Term Deposit
Get a return on your savings
The creation of a fixed-term deposit account, for a pre-set period, includes a negotiated remuneration according to the amount and terms chosen.
Also, the customer may decide to use it as collateral to obtain consumer credit, to provide guarantees as well as to get advanced payments.
Characteristics
Target market
Individual customers, residents and non-residents.
Minimum Constitution Amount
Minimum amount 50,000$00 CVE or equivalent in foreign currency of 50,000$00 CVE.
Interest Payment
Payment of interest on the due date, by crediting the demand deposit.
Interest Calculation
Interest calculation starts on and including the deposit start date and ends on the eve of the due date, inclusive.
Terms
National currency
91 days; 181 days; 366 days; 732* or 1.095*
Foreign currency*
91 days; 181 days; 366 days
*Note:
Negotiated rate according to amount, currency and term.
91 days; 181 days; 366 days; 732* or 1.095*
Foreign currency*
91 days; 181 days; 366 days
*Note:
Negotiated rate according to amount, currency and term.
Contracts
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