Term Deposit
Monetize your savings
Setting up a term savings account for a pre-established period has a negotiated remuneration depending on the amount and terms chosen.
Consequently, the client may decide to use it as a guarantee for obtaining consumer credit, providing guarantees and sureties, as well as advance payments.
Consequently, the client may decide to use it as a guarantee for obtaining consumer credit, providing guarantees and sureties, as well as advance payments.
Characteristics
Target market
Private individuals, 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 credit to the D.O. account.
Interest Calculation
The calculation of interest begins on the date when the deposit is made, inclusively, and ends on the day before the due date, inclusively.
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 the amount, currency and deadline.
91 days; 181 days; 366 days; 732* or 1.095*
Foreign currency*
91 days; 181 days; 366 days
*Note:
Negotiated Rate according to the amount, currency and deadline.
The starting date of the deposit is the date it is created. Financial settlement (debiting the customer's Current Account) also takes place on the date it is created. The maturity date of the deposit corresponds to the end date of the period for which it was created.
Contracts
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