Open a bank account in Grenada
Guidance on preparing to open a local bank account in Grenada, including the documents and practical steps that may apply to your move.
Where to go in Grenada
Bank: Republic Bank (Grenada) Limited
Account to ask for: e-Free
CurrencyXCD
Minimum to openEC$1
What to bring
What Republic Bank asks for when you open a e-Free in Grenada:
- One valid photo ID: a passport, national ID card, or driver's permit (must not be expired)
- Proof of address: a utility bill, or the bank's confirmation-of-address form if the bill isn't in your name
- Proof of income: a job letter and a copy of your contract if employed; up-to-date financial statements or tax returns if self-employed
If you are not resident yet
Opening before you have moved, or while your status is still being sorted out? Republic Bank asks for these on top of the documents above:
- A utility bill covering the last three months, or your lease agreement
- Proof of income: job letter and payslip, or financials if you run a business
- A banker's reference letter from your current bank
- Your work permit, CARICOM Skills Certificate or student documentation, where these apply
Good to know
- No monthly maintenance fee, and no interest paid on the balance. An activity fee of EC$11.50 a month applies only if you use branch teller services.
- Non-resident applicants need extra documents that the bank does not publish online. Call the branch on 1-473-444-2265 before you apply.
This is guidance, and banks change their fees and document lists. Confirm the current requirements with Republic Bank (Grenada) Limited before you travel to a branch.
We can handle this for you
Gathering documents, opening the account and everything else needed for a successful move to Grenada, from your visa or CSME certificate to flights, housing and banking, is exactly what we do every day. Reach out and we’ll walk you through it.
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