ANSA Merchant Bank Barbados review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Our verdict
ANSA Merchant Bank Barbados serves business and corporate customers in BB with fixed-rate deposits supervised by the Central Bank of Barbados. Trading as ANSA Merchant Bank (Barbados) Limited since 1983, it places money for terms of 12 to 36, which suits treasury teams that can lock cash rather than savers wanting instant access.
Key facts
- Best for
- Locking business surplus cash at a fixed rate for a known term.
- Rate type
- Fixed↗
- Term
- 12 to 36 months↗
- Access terms
- Fixed deposits only, one to three-year commitment, business and corporate customers↗
- Account kind
- Fixed↗
- Legal entity
- ANSA Merchant Bank (Barbados) Limited↗
- Headquarters
- Barbados↗
- Founded
- 1983↗
- Support channels
- Phone, Email, Help-centre↗
- Pricing model
- Fixed rate
- Official website
- bb.ansamerchantbank.com
Facts checked September 26, 2026, 3 sources
Apps and profiles
- Elsewhere
Pros and cons
Pros
- Supervised by the Central Bank of Barbados, so balances are placed with a regulated bank rather than an intermediary.
- The rate is fixed and the model is fixed rate, so the return on a placement is set at the start and does not move with the market during the term.
- Terms run 12 to 36, which gives a treasury team a clear window for planning reinvestment.
- A long operating history as ANSA Merchant Bank (Barbados) Limited, dating back to 1983, with support on phone, email and help centre.
Cons
- Access is limited to fixed deposits, so there is no easy-access or notice option for holding spare cash.
- Every placement ties funds up for 12 to 36, so business and corporate customers must plan ahead before depositing.
- Support runs on phone, email and help centre only.
Who it suits
- Business and corporate customers in BB that want a fixed return on surplus cash.
- Treasury teams able to commit to terms of 12 to 36 without needing early access to the money.
- Customers who want to bank with an institution supervised by the Central Bank of Barbados.
Who should look elsewhere
- Anyone who needs easy-access savings: XTB pays a variable rate, so cash stays liquid.
- Households weighing headline returns on flexible savings: eToro pays a variable rate on balance instead of tying money to a term.
- People keeping everyday balances in a wallet: PayPal Colombia pays a variable rate on savings balances.
How ANSA Merchant Bank Barbados compares
9.6 vs 8.6
9.6 vs 9.5
9.6 vs 8.0
9.6 vs 8.9Interest on balance is variable, which suits cash held alongside investments rather than placed as a business deposit.
9.6 vs 8.9
9.6 vs 9.1
9.6 vs 9.1
9.6 vs 8.9
9.6 vs 8.7- 9.6 vs 8.0
9.6 vs 9.0
9.6 vs 8.1
9.6 vs 8.7
9.6 vs 8.0
9.6 vs 9.5
9.6 vs 9.4
9.6 vs 9.3
9.6 vs 9.2
9.6 vs 9.0
9.6 vs 8.7
9.6 vs 8.5
9.6 vs 8.5
9.6 vs 8.5
9.6 vs 8.4
9.6 vs 8.3
9.6 vs 9.0
Where ANSA Merchant Bank Barbados is available
- Available
- Barbados
- Licence in Barbados
- Central Bank of Barbados, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What kind of account does ANSA Merchant Bank Barbados offer?+
It offers fixed deposits only, set at a fixed rate. The product is aimed at business and corporate customers, so personal savers are not the market it is built for. Money placed follows a set commitment rather than sitting in an open balance.
How long does money stay committed?+
A placement runs for 12 to 36, and the return is fixed for the same window. Customers who may need cash sooner should hold working capital elsewhere. Short, flexible terms are not part of this product.
Is the rate fixed or variable?+
The rate type is fixed, and the pricing model is fixed rate. The return does not rise or fall with market moves during the term, which is the point for a treasury planner. Balance-based options paying a variable rate suit a different need.
Who regulates the bank?+
The Central Bank of Barbados supervises the institution in Barbados. The legal entity is ANSA Merchant Bank (Barbados) Limited, and it has traded since 1983. Clients should read the bank's own terms for how deposits are treated and what happens on default.
How do you get hold of the bank?+
Support runs on phone, email and help centre, so phone, email and a help centre are the routes offered. Anyone working across time zones may prefer email, which can be sent outside opening hours. A phone call is the faster option for anything time sensitive.
Who is this product built for?+
Access is limited to business and corporate customers, and the deposits are fixed. Households after an instant-access savings account will find a different shape of product elsewhere. Corporate treasury teams can plan around a 12 to 36 commitment.
Can a deposit be broken early?+
The stated access terms are a commitment of 12 to 36, so a placement is not designed for early release. Treat the money as unavailable for that period and keep working capital in a separate account. Confirm any early exit terms with the bank before placing funds.
How does the term compare with other fixed deposits?+
Fixed-rate products in this ranking reach 60 months, and the median across them is 12 months. Terms of 12 to 36 sit at the committed end of that range.
Sources
- bb.ansamerchantbank.com checked September 26, 2026
Backs: Headquarters, Support channels
“Hasting Main Road, Christ Church, Barbados, WI”
- bb.ansamerchantbank.com/About/History checked September 26, 2026
Backs: Founded, Legal entity, Licences
“1983 Consolidated Finance was established as a finance company whose purpose was to finance vehicles sold by its sister company, Charles McEnearney & Co. Ltd.”
- bb.ansamerchantbank.com/Business/Treasury checked September 26, 2026
Backs: Access terms, Account kind, Pricing model, Rate type, Term
“The Treasury and Foreign Exchange team at ANSA Merchant Bank facilitate the flow of funds worldwide in all major currencies for our Business and Corporate customers.”
Compiled from 3 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Headline rate, Minimum deposit, Deposit protection.
Related by the facts
ANSA Merchant Bank Barbados
Locking business surplus cash at a fixed rate for a known term.