Repayment

Methods of Loan Repayment

Borrowers can pay their loans using the methods below:

  • SRLF Online Payment Portal (http://secure.srlfloan.edu.bb/)
  • Salary Deductions: Please see link for Salary Deduction Form, the form should be completed by both you and your employer and email the completed form to office@srlfloan.edu.bb.
  • Credit Cards (Visa or MasterCard);
  • Debit Cards;
  • Direct Deposit: You may now make payments directly from your bank account to the SRLF’s account. Please log into your account at https://secure.srlfloan.edu.bb/ and continue to "Make a Payment" section to see the option "Pay with Bank Account" to complete the form.  Once you make your first payment and click save Bank Account, the form will be sent to the Accounts unit for certification and you will be able to log into your account at http://secure.srlfloan.edu.bb/ and make your payments using this method.
  • Personal Cheques;
  • Wire Transfers (Please contact the SRLF's office for assistance);

    Republic Bank (Barbados) Limited
    Beneficiary Name: Student Revolving Loan Fund
    Beneficiary Address: Elsie Payne Complex, Constitution Road, St. Michael
    Bank Swift Code: BNBABBBB
    Bank Address: #1 Broad Street, Bridgetown, Barbados

    RBC Royal Bank (On this platform you are required to enter 16 characters in the account number e.g. 4003-0000-1234XX)
    Beneficiary Name: Student Revolving Loan Fund
    Beneficiary Address: Elsie Payne Complex, Constitution Road, St. Michael
    Bank Swift Code: ROYCBBBB
    Bank Address: Bridgetown, Barbados
    Please click here for intermediary banks' information

    CIBC FirstCaribbean Int'l Bank (B'dos) Ltd.
    Beneficiary Name: Student Revolving Loan Fund
    Beneficiary Address: Elsie Payne Complex, Constitution Road, St. Michael
    Bank Swift Code: FCIBBBBB
    Bank Address: Bridgetown, Barbados
    Please click here for intermediary banks' information

  • Draft / Cashier cheques
  • Standing Orders with your banking institution.
  • Electronic Bill payment
  • Cash

 

Financial Agents

Loan Repayments can be made at the SRLF’s Office however we encourage our borrowers to make payments with the following agencies:

  • Republic Bank (Barbados) Limited. – all branches
  • The Royal Bank of Canada – all branches
  • CIBC FirstCaribbean International Bank - all branches
  • Post Office – all branches
  • Surepay
    Pay Online using SurePay
FCIB Wire Payment Instructions (22.7 KB)
RBC Wire Instructions (64.3 KB)
Direct Deposit Authorization_Form (342.4 KB)
Salary Deduction Form (243.5 KB)

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