BCB Mobile Banking App Update
The issue affecting the BCB Mobile Banking App has now been resolved.
If you continue to experience issues accessing the app, please ensure you have updated to the latest version. If the issue persists, please delete and reinstall the app.
If you require assistance, please contact our Client Services team at [email protected] or (441) 295-5678.
Thank you for your patience and understanding.
The issue affecting the BCB Mobile Banking App has now been resolved.
If you continue to experience issues accessing the app, please ensure you have updated to the latest version. If the issue persists, please delete and reinstall the app.
If you require assistance, please contact our Client Services team at [email protected] or (441) 295-5678.
Thank you for your patience and understanding.
Bermuda Government Mortgage Guarantee Programme
Phase 2
In collaboration with the Bermuda Government, BCB is pleased to be the Bank of choice for the Bermuda Government Mortgage Guarantee Programme. The first phase of this programme focused on financing for Bermudian first time home owners, allowing Bermudians to reach their goal of owning "a piece of the rock". We are pleased to announce that we have now moved into Phase 2. The second phase of the programme will continue to focus on financing for Bermudian first time home owners, and will allow public officers to transfer their mortgages from their existing bank to BCB. The details provided below are a guide and all loans are subject to BCB Credit Policies, requirements and approval.
Please allow 2 business days for review of your details, following which a representative will be in touch.
Please allow 2 business days for review of your details, following which a representative will be in touch.
Programme Criteria
The Qualified Borrower(s) of record must:
- Be an individual persons or persons; and
- Have Bermudian status or be a spouse of a Bermudian, if borrowing jointly with their Bermudian spouse;
either
- Not own any Bermuda real property; or
- Be a Public Officer (subject to probation period being successfully completed), having an existing mortgage (or first legal charge) with another licensed Bank in Bermuda.
The Qualified Borrower(s) must have:
- Have at least 10% of purchase price of the property or at least 10% of the cost of the renovations (if only renovations) in cash in a Bermuda bank account.
- Have a property valuation within 3 months prior to purchase.
- Have a property estimate or quote setting out the proposed renovations, cost and an appraisal outlining the completion value within programme limits, should renovations be required.
- Written confirmation from Tax Commissioner that no government fees are outstanding (speak with Relationship Manager).
- Loan to Value ratio and debt service ratio within programme limits.
- Loan secured by way of a first legal mortgage of the property being purchases or transferred (for the full amount of the loan).
Additional Requirements
A loan to a Qualified Borrower of the programme must be:
- For BMD $900,000 or less excluding Fees
- Renovations up to BMD $50,000 may be included with the purchase. If included they must not exceed $900,000 for the total loan.
Interest Rates, Terms & Fees
Qualified Borrowers under the programme will:
- Have a discounted interest rate while the borrower is a participant under the programme:
- Discounted interest rate of BCB Base Rate plus 2%.
- Loan interest rate to revert to standard interest rate when borrower no longer falls under the programme. - Will have a maximum term for a loan under this programme of 360 months (or 30 years)
- The Guarantee under this program will remain for a maximum of 10 years or less depending on alternate terms.
- Fees:
- Discounted Arrangement Fee of 0.75% of the total value of the loan amount. Normal legal fees and stamp duty apply (even if this increases the total loan amount over the BMD$900,00 so long as the base loan amount does not exceed BMD$900,000).
To confirm your eligibility to the program or to explore other financing options the following details are required:
- A completed online Loan Request Form or BCB Personal Financial Statement
- Verification of employment and salary
- Three months of bank and credit card (if applicable) statements
IMPORTANT NOTICE: We will be performing scheduled system maintenance from 9:00am to 12:00pm (AST) on Saturday, 19 September, 2026. Our online banking services will be unavailable during this time. We apologize for any inconvenience this may cause.
Bermuda Government Mortgage Guarantee Programme
Phase 2
In collaboration with the Bermuda Government, BCB is pleased to be the Bank of choice for the Bermuda Government Mortgage Guarantee Programme. The first phase of this programme focused on financing for Bermudian first time home owners, allowing Bermudians to reach their goal of owning "a piece of the rock". We are pleased to announce that we have now moved into Phase 2. The second phase of the programme will continue to focus on financing for Bermudian first time home owners, and will allow public officers to transfer their mortgages from their existing bank to BCB. The details provided below are a guide and all loans are subject to BCB Credit Policies, requirements and approval.
Please allow 2 business days for review of your details, following which a representative will be in touch.
