Belize Banks & Credit Unions

Belize Banks have three types of banking in the country, including domestic, international, and Credit Unions. The banks in Belize are mounted and controlled by Belize Central Bank. Banks in Belize are located in Belize City and throughout the country. Below you will find a list of all three types of Belize Banking for your reference:



Central Bank Licensed Domestic Belize Banks

Belize’s domestic banks offer traditional banking services.  Including consumer and commercial loans, sale of foreign currencies, credit cards, savings, checking and time deposits ,also banks  provide letters of credit and bank guarantees.

Domestic banks are licensed in Belize under the Domestic Banks and Financial Institutions Act.

Domestic Banks licensed in Belize:

Atlantic Bank Limited
Cor. Freetown Rd. & Cleghorn St.
Belize City, Belize
Telephone: +501 223-4123 or +501 223-3921
Website: http://www.atlabank.com/

The Belize Bank Limited
60 Market Square
Belize City, Belize
Telephone: +501 227-7132 or +501 227-7082
Website: http://www.belizebank.com

Heritage Bank Limited
106 Princess Margaret Drive
Belize City, Belize
Telephone: +501 223-6783 or +501 223-6784
Website: http://www.heritageibt.com/domestic/

National Bank of Belize Limited
Corner Forest Drive and Hummingbird Highway
Belmopan City, Belize
Telephone: +501 822-0957
Email: services@nbbltd.bz

Scotia Bank (Belize) Limited
P.O. Box 708
4 A Albert Street
Belize City, Belize
Telephone: +501 227-7027 or +501 221-0135
Website: http://www.scotiabank.com/bz



Belize Central Bank Licensed International Belize Banks

Belize’s international banks offer traditional banking services in foreign currencies exclusively to non-residents. Offering advantageous lending rates to those clients. Services and products include personal and commercial loans, brokerage services, foreign exchange, credit cards, savings, demand and time deposits.

International banks are licensed in Belize under the International Banking Act. The Act establishes two categories of international banking licence in Belize Banks: an “A” Class – Unrestricted licence and a “B” Class – Restricted licence.

International Banks licensed in Belize with an “A” Class – Unrestricted licence:

Atlantic International Bank Limited
Withfield Tower, 2nd Floor
4792 Coney Drive
P.O. Box 1811,
Belize City, Belize, C.A.
Telephone: +501 223-3152 or +501 223-5366

Belize Bank International Limited
The Matalon Business Center
Coney Drive, 2nd Floor
P.O. Box 364
Belize City, Belize
Telephone: +501 227-0697 or +501 227-1548

Caye International Bank Ltd.
P.O. Box 105
Coconut Drive, San Pedro
Ambergris Caye, Belize
Telephone: +501 226-2388 or +501 226-3083
Fax: +501 226-2892

Choice Bank Limited

Power Point Building
Ground Floor
Corner Hudson Street and Marine Parade Boulevard
P.O. Box 2494
Belize City, Belize
Telephone: +501 223-6850 or +501 223-6851

Heritage International Bank & Trust Limited
106 Princess Margaret Drive
Belize City, Belize
Telephone: +501 223-6783 or +501 223-6784

International banks licensed in Belize with a “B” Class – Restricted licence:

*** There are presently no “B” class international banks licensed in Belize.***



Belize Central Bank Registered Credit Unions

Credit unions, being one of the types of Belize Banks, operate as non-profit cooperatives. They function as savings banks, offering mainly savings accounts, consumer,  and above all education and residential loans.

Belize Credit unions are registered under the Credit Unions Act.

Credit Unions registered in Belize:

St. Martins Credit Union Ltd.
Corner Eve & Far West Street
San Ignacio Town
Cayo District, Belize
Telephone: +501 824-2093 or +501 824-2800

Toledo Teachers Credit Union Ltd.
Queen Street
Punta Gorda Town
Toledo District, Belize
Telephone: +501 722-2522 or +501 722-0060

Blue Creek Credit Union Ltd.
P.O. Box 25
Linda Vista, Blue Creek
Orange Walk District, Belize
Telephone: +501 323-0010

La Inmaculada Credit Union Ltd.
5 Park Street
Orange Walk Town
Orange Walk District, Belize
Telephone: +501 322-2358 or +501 322-3520

Mount Carmel Credit Union Ltd.
37 Church Street
Benque Viejo Town
Cayo District, Belize
Telephone: +501 823-2003 or +501 823-2566

Citrus Growers & Workers Credit Union Ltd.
92 Breadfruit Street
Dangriga Town, Stann Creek District
Belize
Telephone: +501 522-0193 or +501 522-2145

Belize Credit Unions located in Belize City, Belize


Civil Service Credit Union Ltd.
28 Dean Street
Belize City, Belize
Telephone: +501 227-2166 or +501 227-4755

Evangel Credit Union Ltd.
Princess Margaret Drive
Belize City, Belize
Telephone: +501 227-0063

Holy Redeemer Credit Union Ltd.
1 Hydes Lane
P.O. Box 544
Belize City, Belize
Telephone: +501 224-4320 or +501 224-5644

Police Credit Union Ltd.
c/o Belize Credit Union League Ltd.
7 Daly Street
Belize City, Belize
Telephone: +501 223-0495

St. Francis Xavier Credit Union Ltd.
79 Corner 5th Avenue & 1st Street North
Corozal Town
Corozal District, Belize
Telephone: +501 422-2892 or +501 422-0075

St. John’s Credit Union Ltd.
4 Basra Street
Belize City, Belize
Telephone: +501 227-2575 or +501 227-1050

Belize Credit Union League Ltd.
7 Daly Street
Belize City, Belize
Telephone: +501 223-0495

Wesley Credit Union Ltd.
c/o St. John’s Credit Union Ltd.
4 Basra Street
Belize City, Belize
Telephone: +501 227-2575 or +501 227-1050
 

 

 

Belize’s Currency

The Belize dollar is the official currency of Belize and is pegged at BZ$2 = US$1.

The Central Bank of Belize Act gives the Bank the sole right to issue notes and coins in Belize, because only such notes and coins issued by the Central Bank of Belize are legal tender in Belize.

With this in mind Central Bank protects the integrity of the Belize currency notes. Within the bank it is committed to continuous review, as a result of enhancing the design and security features. Bank notes remain strong and well secured against counterfeiting threats.  The notes are designed so that, they are difficult to reproduce. At the same time, as a result protecting the public to readily distinguish between genuine and counterfeit notes.

 

 

 



Central Bank of Belize ~ Government of Belize Notes

 

On 1 June 1973, British Honduras was officially renamed Belize. In 1974, the first Belize Bank notes under the Government of Belize were put into circulation.

The first notes issued under the Government of Belize maintained the colours and design of the Government of British Honduras.  The Government of Belize designed the notes from the  fourth issue of bank notes.  The first issue dated 1 January 1974, circulated with five denominations. Those included $1, $2, $5, $10 and $20’s. Subsequent printing of these notes is dated 1975 and 1976.

On 1 January 1981, the Monetary Authority of Belize demonetized all notes issued under the Currency Ordinance 1965.  The Government of Belize notes, therefore are not legal tender of Belize and are redeemable only at the Central Bank of Belize.  These notes were demonetized in 1981 and these coins issued under the Government of British Honduras are still legal tender of Belize.

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