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Term Deposit Accounts

If you are prepared to put your money away for a definite period Term Deposit Accounts will provide you with a higher rate of interest. This low risk investment is ideal to assist you grow your wealth or plan for your future financial needs.

A quick glance
  • Consider this account only if you think that you will not need your money during the term of the deposit
  • It pays very attractive interest rates
  • Interest is 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 another account of your choice
  • Interest paid on maturity may be added to capital or deposited in a new Term Deposit Account
  • A choice of terms ranging from 1 month to 5 years is available to suit a range of 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
Account opening requirements:
  • A minimum initial deposit of  €10,000.00 or equivalent
  • A valid identification document (e.g. identity card or passport)