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  1. #1
    Senior Member tavilas's Avatar
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    Can a US Citizens open a Bank Account

    Does anyone know if a US Citizen can open an account in Aruba. Checking/Savings etc. if so whats needed and how much to open?
    thanks

  2. #2
    Senior Member Tom and Stanley's Avatar
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    Yes you can open an account in Aruba. You will need to contact the bank and see what kind of info they will need. It can be done but is not a easy as in the states. Aruba Bank required a bunch of informational letters from the states. . . . It's best to check with the bank for what they require. . . .

    Tom and Stanley (the Aruba Guys)

  3. #3
    Senior Member glynis's Avatar
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    As we where going to purchase a villa last year , which did not happen , we where told that we could not open a bank account untill we had a propery in Aruba , As we wanted to leave some money in Aruba , We are from the Uk.So If it is possible that would be good to know , I will ask again next month .

  4. #4
    Senior Member
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    that what you need to open an account.also you could make an appointment day before go to the bank and this way you know time to come.
    Requirements Opening Account
    What you should bring when opening an account
    Opening of accounts is subject to local laws and regulations. The Bank at all times retains the right to decline an account opening request at its sole and absolute discretion.

    Additional requirements may apply to Non-Residents Accounts.

    Non-Resident accounts are subject to certain foreign exchange tax requirements, as dictated by the Central Bank of Aruba.

    If you are an Aruban resident
    Valid identification document for each account holder: passport, driver's license or Aruban identification card. Identifications which will expire within 2 months will not be accepted.
    In case the identification is not issued in Aruba, the applicant must also present a valid permit.
    If you live in Aruba but do not have the Dutch nationality, a valid work permit is also required.
    An extract from the civil registry or a copy of the utility bill to confirm your local address.
    A copy of your salary slip.
    Only the actual prospective account holder, in person, can open accounts.
    Requests by mail, fax or e-mail will not honored.
    If you are not an Aruban resident
    Two valid ID’s *
    Two bank reference letters addressed to Aruba Bank N.V. or to client's name **
    Employment letter a/o salary slip
    Reference letter from employer
    Chamber of Commerce documents if self employed (own business)
    Our Sales Representative will supply you with more information.
    * Valid Identification
    One ID must be a passport and the other ID may be a driver’s license or identification card. For Venezuelan clients the other ID must be the national cÚdula de identidad.

    ** Reference Letter
    The content of a reference letter should include:

    The legal name, last name and maiden name (if married) of the customer
    Date, place and country of birth
    Resident Address of the customer
    A statement since when the business relationship with the bank started
    The amount of accounts and digits
    If subject has only one bank, a personal reference is required from a registered lawyer or notary
    For more information, visit one of our branches. Our Sales Representatives will supply you with more information.

  5. #5
    Senior Member glynis's Avatar
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    Thats Great I will print this off , as I still have time to get the letters from my bank and relevent paperwork from accountant. Thankyou so much for this information its been so very helpfull.

  6. #6
    Senior Member tavilas's Avatar
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    thank you for the detailed information

  7. #7
    Senior Member
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    Be aware that the different banks can require slightly different things. We have banked at ArubaBank for years (Florin account). We are also longstanding customers of RBC in Canada. RBC here in Aruba has taken over RBTT. After over 20 years with RBC Canada we thought it would be simple to open an account here with RBC. Not the case. Also in addition to what ArubaBank wanted when we opened the account RBC Aruba wanted our tax returns!!!!

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