Fixed Deposit Account

Other features and benefits of this account include:

• Account gives you access to personal overdrafts or loans of up to 95% of the fixed deposit value.
• Interest rate is fixed and guaranteed for the term of the investment, so you don’t have to worry about declining interest rates.
• Interest can be paid monthly, quarterly, biannually, annually or upon maturity.
• Funds will automatically be re-invested in a call deposit after the maturity date unless instructed otherwise by the customer.
• Changes to the investment period must be advised to the bank before the date of maturity.
• Supported payment channels are Online Banking for retail and corporate customers and branch.
• Interest is forfeited if the contract is terminated before maturity.