Home Investment Instruments Investment Certificates with Early Redemption Regarding Powers of Attorney for the implementation of actions related to Investment Certificates
Regarding Powers of Attorney for the implementation of actions related to Investment Certificates

If the grantor/principal resides in the country:
  • Power of attorney granted before Notary Public Attorney.
  • Must include the personal data (National Electoral Identity Card (Cédula) or Passport numbers) of grantor and agent.
  • Must be explicit about the transactions to be performed. In the case of a transaction on an existing certificate, the number of the certificate and/or investment should be specified, if available.
  • Power of attorney must be duly signed by the grantor and agent.
  • Legalized by Notary and certified by the Office of the Attorney General of the Dominican Republic.

If the grantor/principal resides outside the country:
  • Power of attorney to be granted in the Dominican Consulate established in the city or country where the grantor resides.
  • Must include the personal data (National Electoral Identity Card (Cédula) or Passport numbers) of grantor and agent/attorney-in-fact.
  • Must be explicit about the transactions to be performed. In the case of a transaction on an existing certificate, the number of the certificate and investment should be specified.
  • Legalized and certified in the Ministry of Foreign Affairs of the Dominican Republic.
  • Legalized in the Office of the Attorney General of the Dominican Republic.

Before the document is presented to the Treasury Department for implementation of the mandate provided in the power of attorney, it must be authorized by the Legal Department of the Central Bank. The interested party shall present said document to the Legal Department, attaching a copy of the identity documentation, i.e., the National Electoral Identity Card (Cédula) or Passport, of the grantor/principal and the agent/attorney-in-fact, who shall appear as signatories of said powers of attorney.

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