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The 2014 Cadence Lypso Show
October 18, 2014
8:30 pm
Newtown Savannah

 

Overseas Members

Join

To complete a Membership Application form click here!

1. You sign the card
2. It is witnessed and signed by two persons
3. You enter one or more beneficiaries 

The Card is to be duly notarized and returned to us by mail with the following: 

 Notarized copy of  

  • Passport (Identity page)  
  • US passport (Identity page) or Green Card, if you are a US Citizen or Resident 
  • Driver's licence with current address or a  
  • Current utility bill with address 
  • Your birth certificate and a parent’s birth certificate – if you are of Dominican parentage 
  •  A completed W-9 IRS Tax Form if you are a US Citizen or Resident. 
Please include
  • A minimum of EC$80.00. This amount covers new member account fees of  EC$25.00,  the minimum $5 deposit and one Member Share at EC$50.00  (Consider purchasing more than one Share)  
Note:  Purchase a  minimum of two (2) shares to name two or more beneficiaries to your account. 
Money to open the account can be sent by bank draft,  international money order or personal check.Click here to see ways to  transfer funds to Dominica.

Loans

In keeping with our drive to exceed our members needs and expectations, NCCU provides loans to members residing overseas.

Applying for a Loan from Overseas

Simply email, fax or write to us with the details of your loan request and we will get back to you promptly. two options are provided for processing your application. You can choose to:
1. Grant Power of Attorney to someone to process the loan on your behalf, or
2. Carry out the application process by mail or courier at your cost.

If you choose Option 1, you must:

  • Arrange to have the Power of Attorney registered in Dominica at the Government Registry. To register the document you pay stamp duty of $15.00 into the Government Treasury, and 
    buy $5.00 worth of adhesive Dominica stamps for every nine lines of text on the document.
  • Provide the person who has been granted Power of Attorney with all the details and information necessary to process the loan, including details of all your other commitments. All supporting documentation from your country of residence must be notarized.

If you choose Option 2, you must:

  • Notarize the completed application form before it is returned to NCCU.

Loan Categories

Members residing overseas can apply for loans for all purposes. Simply click on the loan type for a list of the items required for processing your loan. You will also need to provide:

  • Notarized income tax return forms for the past two (2) years.
  • A notarized letter of employment indicating employment status and salary.
  • Notarised details of income for the last three (3) months
  • Details of Current Debt (Credit Reports)
  • Security Savings of  15% of the loan amount
Additional Information

Transfer Funds

NCCU members residing overseas can transfer funds to savings and loan accounts by:

  • JN International Money Transfer 
  • Bank Draft
  • International Money Order
  • Telegraphic Transfer
  • Personal Cheque (NB: Foreign cheques take up to 6 weeks to clear)

Telegraphic Transfer

Send funds to your accounts by telegraphic transfer through the National Bank of Dominica (NBD).  Provide your bank with NBD’s SWIFT Code and its address along with NCCU’s account number and your NCCU account number as follows:

CURRENCY

CORRESPONDENT BANK

SWIFT ID

BANK IDENTIFIER

US Dollar-USD

Bank of America 
New York, USA

BOFAUS3N

ABA # 026009593

 

 

 

Canadian Dollar- CAD

Bank of Nova Scotia    Global Wholesale Services 44 King Street West Toronto
Ontario M5H 1H1   

NOSCCATT

Transit # 000410202

Pound Sterling

Lloyds Bank Plc
London , England
SE1 ONA

LOYDGB2L

Sort Code:
30 96 34


French Franc- FRF

Lloyds Bank France
15 Avenue D'IENA
75783 Paris Cedex 16
France

LOYDFRPP

 

 

SWIFT Code: NCDMDMDM
National  Bank of Dominica
64 Hillsborough Street
Roseau
Dominica
For: Credit
To: National Co-operative Credit Union Limited
Account No. 115000285
For:

Further Credit to

 

....................................................................
(member's name)

 

Account Number ............................................
(member's account number

 

Note: All members/depositors are required to complete a Declaration of Source of Funds (DSF) form for ALL deposits of $10,000 and over, or on any lesser amount as determined by the Credit Union.

Directory

Internal directory click here!

Contact Us

You can reach the National Co-operative Credit Union Limited

by mail, email, fax or telephone

Mail:

National Cooperative Credit Union Limited
31-37 Independence Street
P. O. Box 175
Roseau
Commonwealth of Dominica

Phone: click here for Internal Directory

Fax: 1 (767) 255-2109

Our General Office Hours are:

Monday – Thursday: 8:00 am - 3:00 pm
Fridays: 8:00 am - 5:00 pm

The St. David’s and St. Paul Branches are closed on Thursdays and open on Saturdays from 9:00 am to 1:00 pm.

Email: Here is a list of the main  email addresses

Alternatively, you can use the form below to submit a message to any of these departments or branches.

Department Email Account
Chief Executive Officer This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Roseau Branch Manager This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
St. David's Branch Manager This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Internal Auditor This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Legal Officer This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Processing Manager This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Collection This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Business Development Officer This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Member Services This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Fixed Deposits & Chequing This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Cashing & Treasury This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Marketing Officer This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Systems Administrator This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Member Services & Plant Maintenance Manager

This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Human Resource Officer This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Accountant This e-mail address is being protected from spam bots, you need JavaScript enabled to view it          
Executive Secretary This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Vieille Case Branch Manager This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
St. Paul Branch Manager This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
La Salette Branch Manager This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Withdraw

Requests for withdrawals of EC$2500 and over need to be notarized. The letter can be sent by fax, or scanned and emailed, or by regular mail.

DSF Form

All members/depositors are required to complete a Declaration of Source of Funds (DSF) form for ALL deposits of $10,000 and over, or on any lesser amount as determined by the Credit Union.

Reactivate A/c.

To reactivate your account you would be required to send the following documents to an NCCU Branch.  

 Notarized copy of  

  • Passport (Identity page)  
  • US passport (Identity page) or Green Card,  if you are a US Citizen or Resident 
  • Driver's licence with current address or a  
  • Current utility bill with address 
  • Your birth certificate and a parent’s birth certificate – if you are of Dominican parentage 
  • A letter to NCCU requesting that  your account is reactivated. 
  • completed W-9 IRS Tax Form if you are a US Citizen or Resident. 

FATCA

From July 1, 2014, financial institutions worldwide are expected to comply with the U.S. Foreign Account Tax Compliance Act (FATCA).

FATCA is legislation enacted by the U.S. government in March 2010 to combat tax evasion by U.S. persons holding savings and investments in accounts outside the U.S.

Foreign Financial Institutions (FFI) like NCCU, will use seven (7) indicators provided by the U.S. to assist in identifying persons whose account information may have to be reported to the U.S. Internal Revenue service (IRS).

Individual U.S. person accounts with balances of US $50,000 and over and entity accounts of US$250,000 and over will be categorised as a "US person account" and will be subject to annual reporting to the IRS.

NCCU has chosen to comply with FATCA. This will allow us to continue to conduct transactions with U.S. banks and to avoid being taxed.

Click here to find out more about FATCA.