The governmental commission in charge of the liquidation of the holdings of Banco Intercontinental (Baninter) has announced that as of tomorrow, Wednesday 26 November, the bank will cease to operate. Only the branch located at the intersection of Av. Abraham Lincoln and Nunez Dominguez, in Santo Domingo, will remain open to assist clients with checking and savings accounts or certificates of deposit, who wish to have them transferred to the Scotiabank or the Central Bank as of 1 December, the deadline for the liquidation process. According to a press release from the commission, once the bank has been liquidated, any Baninter savings accounts that have not yet been transferred will be done so at a 0% interest rate. The bank has been converting dollar savings accounts and deposits at the rate of RD$25 to US$1.