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Can you still cash checks in St. Maarten?

StMaartenNews Opinion

We have said it so often now, it is becoming like a mantra. Not because something is common practice means it is legal. Banks have been blocking checks deposited from other banks for so long that it has become commonplace to hear the teller say that the check will be blocked for 5 days until the check clears, that we have taken it for granted. It is More...

by The Publisher | Published 1 month ago
mullet-bay-st-maarten
By The Publisher On Monday, July 9th, 2018
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Mullet Bay land worth 460 million guilders at the heart of Ennia’s pension problems

PHILIPSBURG – Over the weekend, reports reaching our news desk indicated that the Prosecutor’s Office in Curacao at the behest of the Central Bank of Curacao and St. Maarten (CBCS) requested the assistance of More...

ENNIA - Photo Extra
By The Publisher On Thursday, July 5th, 2018
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CBCS requested emergency measure for ENNIA

Willemstad/Philipsburg – After having identified that Ennia Caribe Leven NV, Ennia Caribe Schade NV and Ennia Caribe Zorg NV, (ENNIA), has been non-compliant with applicable laws and regulations, the Centrale More...

Conclusion Bridging Financial Innovation and Regulation seminar
By Desk Editor On Wednesday, July 4th, 2018
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Central Banks should take leading role in financial innovation

Willemstad/Philipsburg — ‘There’s an important role to play for central banks in adopting a proactive approach and giving direction to the changes and innovations that are currently affecting the financial More...

Cor Merx 20171116 - HH
By The Publisher On Tuesday, June 19th, 2018
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Consumer organizations on St. Maarten give opinions on role Central Bank

PHILIPSBURG — Yesterday we published the announcement from the Central Bank of Curacao and St. Maarten (CBCS) that on March 28, 2018, the National Ordinance Actualization and Harmonization Supervision Ordinances More...

cbcs-headquarters-in-st-maarten
By The Publisher On Sunday, June 17th, 2018
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New banking ordinance to strengthen supervision financial products

  PHILIPSBURG — According a recent announcement by the Central Bank of Curacao and St. Maarten on March 28, 2018, the National Ordinance Actualization and Harmonization Supervision Ordinances Centrale More...

APS, MinFin
By Desk Editor On Thursday, June 14th, 2018
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Minister of Finance Michael Ferrier visits APS

On June 12th, Algemeen Pensioenfonds Sint Maarten (APS) Director Nadya Croes-van Putten welcomed Minister of Finance, Michael Ferrier to the APS office for an official visit and tour. As part of the visit, APS took More...

NAf 250 Guilder Note
By The Publisher On Wednesday, June 13th, 2018
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Antillean guilder will “eventually disappear”

PHILIPSBURG – The monetary union of Curacao and St. Maarten has returned to the political agenda. This is because the supply of bank notes in Antillean guilders will dry up in about two years, Finance Minister More...

APS Round Table Seminar June 82018-34
By The Publisher On Wednesday, June 13th, 2018
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APS hosts Round Table Discussion to launch the Sint Maarten Investment Bank

PHILIPSBURG — Algemeen Pensioenfonds Sint Maarten (APS) has identified a need for Sint Maarten’s own Investment Bank (SMIB). On Friday June 8, 2018, APS hosted a Round Table Discussion on the topic, assisted More...

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By Desk Editor On Tuesday, June 12th, 2018
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CIBC FIRSTCARIBBEAN AND UWI SIGN NEW MOU

Barbados — Bridgetown — Students around the region will continue to benefit from a number of scholarships following the recent signing of another memorandum of understanding (MOU) between the University More...