St Maarten News Sint Maarten News Sxm News Saint Martin News


The only ATM on the island is often out of order. In addition, depositing money is not possible. The executive council of the public body of Saba and the Saba Business Association (SBA) are jointly raising the alarm about the lack of options when it comes to banks on the island. While the island had for some time had a tiny office of the Windward Island Bank (WIB), located on St. Maarten, next to the Royal Bank of Canada (RBC), the inhabitants have been at the mercy of the latter for some time as the only banking service provider. To make matters worse, the RBC has now further reduced its services on the island. For example, cashier services are no longer provided, while online customers can only choose from a very limited package of services. In order to arrange other banking matters, residents now have to take a plane to arrange matters on St. Maarten that are not possible on Saba itself. Something that is challenging and above all expensive in normal times; but almost impossible in Corona time. The island still has one ATM, for which it has to bear the costs itself since the WIB closed its doors. The machine does not work more often than it does. Letter The BC has sent a letter to Minister of Finance Wopke Hoekstra, to once again draw attention to the problem when it comes to banking services on the island, or rather: the lack thereof. Hoekstra said last year, in response to similar complaints, that the services on St. Eustatius and Saba in particular were now somewhat better than before. The residents of both small islands will probably disagree with the minister. ”

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.