Business Certificate of Deposit

Right for you if: 

  • You would like to invest your business surplus funds

  • You want a guaranteed return on your investment

    Fixed-term deposits are monetary instruments for a specific period of time that accumulate interest. Interest on the certificates will be payable as agreed with the customer.

    The Certificate of Deposit can be renewed automatically at the current rate or renewed upon instruction received three days before its expiration date, according to the conditions specified at the time it is established.

  • Choose the most convenient term for your investments

  • Earn a competitive interest rate

  • Enjoy security and flexibility

  • Generate a stable rate of return

  • Minimum opening balance of $10,000, as established by Republic of Panama law

  • Terms for deposits from one (1) to thirty-six (36) months

  • The interest rate changes according to the amount and the term

  • Copy of the Articles of Incorporation and copy of the Single Tax

  • Two (2) forms of personal ID of the managers, signers, and shareholders (both with photo)

  • Three (3) of the corporation's and shareholders' banking references

  • Business Certificate of Deposit contract

  • Ready to Apply?

    In Person

    Visit your nearest Scotiabank branch

    By Phone from Panama City

    Speak to one of our specialists by calling

    (507) 215-5491
    By Phone from Panama City

    Speak to one of our specialists by calling

    By Phone from the city of David, Province of Chiriqui

    Speak to one of our specialists by calling

    (507) 777-6500