Residents

■ Valid Photo Identification

            ● Valid Bahamian passport or:

            ● Two (2) Category A documents; or

            ● One (1) Category A document and One (1) document from Category B; or

           ● One (1) Category A document and One (1) document from Category C; or

           ● One (1) Category B document, and One (1) document from Category C.

Categories of Documents

Suitable Referee

■ Current or former employer with whom the Bank has an existing relationship;

■ School principal or guidance counselor;

■ Licensed public accountant;

■ Senior official at or above the rank of manager at any Central Bank SFI;

■ Employee of the financial institution at which the service is being requested;

■ Senior civil servant, including law enforcement officer;

■ Doctor of medicine;

■ Elected official;

■ Justice of the peace or notary public;

■ Minister, priest, or other religious leader;

■ Counsel and Attorney-at-law; or

■ Any other individual that the Supervisory Authority (the Central Bank) may designate

Minimum requirements- Certification or Statements by a Suitable Referee

■ Any certification or statement provided by a Suitable Referee must include the following minimum details:

       ● Client’s full name;

       ● Client’s residential address;

       ● Client’s occupation (or nature of self-employment);         

      ● Referee’s name, address, occupation and contact details (such as phone number);

       ● How long the referee has known the client;

       ● A statement confirming that the referee believes the information provided about the client to be true; and     

        ● Signature of the client and referee with the date the document was signed

Minor Accounts

■ Passport

■ Certified photograph of the minor & birth certificate

■ Valid school identification for students enrolled in College or University

■ All documentation for the adult/parent who will be a signatory to the account

Rates and terms subject to change. Conditions apply.

Residents

■ Valid Photo Identification (any of the following):

          ● Valid Driver’s License (issued in the country in which the client is resident)

           ● Valid Passport

          ● National ID (Voters/Electoral Identification Card) Note: Where the Government issued Identification does not indicate nationality or place of birth, additional documentation will be required to validate the applicant’s nationality and place of birth. 

■ Taxpayer Registration Number (TRN) - If different from Driver’s License

■ Confirmation of Address* (any of the following):

                 ● Recent Utility Bill in individual’s name

                 ● Recent Bank or Credit Card statement (issued within the last 3 months)   (issued within the last 3 months)

                 ● Confirmation of current enrollment  

                 ● Second form of identification bearing address from a College or University   (except Driver’s License)

                 ● Written confirmation from parent, guardian, spouse or landlord along with acceptable proof of address 

                ● Confirmation from Employer 

                 ● Tenancy Agreement

                 ● CIBC Caribbean Account Holder

■ Source of Funds—Job Letter, Pay Slip or other evidence to support purpose of account

Non-Residents

● Two forms of valid identification (A valid passport and one other from the list above)

● Confirmation of Address (as stated above)

● Banker’s Reference (where unavailable, bank statement issued within the last 3 months)

● Source of Funds—Job Letter, Pay Slip or other evidence to support purpose of account

Certification

Where original documents are not seen by a CIBC Caribbean representative, these should be certified and dated as true copies of the originals by any one of the following who shall affix his/her seal:

      ● Justice of the Peace/Notary Public

      ● Foreign Embassy Consular  

      ● Senior Civil Servant

      ● Lawyer  

      ● Senior Banker

      ● Certified Accountant

      ● Member of the Judiciary

The Certifier should complete a Letter of Instruction to Certifiers which should be submitted along with the certified documents.

Minor Accounts

■ Passport (or certified photograph of the minor)

■ Birth certificate

■ Taxpayer Registration Number (TRN)

■ Valid school identification for students enrolled in College or University

■ All documentation for the adult/parent who will be a signatory to the account

*Minors are not required to be present for account opening

Foreign Currency Savings 100 Units of Foreign Currency (USD, CDN, GSP)

Rates and terms subject to change. Conditions apply.

