Daily interest calculation and compounded Monthly.
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Details

Account Features
  • An investment product with a fixed interest rate, period and amount
  • Interest bearing non-transactional account in local currency, GBP, USD, ZAR and EUR
  • Interest rates are set from time to time depending on the amount and prevailing market conditions
  • Min. amount for each currency required to open a fixed deposit
Account Benefits
  • High interest rate
  • No interest fluctuation during the tenure of the deposit, irrespective of market conditions
  • Early redemption is permitted at a penalty
  • It can be used as collateral

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