Term Deposits are payable only on maturity. There is no cancelation period and no premature closure.
The bank will provide depositors with an option for auto renewal of the fixed term deposit or credit the maturity proceeds to their current or savings account on maturity date.
You cannot add additional amounts to your fixed term deposit but can open more than one fixed term deposit
The rate of interest is fixed for the entire period of the deposit;
The period of deposit can be chosen while opening the deposit;
Deposits are available in Sterling Pound, US Dollars and Euros
Various types of deposits available are:
Interest Pay out Deposit Schemes
Yearly Interest Pay out scheme:
* It will be your responsibility to declare the interest to HM Revenue and Customs (HMRC). Further information can be found on HMRC website at www.hmrc.gov.uk
For interest rates offered on various maturities please download the latest rates available on our homepage.