bank. Investment Services Investment products and services are available to clients who have a banking relationship with Barclays. They provide a securities execution and custody service where they will buy and sell publicly traded securities of your choice, on major exchanges worldwide.