Trinidad and Tobago Bank Notes Security Features
Banking Week was held from Monday 27th June-Friday 1st July, 2016.
“Better Banking-For You”
In an effort to improve the disclosure and transparency in the local residential mortgage market, the Central Bank of Trinidad and Tobago, together with the commercial banks (BATT), have introduced the “Residential Real Estate Mortgage Market Guideline”.
Before you can open an account there are certain requirements you must fulfill.
The Code of Banking Practice (the Code) seeks to foster good relations between Banks and their Customers (as defined below) and to promote good banking practice by formalising standards of disclosure.
The new electronic payment system refers to the Real Time Gross Settlement (RTGS or Safe-tt), and the Automated Clearing House (ACH or Transach) systems of making payments electronically, especially for large value payments, instead of through the use of cheques.
The code outlines industry practices and consumer and industry responsibilities, which will help to protect consumers in their use of Debit Card Services in Trinidad and Tobago.
The motivation behind terrorist financing is ideological as opposed to profit seeking, which is generally the motivation for most crimes associated with money laundering.