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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.