Sending International wires from Barbados are not as simple as some other countries. In Barbados, there are foreign currency controls and transfers subject to fees, which have to be approved by the Central bank first, or the funds will be returned or rejected. If for any reason, such as your rental does not go ahead then we may need to send you a refund. This usually takes up 7-10 business days,...
Regular Barbados Companies (RBCs) are generally incorporated under the Companies Act of Barbados and may only carry on international business with permission of the Central Bank of Barbados. Societies with Restricted Liability (SRLs) are organised under the Societies with Restricted Liability Act and may only carry on international business with permission of the Central...
International Business Investing in Barbados Non-national investors will need to submit an application for permission to invest in Barbados to the Exchange Control Authority (ECA). The functions of the ECA have been delegated to the Central Bank of Barbados and are carried out by the Foreign Exchange and Export Credits Department of the Bank. The applications are usually submitted by the...