Customers may invest funds in a fixed/time deposit account to earn interest over a fixed term.
Fixed terms available are:
Options available at the end of the fixed-term period are:
The initial investment, together with the interest earned is rolled over for another term.
- Rollover without Interest
The initial investment without the interest earned is rolled over for another term. The interest earned is paid to the customer.
The initial investment and interest earned are paid back to the customer.
The Bank can design the Fixed/Time Deposit to fit a depositor’s specification.
For Walk-in Depositors, the Bank requires a valid photo ID, a recent passport-sized photograph, and a duly completed KYC Form.
- Complete an Investment Form
- Attach a passport-sized photograph
- Provide a valid photo ID (Driver’s Licence, Biometric Passport, Voter ID, or National ID card)