e-Free

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Bank FREE, easy and convenient

If you prefer using RepublicOnline or our Blue Machines (ATMs) rather than visiting our branches, then e-Free is the account for you!

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
Three (3) free in-branch debits per month
Auto Transfers are available to and from this account
Service Fees

There is no monthly service charge for your e-Free account.

e-Free activity Fee – Three (3) free in-branch debit transactions per month. If this is exceeded, an over the counter fee of $5 will apply.

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.
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