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Small Business FAQs
How can we help you?

- 01Kindly be informed that the following documents are required to open a business account: INDIVIDUAL/ REGISTERED BUSINESSES a. E-Certificate of Registration b. Short extract of the business name c. Letter addressed to the Belize Bank requesting the opening of the account, the purpose, signatories, and signing conditions. d. Valid social security card or passport for all individuals on the account and most recent utility bill . e. Address verification for the business (utility bill or lease agreement) INCORPORATED ENTITIES a. E-Certificate of Registration/ Incorporation b. Detailed extract of the business name c. Certificate of good standing d. Articles of Incorporation and By-Laws e. Letter addressed to the Belize Bank requesting the opening of the account, the purpose, signatories, and signing conditions. f. Valid social security card or passport for all individuals on the account and most recent utility bill . g. Address verification for the business (utility bill or lease agreement)
- 02Having a small business account is highly beneficial for your business. Below we have listed some of these benefits: a. Ability to maintain proper records of all the deposits, withdrawals, and payments made by your customers. b. Availability of electronic account statements for ease of balancing. c. Immediate notifications of transactions processed to your account. d. FREE online Banking, E-Kyash, Merchant Services e. Access of financing based on your account records.
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- 09We have special loan and overdraft offers for all our SME customers with special rates and repayment terms. To qualify for a loan or overdraft, you will be required to meet the following requirements: a. Business must be formally registered for at least 12 months. b. Business must be operational for at least 12 months. ials. c. Evidence of business operations will need to be provided and this can be in form of bank statements or business financials. If supporting financials cannot be provided, the request can still be considered based on demonstrated capacity or security. Please feel free to contact one of our SME officers at any of our Belize Bank branches and they will be more than pleased to review your request.
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