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​​​​​​​​​Enjoy swift, secure payments to your commercial account!

Not only will you make it easier for your customer to purchase, but you will simplify your company’s operations with an electronic Point of Sale (POS) terminal.

Available for most types of businesses, this service electronically authorizes all major credit card transactions and automatically deposits the funds into your account. Terminals can be installed at key locations throughout your business.


With a POS system you will enjoy:

    • The security of electronically authorizing transactions

    • Sales automatically deposited into your checking account

    • Multiple installations within your establishment​

    • Technical support 7 days a week

In addition, you can take advantage of:

  • Instant authorization

  • Fund availability in less than 48 hours

  • Increased sales revenue

  • Reduced possibility of fraud

  • Reduced cash handling and theft

  • Less problems with returned checks and costs of check management

  • Printed sales summaries

  • Daily reporting and copies of all transactions, providing a complete audit trail for easy reconcilement and monitoring of credit card transactions

  • The ability to accept all cards, including Visa, MasterCard, American Express, Diner’s Club, Discover, debit cards and check authorization for faster account crediting

To apply for a Merchant Account, please provide the following:

  • Completed merchant application1

  • Copy of current business license

  • Copy of the last 2 years of corporate tax return (or individual, in case of sole proprietorship or new business)

  • Copy of corporate financial statement (or personal, in case of sole proprietorship or new business)

  • Corporate Resolution or LLC/ LLP Security & Agreement Letter(s)

  • Copies of merchant statements for the last three (3) months (if applicable)

  • Projected annual bankcard volume

  • Proof of identification (2 photo IDs are required)2

For more information, please e-mail us at:

USVI: Cash Management
CashManagementUSVI@firstbankvi.com


BVI: Cash Management
CashManagementBVI@firstbankvi.com​​

LEGAL USVI

Member FDIC for USVI and Puerto Rico only. Subject to credit approval. In order to obtain these services, the customer must have an established business checking account with FirstBank. Subject to verification. FirstBank Virgin Islands is a division of FirstBank Puerto Rico. 1 A credit report will be conducted on the principal applicant(s) and authorized signers. 2 Other forms of identification might be required.


LEGAL BVI

Subject to credit approval. In order to obtain these services, the customer must have an established business checking account with FirstBank. Subject to verification. FirstBank British Virgin Islands is a division of FirstBank Puerto Rico. 1 A credit report will be conducted on the principal applicant(s) and authorized signers. 2 Other forms of identification might be required.

LEGAL USVI

Member FDIC for USVI and Puerto Rico only. Subject to credit approval. In order to obtain these services, the customer must have an established business checking account with FirstBank. Subject to verification. FirstBank Virgin Islands is a division of FirstBank Puerto Rico. 1 A credit report will be conducted on the principal applicant(s) and authorized signers. 2 Other forms of identification might be required.


LEGAL BVI

Subject to credit approval. In order to obtain these services, the customer must have an established business checking account with FirstBank. Subject to verification. FirstBank British Virgin Islands is a division of FirstBank Puerto Rico. 1 A credit report will be conducted on the principal applicant(s) and authorized signers. 2 Other forms of identification might be required.