Fixed Deposits

Overview

Our Fixed Deposit Account can earn you a greater return on your money with than a savings account. Ours offers flexibility at competitive rates of interest. The maturity date can be fixed from one week to one year. After the year is up, there is an option to roll over. 

Key features and benefits

• The Fixed Deposit can be established in KYD, USD, CAD, STG and EUR currencies and for a standard time period of your choosing.
• The rate of interest is based on the prevailing market rates.
• Deposit is secured by the Bank’s balance sheet
• Superior return to that of savings accounts
• No administrative charges

What you should know before you apply

• Interest paid at maturity
• Penalty applies only if deposit is redeemed prior to maturity date