The Windward Islands Bank Ltd. maintains a strict Know-Your Customer rule. We believe this to be not only in compliance with Aruba, Curacao, St. Maarten (SXM) and on BES Islands Bonaire, St. Eustatius and Saba law, but also in the best interest of our clients. Prior to opening a personal account with our bank, we require applicants to have at least two reliable references. These may include acceptable bank references or employer references. In addition, we will inquire at what use the account will be put to.
The Windward Islands Bank Ltd. and its affiliate banks comply strictly with Aruba, Curacao, St. Maarten and on BES Islands Bonaire, St. Eustatius and Saba legislation which requires that all unusual and/or suspect transactions be reported to the appropriate "MOT Agency" and that the stipulated identification is provided prior to extending financial services.
We understand that the process might seem intrusive to you. However, please bear in mind that you will also benefit from knowing that your bank, The Windward Islands Bank Ltd., has the appropriate procedures in place to ensure that your banking transactions will not be abused by money-launderers and others who wish to make criminal use of the banking system.