Financial institutions to reopen April 15

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The Central Bank of Barbados and the Financial Services Commission (FSC) said today that all deposit-taking institutions and/or businesses facilitating domestic or international payments can open under the extended 24-hour curfew, which runs from April 15 to May 3. 

The Bank and the FSC, in a statement, said during the curfew financial institutions may reduce the number of branches in operation. They advised, however, that financial institutions, including commercial banks, credit unions and money service remittance firms must:

  • Enforce the requirement that clients use services on the day assigned by their surname or special circumstance.
  • Accommodate, by exception, during the shortened weeks of April 13 and April 27, clients assigned to Monday and Tuesday, and Tuesday and Friday, respectively.
  • Encourage customers to sign up for ATM cards and/or internet banking, where feasible.
  • Adopt protocols for dealing with people who, for the protection of their health, wish to enter the premises wearing masks. Such clients must temporarily reveal their face on entry to the institution and when they approach the customer agent for security and customer identification.

The regulators urged Barbadians to adhere to the new procedures to mitigate the spread of novel coronavirus (COVID-19). (PR)

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