Foreign Currency Denominated Credit Cards – Residents
Published: Friday January 28th, 2022
Operation of Foreign Currency Denominated Credit Cards by Residents
i. applicant’s name and address;
ii. a copy of the relevant pages of the applicant’s passport along with documentation to confirm
his/her Bahamas immigration status, if any;
iii. confirmation of the specific purpose for which the card will be held;
iv. expected credit limit;
v. expected type of payments to be made with the card;
vi. confirmation of the bank and branch at which the card will be held;
vii. a copy of the lender’s agreement (inclusive of the terms of the credit card, i.e., credit limit,
terms of repayment, etc.)