Maduro & Curiel's Bank NV maintains strict Know-Your-Customer rules. We believe this to be not only in compliance with Aruba, Curaçao, Sint Maarten and on the BES islands Bonaire, St. Eustatius and Saba law, but also in the best interest of our bank and all our clients. Prior to opening a personal account with our bank, we will require at least two reliable references. These may include acceptable bank references or employers references. In addition, we will inquire at what use the account will be put to.
If the account is to be a corporate account, we will require the Articles of Incorporation of the company, a copy of its registration in the appropriate commercial Register and all the necessary corporate resolutions. In addition, if the account is a non-resident (offshore, exempt) account, we will also require acceptable bank references on the beneficial owner of the corporation and legally valid identification documents of the beneficial owner.
Finally, as with personal accounts, we will ask to what use the account is to be put.
Maduro & Curiel's Bank and all its subsidiary banks comply strictly with Aruba, Curaçao, Sint Maarten and on the BES islands Bonaire, St. Eustatius and Saba legislation requiring 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 know that all of this might seem intrusive to you. If so, please bear in mind that you too benefit from knowing that your bank, Maduro & Curiel's Bank NV, has appropriate procedures in place to ensure it will not be abused by money-launderers and others who wish to make criminal use of the banking system.