Changes to our Operations


We would like to inform you that the existing banking relationship between Turks and Caicos Banking Co. Ltd. and CIBC First Caribbean (“FCIB”) will end effective October 31st, 2021.

Changes of processes and products:

  • Transfers to FCIB Accounts will still be possible with two options available:
    • International Wire Transfer at a cost of $15.00
    • Certified Managers cheques / Bank drafts at a cost of $10.00
  • We will no longer have a direct connection with FCIB
  • We will not be able to receive or send online transfers locally
  • BUT we will introduce:
  • We will continue to provide bill payment services at the usual rate.
  • Deposits to TCBC can be made via two options:
    • International Wire Transfers
    • In Person Visits to our Office (cheque or cash)

Please feel free to contact us if you have any questions.

Your TCBC Team.

COVID-19 & TCBC Guidelines


Valued Customers,

During the time of the island wide curfew (until April 14th) the operating hours of the Banks in the TCI have been reduced to 9.30am to 1.30pm.

Turks and Caicos Banking Co. Ltd. (TCBC) is a private bank and offers limited commercial services and we have therefore decided to reduce our work force and have most employees working remotely to protect as many as possible. This is also in line with the guidelines of the Turks and Caicos Government.

In that regard, the following TCBC guidelines have been established:

  • Instead of a face to face meeting, please call our office via +1 (649) 941-4994 or send an email to, if you cannot get through to us via telephone call
  • You can of course contact your relationship manager or the person you are usually in contact with directly. We will and have the necessary setup to assist you as always
  • Please consider direct deposits instead of cheque deposit within the Bank
  • If you require funds from us, please allow us to remit funds via transfer instead of cheque
  • Because of the three weeks curfew and the Government guidelines it could be that all employees are working remotely from time to time. Please be assured that all key functions are
    covered with remote access.

These guidelines are naturally additions to all the already existing ones which are in line with the recommendation of TCIG, FSC, WHO and CDC.

During this difficult time, we wish for all to join forces in reducing the spread of this deadly disease.

Thank you very much for your kind understanding and patience in this extraordinary situation!!

Your TCBC Team

New TCBC website launched


We’re excited to announce that our new and refreshed website is live. The updated site includes changes to the design that better convey our personal and corporate banking services on modern screen formats such as mobile phones and tablets. We’ve also improved the structure of our content so you’ll find relevant information more quickly.

Our new website platform was developed on a heavily customized content management system which makes it easy for us to manage. You can expect our new website to update frequently as we continuously aim to improve our clients experience.

About Turks and Caicos Banking Company

Press Release


The Turks and Caicos Banking Company, the country’s oldest independent private bank, has announced plans to restructure its operations by consolidating its activities into its new headquarters in Regent Village on Grace Bay Road in Providenciales, where it will continue to serve its Grand Turk clients. This will formally take effect upon final approval of the Financial Services Commission.

“We are very proud of our history in Turks and Caicos and see a bright future for the bank and its clients throughout the Islands,” said Anton Faessler, TCBC President. “Our new office provides us with an opportunity to expand and enhance our products for all of our clients.”

As a private bank TCBC has been a leader in providing offshore banking services to its clients for over 30 years, and has been consistently profitable throughout its existence. The company established its head office at Caribbean Place in Provo in 2002 and moved to its new location earlier this month. With assets approaching $100,000,000, assets under management of $45,000,000 and a strong balance sheet, TCBC works closely with its clients in areas including wealth management, lending, and currency management. In addition it has correspondent banking and brokerage relationships with leading financial institutions throughout the world.