Please allow 2 business days for review of your details, following which a representative will be in touch.
Programme Criteria
The Qualified Borrower(s) of record must:
- Be an individual persons or persons; and
- Have Bermudian status or be a spouse of a Bermudian, if borrowing jointly with their Bermudian spouse;
either
- Not own any Bermuda real property; or
- Be a Public Officer (subject to probation period being successfully completed), having an existing mortgage (or first legal charge) with another licensed Bank in Bermuda.
The Qualified Borrower(s) must have:
- Have at least 10% of purchase price of the property or at least 10% of the cost of the renovations (if only renovations) in cash in a Bermuda bank account.
- Have a property valuation within 3 months prior to purchase.
- Have a property estimate or quote setting out the proposed renovations, cost and an appraisal outlining the completion value within programme limits, should renovations be required.
- Written confirmation from Tax Commissioner that no government fees are outstanding (speak with Relationship Manager).
- Loan to Value ratio and debt service ratio within programme limits.
- Loan secured by way of a first legal mortgage of the property being purchases or transferred (for the full amount of the loan).
Additional Requirements
A loan to a Qualified Borrower of the programme must be:
- For BMD $900,000 or less excluding Fees
- Renovations up to BMD $50,000 may be included with the purchase. If included they must not exceed $900,000 for the total loan.
Interest Rates, Terms & Fees
Qualified Borrowers under the programme will:
- Have a discounted interest rate while the borrower is a participant under the programme:
- Discounted interest rate of BCB Base Rate plus 2%.
- Loan interest rate to revert to standard interest rate when borrower no longer falls under the programme. - Will have a maximum term for a loan under this programme of 360 months (or 30 years)
- The Guarantee under this program will remain for a maximum of 10 years or less depending on alternate terms.
- Fees:
- Discounted Arrangement Fee of 0.75% of the total value of the loan amount. Normal legal fees and stamp duty apply (even if this increases the total loan amount over the BMD$900,00 so long as the base loan amount does not exceed BMD$900,000).
To confirm your eligibility to the program or to explore other financing options the following details are required:
- A completed online Loan Request Form or BCB Personal Financial Statement
- Verification of employment and salary
- Three months of bank and credit card (if applicable) statements
News & Insights
Announcements, annual reports and regulatory disclosures from Bermuda Commercial Bank.
- Announcement
BCB Mobile Banking App update
The issue affecting the BCB Mobile Banking App has been resolved. If you still have trouble, update to the latest version or reinstall the app, or contact Client Services at [email protected] or (441) 295-5678.
Learn more — BCB Mobile Banking App update - Fees · Effective September 2026
Schedule of fees
The current schedule of service fees and charges for personal and business clients.
Read the document (PDF) — Schedule of fees, Effective September 2026 - Regulatory disclosure · As at 31 March 2026
Pillar 3 disclosure
Capital adequacy, risk exposures and risk-management disclosures under the Basel framework.
Read the document (PDF) — Pillar 3 disclosure, As at 31 March 2026 - Annual report
2025 Annual Report
Audited financial statements and a review of the bank’s performance for the year.
Read the document (PDF) — 2025 Annual Report - Regulatory disclosure · As at 30 September 2025
Pillar 3 disclosure
Capital adequacy, risk exposures and risk-management disclosures under the Basel framework.
Read the document (PDF) — Pillar 3 disclosure, As at 30 September 2025 - Regulatory disclosure · As at 31 March 2025
Pillar 3 disclosure
Capital adequacy, risk exposures and risk-management disclosures under the Basel framework.
Read the document (PDF) — Pillar 3 disclosure, As at 31 March 2025 - Announcement
Bermuda Government Mortgage Guarantee Programme — Phase 2
Phase 2 continues to support Bermudian first-time home owners and now allows public officers to transfer their mortgages to BCB.
Learn more — Bermuda Government Mortgage Guarantee Programme — Phase 2 - Annual report
2024 Annual Report
Audited financial statements and a review of the bank’s performance for the year.
Read the document (PDF) — 2024 Annual Report - Regulatory disclosure · As at 30 September 2024
Pillar 3 disclosure
Capital adequacy, risk exposures and risk-management disclosures under the Basel framework.
Read the document (PDF) — Pillar 3 disclosure, As at 30 September 2024 - Annual report
2023 Annual Report
Audited financial statements and a review of the bank’s performance for the year.
Read the document (PDF) — 2023 Annual Report
