Fixed Term Deposit
A Fixed Term Deposit is available in a choice of 19 currencies for a fixed period of time that you choose, to suit your individual requirements. Check eligibility and how to apply Open an Expat Bank Account. With our Term Deposits, you have the security of locking in a fixed rate of return, giving you greater peace of mind. Choose from a range of terms You can choose from a range of terms to suit your needs. Anything from 1 month to 5 years. Key Difference: A fixed deposit, also known as a term deposit, is a financial instrument provided by the banks, which offer a higher rate of interest than a regular savings account. Fixed deposit and term deposit are two common words in banking. Short Time Deposits: Short Term Deposits are funds deposited for a fixed interest rate at a minimum fixed period of 7 days and a maximum fixed period of thirty days. Junior Jumbo Account (JJ) A Junior Jumbo Account (commonly known as 'JJ Account') is a savings account designed to accumulate deposits for persons of less than 18 years of age. A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account.
Knowing what you get from the beginning
Make your money grow in a short time! The FIXED TERM DEPOSIT is your easy, transparent and quick way to accelerate your savings.
If you know what you have and what need, just decide by yourself how long you wish to save or how much profit you wish to generate. Maturity reaches from 3 months to 3 years. You can open your FIXED TERM DEPOSIT account in local or foreign currency and track your savings balance online.
Knowing what you get from the beginning
Make your money grow in a short time! The FIXED TERM DEPOSIT is your easy, transparent and quick way to accelerate your savings.
If you know what you have and what need, just decide by yourself how long you wish to save or how much profit you wish to generate. Maturity reaches from 3 months to 3 years. You can open your FIXED TERM DEPOSIT account in local or foreign currency and track your savings balance online.
FEATURES AND REQUIREMENTS:
Maturity: | 3 months, 6 months, 1 year, 2 years or 3 years |
Interest rate: | Contact us for rates |
Minimum opening balance: | USD1,000 |
Depositor age requirement: | 18 years or above |
To open a FIXED TERM DEPOSIT account, an identification document of the account holder is required.
For further information, contact one of BRED’s relationship managers.
Or download our Terms & Conditions
Fixed Term Deposit Rates Usa
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