Not covered by the FDIC. Available
only to Non-US residents.
Call Deposits
Minimum term:
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Minimum amounts:
equivalent to US$100,000.00
Terms and Interest Rates:
• The interest rate varies weekly according to international market conditions.
• Interest earned will be paid at maturity.
• Increments or withdrawals are allowed in minimum amounts of $100,000.
• Increments or withdrawals require two (2) business days prior notice.
• Call Deposits are available to individuals and corporations.
Fixed Term Certificate of Deposit
Minimum term:
7 days
Other terms:
30, 60, 90, 180 days, 1
to 5 years, other by request
Minimum amounts:
equivalent to US$100,000.00
Terms and Rates: The
Bank determines the interest rates on a weekly basis.
Terms available range between 7, 30, 60, 90, 180 days and 1 to 5 years.
Other terms are available upon request.
Interest rate can be fixed or floating: Fixed Rate: Interest rate applicable depends on the amount and
tenor. Once agreed upon, it remains fixed until maturity. Interest payments are
credited according to customers instructions. Floating Rate: Deposits over $100,000 with at least one year
maturity offer the following advantages:
Floating interest rates are reviewed every 30 days on the last working day of
the month, and are based on the Eurodollar market.
Foreign Currency Certificates of
Deposit
Minimum term:
30 days
Minimum amounts:
equivalent to US$100,000.00
Currencies available:
Euro; Pounds Sterling; Yen; Swiss Franc; Canadian
Dollar.
Other foreign currencies upon request. Fixed market interest rate applies for
each foreign currency.
The interest rate applicable will depend on type of currency, amount and tenor.
Once agreed upon it remains fixed until maturity.Interest will be paid at
maturity.
Unless the Bank receives instructions two (2) business days prior to the
maturity of the deposit, it will be renewed automatically at current market
rates and under the same terms.
