A Savings Account is designated by the investment banking where the principal saver, delegates the custody and management of the funds to a financial institution; which repays with an agreed upon interest rate. The principal characteristic is that there is no set time of possession, since the saving is voluntary. At FINCA Honduras, you can open your savings account with only 1 Lempira.
There are three types of savings accounts:
Individual (1 person)
Conjunct (2 people)
Indistinct (2 or more people)
Requirements for Individuals:
18+ years old
Valid identity card (foreigners must provide passport)
2 personal or bank references
Minors:
Birth certificate
Identity card of a parent or legal guardian
Businesses:
Legal document of representative and all the people authorized to sign on the account
Document or Statutes explaing the goals and objectives of the business
RTN (National Bank Registration)
2 Bank references