Optimizer Account

Optimizer Account

Invest and enjoy the best of both worlds

Our Optimizer account is specially designed for the serious investor who needs the flexibility of attractive interest and regular monthly transactions.

If you are a serious investor who needs the flexibility of earning competitive interest and regular monthly transactions, then Optimizer is ideal for you!

Tiered interest rate structure offers interest calculated on minimum daily balances of GY$100,000 and over, and paid March, June, September and December yearly

Here are the features of your Optimizer account: Here are the benefits of your Optimizer account:

Republic VISA OneCard

Convenience of 24-hour access to your account via the Blue Machine

The largest ATM network locally

Flexibility of paying for goods and services at over 300 merchants nationwide – no need to carry cash! Click here to see the listing

FREE Quarterly Statements

To keep track of your account balance

FREE up to the minute access to account information with Republic TeleBanker, using a touch tone phone

No need to leave home or office! Access your account via a touch-tone phone to:

  • Check account balance
  • Transfer funds from one account to another
  • Pay bills, for example, Cable, Telephone, Water, Insurance

FREE up to the minute access to account information with RepublicOnline , using the internet

No need to leave home or office! Access your account via the internet to:

  • View your:
    • account balance
    • transaction history
    • statements
  • Transfer funds from one account to another
  • Perform third party transfers
Pay your credit card and utility bills, for example, Cable, Telephone and Water

No restrictions on deposits

Building a nest-egg is easy!

Interest Rates Service Fees

Below GY$100,000 – Nil

GY$100,000 – GY$999,999 – 0.50%

GY$1M and over – 0.60%

 

GY$60 per withdrawal at the ATM

GY$25 to pay bills using Republic TeleBanker or RepublicOnline

Point-of-Sale transactions are Free of charge when done on RB(G)L terminals

Withdrawals performed over the counter - less than or equal to GY$100,000 – GY$200 per withdrawal

What you will need

Before visiting our branches, ensure you have the following documents:

For Companies

Two (2) forms of Identification (ID card, valid Driver's License or valid Passport) for all parties to the account
Proof of Address - issued within the last 6-8 months for all parties to the account
Proof of Income /Job Letter - issued within the last 6-8 months for all parties to the account
TIN Certificate for all parties to the account
The required amount to open the account (GY$100,000)
Two character references for all parties to the account
Articles of Incorporation (post 1995)
Certificate of Continuance (for companies registered prior to 1995)
Articles and Memorandum of Association (for companies registered prior to 1995)

For Individuals

Two (2) forms of Identification (ID card, valid Driver's License or valid Passport)
Proof of Address - issued within the last 6-8 months
Proof of Income /Job Letter - issued within the last 6-8 months (where applicable)
TIN Certificate
The required amount to open the account (GY$100,000)

For non-nationals
In addition to the above, either of the following items must be presented to establish this account:

A Banker's reference
Statement from the Credit Bureau


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