Residents

■ Valid Photo Identification (any of the following):

          ● Valid Driver’s License (issued in the country in which the client is resident)

           ● Valid Passport

           ● National ID (National Issue Identity card, Citizenship Card, Armed Forces ID Card  (issued in the country in which the client is resident)  Note: Where the Government issued Identification does not indicate nationality or place of birth, additional documentation will be required to validate the applicant's nationality and place of birth.

■ Taxpayer Registration Number (TRN) - If different from Driver’s License

■ Confirmation of Address* (any of the following):

                   ● Recent Utility Bill in individual's name (issued within the last 3 months)  

                   ● Bank or Credit Union Reference (no more than 3 months old)  

                   ● Recent Bank, Credit Card or Credit Union statement (issued within the last 3 months)  

                    ● National Insurance/Social Security Card

                    ● Confirmation from Employer  

                    ● Tenancy Agreement in client’s name

Non-Residents**

■ One form of Valid Identification (from the list above)

■ Confirmation of Address (as stated above)

■ Two Character References (where applicable)

■ Banker’s Reference** (where unavailable, bank statement issued within the last 3 months)

■ Source of Funds—Job Letter or other evidence to support purpose of account

Certification

Where original documents are not seen by a CIBC Caribbean representative, these should be certified and dated as true copies of the originals by any one of the following who shall affix his/her seal:

      ● Justice of the Peace/Notary Public

      ● Foreign Embassy Consular  

      ● Senior Civil Servant

      ● Lawyer  

      ● Senior Banker

      ● Certified Accountant

      ● Member of the Judiciary

The Certifier should complete a Letter of Instruction to Certifiers which should be submitted along with the certified documents.

Minor Accounts

■ Passport (or certified photograph of the minor)

■ Birth certificate

■ Taxpayer Registration Number (TRN)

■ Valid school identification for students enrolled in College or University

■ All documentation for the adult/parent who will be a signatory to the account

*Minors are not required to be present for account opening

*Document must bear the residential address of the Client **Banker’s Reference must be received within 60 days of initial application

Rates and terms subject to change. Conditions apply.

Residents

■ Valid Photo Identification (any of the following):

          ● Valid Driver’s License issued in the country in which the client is resident (Exception Barbados)

           ● Valid Passport

          ● National ID (issued identity card, Citizenship card, Armed Forces ID Card, issued within the country in which the client is resident)

■ Confirmation of Address* (any of the following):

            ● Valid Driver’s License (Exception Barbados)

            ● Bank/Credit Union or Major Credit Card Statement (not more than 3 months old)

             ● National Insurance/Social Security Card

             ● Tenancy Agreement in client’s name

             ● Letter from current employer (not more than 3 months old)

             ● Bank or Credit Union Reference (no more than 3 months old)

             ● Original Utility Bill or Cable Bill in the client’s name

Non-Residents

● One form of Valid Identification (from the list above)

● Confirmation of Address (as stated above)

● Two Character References (where applicable)

● Banker’s Reference (where unavailable, bank statement issued within the last 3 months)

● Source of Funds—Job Letter, Pay Slip or other evidence to support purpose of account

Certification

Where original documents are not seen by a CIBC Caribbean representative, these should be certified and dated as true copies of the originals by any one of the following who shall affix his/her seal:

      ● Member of the Judiciary

      ● Senior Civil Servant

      ● Senior Banker 

      ● Justice of the Peace/Notary Public 

      ● Foreign Embassy Consular

      ● Lawyer

      ● Certified Accountant

The Certifier should complete a Letter of Instruction to Certifiers which should be submitted along with the certified documents.

Minor Accounts

■ Valid Passport

■ Certified photograph of the minor (no more than six months old)

■ Child’s birth certificate

■ Valid school identification for students enrolled in College or University

■ All documentation for the adult/parent who will be a signatory to the account

*Minors are not required to be present for account opening

Minimum Amounts to Open Accounts

Rates and terms subject to change. Conditions apply.