EXTENSION MORATORIUM WITH OPT-IN

for Retail Customers

IMPORTANT ANNOUNCEMENT TO OUR RETAIL CUSTOMERS!

APPLY FOR THE OPTION TO EXTEND YOUR MORATORIUM FOR AN ADDITIONAL 3 MONTHS

(September, October and November 2020)

Caribbean Mercantile Bank N.V. continues to support its customers in these trying times, and has decided to provide the option to extend the moratorium for 3 (three) additional months being September, October, and November 2020. This will provide additional financial relief to our retail (personal) customers, with no additional interest.

This extension entails that the retail customer’s monthly payment (on principal and interest) will be deferred for this 3 month period whereby the initial loan term will be extended with the same number of months as the additional grace period. The monthly payments (principal and interest) remain the same. Personal loans, residential mortgages and credit cards that are in arrears for more than 90 consecutive days are not eligible for the moratorium extension.

IMPORTANT:

Retail customers interested in applying (OPT-IN) for an extension of their moratorium have until Friday, September 18, 2020 at 5:00 PM to comply by filling in the OPT-IN FORM below.

If you do not apply by the aforementioned date, your loans will return to your respective repayment plan as of September, 2020.   

This moratorium extension will NOT be automatic and requires an administrative process. To implement this extension we will charge a one-time fee of Afl. 300.00 for each personal loan, residential mortgage and credit card. By applying for the extension you agree to Caribbean Mercantile Bank N.V. debiting your current account accordingly for this administration fee.

When submitting your request: please complete all applicable fields to ensure that your application can be addressed in a timely manner.

If you have any questions, please contact us via eAmigo using our Live Chat option on cmbnv.com or use any of our Social Media outlets.

At Caribbean Mercantile Bank N.V. we will continue doing our utmost to assist you with your financial needs during these difficult times.

Moratorium Opt-In

Loans and/or Mortgages

Please insert in below form the loan and/or mortgage account number of each respective loan and/or mortgage for which you wish to opt-in.

Credit cards

Please insert in below form the credit card account number of each respective credit card for which you wish to opt-in.

Current account number

Please enter the account from which the loan is deducted from.

 

By submitting this form, I agree that the Caribbean Mercantile Bank N.V. will charge a one-time fee of Afl. 300.00 for each personal loan, residential mortgage and credit card that qualifies for the moratorium extension, and that my current account will be debited accordingly for this administration fee.