Earn 3.50% APY on $10,000 balances. No fees. FDIC Insured.
www.CapitalOne.com/DirectBanking
Compare online banking services and offers from leading banks.
www.matchpoint.com/online_banking
Search CD Rates in Your State. Compare Banks Upfront and Free.
Deposits.Interest.com
Beat any rate in the US guaranteed. 8% Savings Government-insured...
BankCD.com
No Fees. No Minimum Deposit. Open Online & Start Saving Now!
www.INGdirect.com
100% Approval, No ChexSystems, Credit Checks, or Security Deposit.
AccountNow.net
Aruba-based bank offering commercial and retail banking services, as well as off-shore banking services.
www.arubabank.com
Full service commercial bank established in Aruba since 1962 offers investment and banking services including online banking.
www.cmbnv.com
Offers personal, commercial and student banking services as well as exchange rates and financial news.
www.mcb-bank.com
Earn 3.50% APY on $10,000 balances. No fees. FDIC Insured.
www.CapitalOne.com/DirectBanking
Guide to Banks in Aruba
All you need to know about banking in ArubaTake the time to carefully research your options for banking in Aruba. Volatility in the financial sector of all countries is not uncommon these days. Here a few thing to keep in mind:
- Collect all of the information you can on banking and Aruba commercial banking institutions before you move or conduct any business in the country.
- Seek help with finding the right bank in Aruba from people who have already gone through the process. Ask friends, family, expatriates or anyone who has banked in the nation on the steps you need to take to get things done.
- Use the largest commercial banks in Aruba for personal use since they will be the ones that give you the most access and services.
Action Steps
The best contacts and resources to help you get it done
Assemble general information on Aruba banks
It is important to know all you can about business banking in Aruba before you being the process of opening a bank account in the country. You want to know about the bank's policies, foreign investment, the exchange rate and any other information you can think of to make your business or personal transactions easier.
I recommend:
Visit Aruba gives detailed information on banking in Aruba from the exchange rate to the availability of ATM’s throughout the island. EscapeArtists.com has a host of information for anyone looking to move or do business in Aruba.
Contact expatriates for advice on banks in Aruba
If you don't know where to begin when banking in Aruba seek out expatriates for advice. They have already made the transition from US to Aruba so they can give you the information you need to begin that process.
I recommend:
The Aruba.com forums are a good place to meet people who have moved to Aruba and ask them for information about Aruba banks. Aruba Forum is a site where you can communicate with expats and tourists regarding all aspects of life on Aruba.
Use the largest Aruba banking institutions for everyday business
Just as there are benefits to using the big banks here in the US there are advantages to using the biggest Aruba commercial banks for your everyday banking in the island nation. Using the largest Aruba banks will give you more access to branches throughout the nation, more access to ATM's as well as just making your transition to Aruba much easier.
I recommend:
Aruba Bank and Banco di Caribe are two of the biggest banks on the island and are equipped with ATM machines throughout the nation. Be warned however, cash is generally dispensed in local currency not dollars.
Tips & Tactics
Helpful advice for making the most of this Guide- Pay attention to the actions of the Central Bank of Aruba. The decisions they make will affect monetary policy, other Aruba banking institutions and the economy as a whole.
