Knowing what you get from the beginning
Term deposits are by definition a simple product: you deposit a stash of money in an account for a fixed period of time and earn a fixed rate of interest. They’re offered by Authorised Deposit-Taking Institutions (ADIs) which means up to $250,000 of your money will be guaranteed in. It just allows you to deposit money into your Fixed Term Deposit and withdraw it at maturity. Is the interest rate fixed for the entire length of my term. Yes, the interest rate is fixed for the whole term of your Fixed Term Deposit. Any subsequent changes in the interest rate will only affect new Fixed Term Deposits. Can I access my money in. A fixed deposit, or ‘FD’, is a type of bank account that promises the investor a fixed rate of interest. In return, the investor agrees not to withdraw or access their funds for a fixed period of time. In a fixed deposit, interest is only paid at the very end of the investment period.
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.
Fixed Term Deposit
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 |
Fixed Term Deposits
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
Contact us about this product or to set up an appointment