The Tradition of Excellence Continues

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Hard work, dedication and excellence. Those were the buzz words as Republic Bank continued its celebration of excellence at the annual staff gala and awards event at the iconic Concorde Experience.

Seven members of staff were nominated by peers and managers as worthy candidates for the Managing Director’s Spirit of Republic Bank Award across two employment categories. According to Managing Director and CEO Ian De Souza, these employees live the Republic Bank Core Values and perform all aspects of their jobs at a very high standard. Nominees must all have an excellent record of punctuality and attendance, consistently go above and beyond the call of duty and make significant contributions to their branch or department achieving set goals and objectives.

In his remarks about the Bank’s performance, De Souza commented on the joy of leading a team that is in a word driven. “I stand here tonight as one proud CEO. Everything I have asked for, you the staff of Republic Bank Barbados have delivered,” he said. “We remain number 1 in the delivery of customer service, the industry benchmark for staff engagement is 67% and yours is at 66%. We came up with a wonderful mortgage campaign and you decimated the target and you have already achieved the target set for our Christmas loan campaign!”

From a field of five candidates performing nonsupervisory roles, Donnah Drakes and Karen Alleyne, both Tellers, and Reginal Drax-Williams, Security Officer all of the Broad Street Branch; Elroy Yearwood, Software Administrator, Information Technology department and Sadrian Maynard, Customer Service Coordinator, Limegrove Branch were selected as finalists with Yearwood emerging victorious.

Carlos Beckles, Senior Analyst in the Bank’s Corporate and Commercial Credit Unit was announced winner in the Supervisory Management category ahead of his sole competitor from the Information Technology department, Elon Richards, Senior Network Analyst.

Awards recognising excellence in performance - Unit of the Year and Branch of the Year - were won by the Human Resources department and the Wildey Branch respectively. Both branches and units were judged on customer service, overall attendance and business achievement. Competing against three other departments, the Human Resources department emerged Unit of the Year based on its achievements with respect to reliability and consistency, staff awareness, staff development, industrial relations, staff empowerment, business facilitation and cultural revitalization initiatives.

The Branch of the Year was keenly contested by three branches. A very close race, with consistency of performance over the year playing a significant role in the decision, the Wildey branch recorded the best performance of actual loans to budget, and a loan growth performance at 14% above plan representing 55% of the total retail growth.

“This year has been particularly rewarding. Through the dedication and hard work of you our committed staff, on top of all that we have achieved, we have been awarded the enviable Bank of the Year Barbados 2016 by the Banker magazine! You make me proud to be your leader,” said De Souza.

December 21, 2016
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BiMPay is a new national instant payment service introduced by the Central Bank of Barbados. It allows customers to send and receive payments in real time between participating institutions including banks, credit unions, licensed non-bank Payment Service Providers and certain Government departments.

BiMPay replaces the existing Automated Clearing House (ACH) and Real-Time Payments (RTP) systems to provide faster, more modern payment services across all participating institutions.

BiMPay goes live on June 13, 2026.

The below cut-off times will apply on June 12, 2026 for transactions processed under the existing ACH and RTP systems.

  • 2:00 P.M for Internet Banking transactions over $500,000.00
  • 4:00 P.M for Internet Banking transactions to Sagicor Bank
  • 7:00 P.M for Internet Banking Real Time Payment transactions to all other local banks

Yes. Republic Online and Republic Mobile remain fully available.

You can continue to:

  • Transfer funds
  • Make payments
  • Send money to customers at other banks and credit unions

The BiMPay Digital Wallet is an optional service provided through a BiMPay software application that provides additional features, including:

  • Request-to-Pay (request funds from others)
  • QR code payments
  • Ability to make payments using an Alias (email or mobile number)
  • Ability to make payments using an account number

No. The BiMPay Digital Wallet is optional. You do NOT need to download or register for the wallet to conduct transfers between local banks. You can continue using Republic Online or Republic Mobile.

You may choose the Wallet if you want:

  • To make QR Code payments
  • The ability to request money
  • The ability to make payments using an Alias
  • A mobile wallet experience for everyday transactions

If you choose to use it:

  1. Download the BiMPay app (App Store or Google Play)
  2. Register using your name, email, mobile number and national ID number
  3. Select Republic Bank as your financial institution
  4. Complete the verification and account linking by contacting or visiting the Bank
  5. Begin transacting

You will need:

  • Full name
  • Email address
  • Mobile number
  • National ID number
  • Token from the Bank – issued by the Bank at step 8(4) above

Yes. There are limits applied to transactions when using the BiMPay Digital Wallet. These are:

  • Daily: BBD $750
  • Monthly: BBD $2,500
  • Annual: BBD $30,000

Request-to-Pay allows persons to request funds from another person.

QR Code payments allows persons to send or receive funds by scanning a unique QR code linked to a person's BiMPay Digital Wallet.

ACH and RTP services will be retired and replaced by BiMPay from June 13. These legacy payment systems will no longer be available after this transition.

It is important to ensure your mobile number and email address are up to date with the Bank.

This ensures:

  • Successful BiMPay registration
  • Receipt of security codes and alerts
  • Important service notifications

This is usually due to outdated contact details. You should contact or visit the Bank to update your information.

Yes. BiMPay is a regulated national payment system.

Important: Republic Bank will never ask for your passwords, PINs, or one-time passcodes via phone, SMS or email. Customers who opt to use the BiMPay Digital Wallet should not share their unique token issued by the Bank or any of your other unique security credentials with anyone.

Customer Service:

The Tradition of Excellence Continues | Republic Bank

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