Term and Call Accounts

Term

A deposit of a specific amount for a fixed duration at an interest rate generally higher than that of a savings account, this account is offered in local or foreign currency (USD, CND and GBP). There is a penalty for breakage and interest is paid on maturity.

Call Account

An interest bearing current account intended for corporate /commercial clients to place deposits for a short period of time. It provides the flexibility of withdrawal on demand, without notice.