Opening a bank account in Venezuela

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Julien Founder

Member since 11 March 2005

17 years of happy life abroad

JulienFounder28 September 2011 07:43:18

52765

Hi all,

is it difficult for expats to open a bank account in Venezuela ?

Which documents are required to open a bank account in Venezuela ?

How long does it take to open it ?

Is there any restriction for expats regarding the services (loans for instance) ?

Which bank would you recommend ?

Thanks in advance for your participation,

Julien

TioBill Member

Member since 04 July 2011

TioBillMember09 October 2011 20:10:32

I opened a account while I was working in Venezuela. I could only get a checking acct with a debit card. A resident visa is needed to get a credit card. 5 years is needed for a residencia although there are short cuts if you want to pay. I have been waiting 7 years and have been told next year i can get mine.