One "bank branch" in each barrio

The National Bank of Costa offers 250 services at 500 local small businesses.

Tuesday, January 27, 2009

Using the internet, business owners at pharmacies, small shops, and mini supermarkets can attend to clients of the Bank who can access banking services in areas where it is not profitable to install a full branch.

Mercedes Aguero reports in an article on Nacion.com that "to become a correspondent of the National Bank, interested business owners must sign a contract with the bank in which the necessary conditions and requirements are established. The commission that the clients pay for using these services is shared between the bank and the business owner."

More on this topic

Guatemala: Banking Agents Growing

August 2015

Two private banks account for 81% of the 5767 bank agents operating in the country, which in the last three years have increased their presence by 40%.

As of June 30, 2015, 5767 agents are operating , 9.4% more than in the same period in 2014, according to the Superintendency of Banks.

Banco Nacional de Costa Rica introduces “Cashback”

May 2011

The bank aims to improve the efficiency of its services and reduce lines in its branches by extending its payment network, among other measures.

In addition to using debit cards to pay for public and private services in various stores, including supermarkets, customers of BNCR now have the ability to withdraw cash (cashback) in those outlets.

BCR to Offer Mobile Banking Services

August 2010

A vehicle mounted with an ATM and with customer service facilities will enable clients to carry out any banking transaction.

The vehicle will use satellite technology to enable customers to carry out the transactions online.

"The cost of each unit is approximately $143k and will be used to deliver Banco de Costa Rica (BCR) services to customers attending large events as well as provide special services to the bank's client companies and institutions with particular needs, thereby widening its commercial offering," reports La Prensa Libre.

Costa Rica: Bancredito and Banco Nacional Banks integrate services

October 2008

Bancredito and Banco Nacional banks will integrate their technology plataforms. This will allow customers to share the same ATM's, change checks and make deposits at any of the branches of said banks.

Banco Nacional bank is already sharing its platforms with the Bank of Costa Rica (BCR); this new accord with Bancredito will allow for the integration of the three State banks.

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