Be a customer of the Bank for at least 6 months
Large Company
At Banco Azul, our executives want to understand your company’s needs so we can provide you with a comprehensive support plan and genuine financial advice. Discover how practical our banking products and services are for all your financial transactions, from loans to cash flow management.
Our service focuses on
Personalized attention from our executives located in our corporate offices
A range of financial products tailored to each company
Accounts
Business Savings Account
It is a demand deposit account that is managed electronically, with attractive and banded interest rates, in which the deposited funds are immediately available and generate interest for a specified period.
Benefits:
Interest rate bands
Transactions using online banking, BancAzul Empresas
Interest is calculated on daily balances and compounded monthly.
Zero commission for minimum account balances
Amount
Minimum opening amount USD 100.00
Classic Current Account
It is a type of account that allows you to access your funds in full or in part by means of a checkbook.
Benefits:
Full availability of your funds immediately through check issuance or electronic transfers.
We’re giving you your first checkbook free of charge (without personalization).
You can make transfers, check balances, pay for services, pay salaries, pay suppliers and pay for Banco Azul products through our electronic channels.
You can personalize your checkbook with your business logo.
Amount
Minimum opening amount USD 100.00
Interest-Bearing Current Account
This account allows you to not only access your funds in full or in part through checkbooks or transfers, but also to earn a return through a competitive interest rate.
Benefits:
Interest rate bands
Interest is calculated on daily balances and compounded monthly.
Full availability of your funds immediately through check issuance or electronic transfers
We’re giving you your first checkbook (without personalization)
You can make transfers, check balances, pay for services, salaries and suppliers, and pay for Banco Azul products through our electronic channels
You can personalize your checkbook with your business logo.
Minimum opening amount
Minimum opening amount USD 100.00
Blue Term Deposits
Our Blue Fixed-Term Deposit is designed for businesses seeking stable returns on their savings. This tool allows you to invest your business funds with peace of mind and receive better returns at a fixed interest rate, agreed upon from the outset.
Benefits:
You will receive the returns on your deposit monthly, credited at the end of each month to the account of your choice.
Certificates of deposit are automatically renewed on the maturity date at the published rate, and have a grace period of 15 calendar days to renew or cancel them.
Minimum opening amount
The minimum opening amount is USD 3,500.00, which allows you to invest and earn returns immediately.
Term
From 30 days to 720 days
Credits
Multi-destination Investment
We offer this loan to meet your medium- and long-term investment needs and provide financial relief for your business. You can use this loan for debt consolidation, real estate purchases, vehicle and machinery purchases, and other purposes.
Benefits:
- It allows you to boost, strengthen and expand your business, as it finances up to 80% of the guarantee.
- You consolidate several loans into one and free up cash flow by paying a single installment.
- The installments include principal and interest.
- We offer competitive interest rates and fees based on an analysis of your company.
- You have the option to include in the loan payment the insurance against damage to the construction of the property offered as collateral
- It includes life insurance as applicable, thus providing adequate coverage for your company.
Term
We offer attractive terms of up to 20 years depending on the purpose of the operation and the credit analysis of your business.
Working Capital
We support your business by providing liquidity through a decreasing loan designed to meet your day-to-day needs. This loan is focused on short- and medium-term needs for purchasing local and/or international inventory, recovering capital, or investing in a new product line, among other purposes.
Benefits:
- Personalized attention from a Corporate Executive, who will provide you with the best options to boost your business growth.
- Financial advice to determine the loan amount according to the needs and situation of your business
- Fast response time once the necessary documentation is submitted
- The installments include principal and interest.
- We offer competitive interest rates and fees based on an analysis of your company.
- Life or property damage insurance may apply, depending on the case
Term
You can obtain up to 4 years of repayment depending on the financial assessment of your business.
Revolving credit
We provide working capital financing through an assigned quota that you can use at any time, according to the needs of your business.
You can use the assigned credit limit in full or in part while the credit line is active. This credit is intended for the purchase of inventory locally and/or abroad, payment of taxes and payroll, among other uses.
Benefits:
- Provide your business with the cash it needs for its day-to-day operations
- You can use the credit limit in full or in part, as you see fit.
- As payments are made towards the credit, availability is restored to the line of credit.
- The payment amount is adjusted according to the amount requested
- We offer competitive interest rates and fees based on an analysis of your company.
- Life or property damage insurance may apply, depending on the case
Minimum disbursement amount
Minimum disbursement amount: USD 5,000.00.
Automatic Credit with DAP Guarantee
Banco Azul offers this financial tool that, through a fixed-term deposit (DAP), provides immediate solutions for emergencies or unexpected events. This loan enjoys automatic approval and immediate disbursement, using your fixed-term deposit as collateral.
This product is aimed at individuals with business activity and legal entities.
Benefits:
- Granting credit without the need for evaluation
- Instant disbursement to your account
- We finance up to 80% of the value of the term deposit held as collateral.
- Interest rate of 4 points above the DAP rate
- The fixed-term deposit will continue to generate interest on the full amount.
- Taking out life insurance is optional.
Term
The term of the Automatic Credit is independent of the term of the DAP.
Foreign Trade
Import and Export Letters of Credit
We offer you a more reliable payment instrument for activities related to foreign trade, in which you can make or receive payment from a third party against the delivery of documents that prove the sale of a good or a service provided, complying with all credit terms and conditions.
Benefits:
High payment security for both parties, backed by international practices
Payment will be made if the terms and conditions of the letter of credit are met.
The importer allows you to ensure that the goods will be delivered according to the agreed terms and the possibility of obtaining financial support.
Confidence to the exporter that their payment will be made
Requirements
- That a commercial relationship exists between a buyer and a seller
- Meet the requirements for opening a revolving line of credit dedicated to letters of credit
International Transfers: Incoming and Outgoing
Transferring money internationally has never been easier. We help you make transfers without leaving your location. Send money quickly and securely to anywhere in the world.
Benefits:
Greater security, since the transaction is done electronically, thus avoiding the risks of loss or counterfeiting of currency.
Greater convenience, as you receive the funds directly into your account
Speed, since the credit to the account is made immediately once the instructions from the issuing bank are received.
Requirements
Natural and legal persons
If you are an individual, the service will only be offered for payments for personal use (study expenses, medical expenses, family remittances)
Be a customer of the Bank for at least 6 months
Collections
Through this service we act as the intermediary, managing the collection or payment of your goods with clients and/or suppliers in any country in the world in an agile and efficient manner.
Benefits:
Shipping documents are only delivered to the importer against payment or acceptance of a bill of exchange, according to the exporter’s instructions.
A line of credit is not required
Confidentiality and efficiency in handling your documents with specialized and personalized advice
Requirements
LBTR and SIPA Regional
We offer our regional LBTR and SIPA systems, which will allow you to make electronic fund transfers between the countries of the Central American region and the Dominican Republic, in a fast, secure and low cost manner
Benefits:
Fast transfer of your funds to its sister companies in Central America and the Dominican Republic
Automate your processes and provide better payment services to your customers abroad.
Requirements
Be a customer of the Bank for at least 6 months
