Fixed Deposit Account

An investment account that allows you to invest a lump sum over a fixed period at a fixed interest rate.

Features

  • Competitive interest rates
  • Interest rates are fixed for the duration of the investment
  • The account is not transferable
  • Additional deposits or any transactions are not allowed in the duration of the investment
  • Account may be pledged as security on a loan
  • Interest may be paid out into another account

Requirements

  • Minimum balance and transaction requirement is SZL1000
  • No maximum balance required
  • Copy of ID or passport
  • Proof residence ( utility Bill)

 
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