Jamaica - Term and Call Accounts
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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.

   
 

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