Current Accounts
Savings Accounts
Term Deposit Accounts
Business Overdraft
business Loans
Payment Cards
Payment Services
Standing Orders
Guarantees
 
Term Deposit Accounts

Term Deposit Accounts are an ideal repository when your business has funds in excess of immediate requirements and one can predict when this cash will be needed.

A quick glance
  • Consider the account only if you think that you will not need your money during the term of the deposit
  • Very attractive interest rates
  • Interest calculated daily
  • For terms up to 12 months interest is paid on maturity
  • For terms above 12 months interest is normally paid every year
Additional benefits
  • Periodic interest may be paid by cheque or directly into an account of your choice
  • Interest paid on maturity may be capitalised or placed on a new Term Deposit Account
  • A choice of terms ranging from 1 month to 5 years is available to suit your needs
  • For terms of one year, interest may be paid monthly upon request
  • A statement is issued on account opening and an interest statement is issued with every interest payment for ease of record keeping
  • The account is free of any fees