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Fixed Deposit Account
The Fixed Deposit Account is designed as an investment option that allows you to place a fixed amount of money for a fixed-term and earn competitive interest on the principal amount. The investment can be fixed for 30, 60, or 90 days.
Product Features
- Interest bearing account
- No debit cards
- May be linked to a current account
- No account maintenance fees
- No transactional fees
- No cheque books
- Withdraw or rollover at maturity date
- Penalty will apply for withdrawing before maturity
- Available in all major currencies (USD, GBP, ZAR and EURO)
Benefits
- Ideal for business / corporate entities seeking to earn competitive interest on excess cash
- Enjoy interest on this account
- FREE banking services