Banesco Interest Rates

Banesco Overview

Banesco was established in 1992. Today it is one of the largest banks in Venezuela with 415 branches. Banking services are available for personal and business customers. Corporate banking services are also available as well as specialist services for the agricultural industry and public sector organ... read more

Banesco Discussion

  • Q: i have family in venezuela . and i am a canadian citizen .i will like to know if i could open an online account ..and deposit from a canadian bank ..

    Reply jorge from Longueuil, Canada

Banesco Discussion Activity

  • Savings
    Q: Can I live in the USA and still have an account in your county’s banking system? Also is this per day money earns interest or monthly? How long do you have to have money in account to earn and not loose money when withdrawn

    Reply Abby from United States
  • Banesco Savings Account - Savings
    Q: Hello, I am a British citizen living in London . Is it possible for me to open an online savings account at Banesco Bank in Venezuela and earn 16% interest?

    Reply Amir from Thornton Heath, United Kingdom
  • Banesco Savings Account - Savings
    Q: Hello, I am a Canadian citizen living Canada. Is it possible for me to open an online savings account at Banesco Bank in Venezuela and earn 16% interest?

    Reply Paul Arnold from London, Canada
    • R: After exchange rates in and out expenses of close to 5% your looking at a gain in currency of 11% Now Venezuela has inflation of 159% so even if they were paying 100% and the currency doubled over the year, you would still be loosing 59% of value so by the time you get back to your money, it will be worth so much less,

      Reply andy