Treasury fixed deposit terms
This is a deposit by a client to the bank with a fixed tenor at the rate quoted by the bank
Indicative rates - 30 April 2018
| DAYS | RATE PER ANNUM |
|---|
| 7 |
1% |
| 14 |
1% |
| 30 |
1% |
| 60 |
3% |
| 90 |
3.5% |
| 120 |
3.5% |
| 180 |
3.5% |
| 360 |
3.5% |
NOTE
- The minimum investment amount is USD10,000.00
- Withholding Tax
- 15% of interest earned for investments of below 90 days.
- 5% of interest earned for investments of 90 days up to 365 days.
- 0% of interest earned for investments above 365 days
- The above rates are only indicative.
Call our Treasury Team on 755013, 753298, 759419, 791188 for firm quotations.