Certificates of Deposit
All natural persons, of legal age, Cuban or foreign, permanent or temporary residents in the national territory, individually or jointly, representing minors of whom they are parents or guardians or by voluntary representation by means of a Power of Attorney.
They may also be opened to those persons incapacitated in the civil order who require this service due to the fact that they are beneficiaries of insurance policies, when by decision of the court or the Attorney General's Office, or through the approval of the Secretary of the BPA.
They are accepted for a minimum amount of 100 CUP and 500 USD or CUC for any amount including fractional currency, in the case of CUP and CUC.
Its balance is represented in National Currency (CUP), U.S. Dollars (USD) or Free Convertible Currency (CUC).
The tax periods are 3, 6, 12, 24, 36 and 60 months, not extendable at maturity.
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