Documents to be submitted by customer: 

• Legible two-sided photocopy of loan participants (debtor, co-debtor, guarantor) which must be effective.
• Effective CCSS employer contribution receipt of participants
• Utility bill for address verification
• Income certificate:

- salary income certificate of each participant as of a month of issuance.  Certificate must include gross and net salary, employment time, position and information on seizures or embargoes.

If debtor or guarantor receives income for his own business, he must submit a CPA income certificate of one year minimum. Additionally, he must submit last twelve bank statements and if not available, business invoices or other income support documents for last year. Last, he must submit copy of affidavit on income statement for tax purposes for same period included in CPA certificate.

• New auto: Proforma Invoice.
• Used auto: circulation tax card photocopy and vehicle revision receipt, register certificate of auto, appraisal payment and civil status certificate of loan participants (issued by Civil Registry).
• In the event that is a used auto, a guarantor who meets effective regulations requirements must be added.

If guarantee is mortgage, please add:

• Appraisal payment.
• Registry report of guarantee item issued by Public Registry. Process could be delayed before any modification which must be made in Public Registry.
• A certified copy of cadastre map, issued by Cadastre Office of Public Registry.  Process could be delayed before any modification which must be made by Public Registry.
• In the event that purchaser is a corporation, and it is the only corporate attorney, a copy of shareholder agreement duly registered for loan authorization must be submitted.
• Municipality tax certificate.   

Documentation which must be submitted (given by BCR officer): 

• Application form with complete information and duly executed by applicant.
• “Knowing your customer” form duly filled out and executed by applicant (it applies for those individuals who are not regular BCR customers)
• Affidavit duly executed on debt accrual with BCR equal or higher to $500,000.00 or equal amount in colones.
• BCR Group life insurance policy. Whenever debt accrual is in the amount of ¢25,800,001 to 51,600,000, submit the PAG form and whenever higher to ¢ 51,600,001, submit form (No.13), Medical test application.
• SUGEF Information request form duly executed.

Interest Rate Liability Disclaimer

Interest rates are object to change at any time without previous notice due to financial market changes.  For such a reason, information included in current web site is for reference purposes only.  Any rate related to a specific transaction or business, shall be the effective rate as of formalization date.

For further information regarding interest rates, please call Customer Service Department at (506) 2284-6600 or write to ServiciosBancaElectronica@bancobcr.com.