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e-Free is the account that rewards you for using electronic banking services as your preferred banking channel!
NO MONTHLY MAINTENANCE FEE
Minimum opening balance of $100
FREE OneCard Visa Debit – OneCard Visa Debit gives you 24hr access to ABMs and Point of Sale debit transactions
FREE pocket wallet to protect your OneCard Visa Debit from damage
E-Statements populated monthly
FREE access to your account via RepublicOnline from the comfort of your home, you can:
Access your account.
Transfer funds to self-linked Republic Bank accounts, other Republic Bank accounts and other banks’ accounts.
Keep track of all your account balances and transactions.
Pay your credit card, bills and much more!
FREE ABM transactions
Easy and immediate access to funds
Daily limit of $2,000
FREE Point of Sale transactions
Have the flexibility of utilising your OneCard Visa Debit at merchants. No need to carry cash!
Daily limit of $2,500
Auto Transfers are available to and from this account
Service Fees
There is no monthly service charge for your e-Free account.
There are no charges for use of our Republic Bank Blue Machines (ABMs).
Cost of ABM transactions at other banks:
Approved cash withdrawal - $3.00
Declined cash withdrawal - $1.25
What you will need
Before visiting our branches, ensure you have the following documents:
New to Republic Bank?
ID Verification
Minimum of one of the following documents:
National ID card
Passport
Driver’s license *(only accepted with another form of valid photo ID)
Address verification
Utility bill (not older than 3 months) excluding cell phone
Other Bank statement (excludes credit union statements or statements from other types of financial institutions)
Official Government/Tax document (i.e; correspondence from BRA or NIS)
Rental agreement or contract from Landlord
Circumstances where the person applying for the account does not have utility bills in his/her name. The Bank will provide an authorization letter for completion by the individual in whose name the bills are generated.
Proof of Income/Employment
If employed (job letter or most recent pay slip)
Self-employed
Up-to-date Audited Financial Statements (for the last three (3) years ) OR
Statement of Affairs and Statement of Income & Expenditure
For a start-up entity *An opening Balance Sheet & Cash Flow projections (three (3) years) *Start-up entity refers to entities which have been in operation for less than three (3) years.
For Non-Residents/Non-Nationals only
The following additional documentation is required:
Foreign Banker’s Reference OR Bank Statement (within the last 3 months)
Self-employed
Utility Bill confirming permanent foreign address
Work Permit /CSME Certificate OR Other official document granting permission for employment
Missionary Permit/ Student Visa/ Letter of enrollment or acceptance from educational institution in Barbados (for Students only)
*Additional documents may be required depending on the nature of your application.