Unbreakable Term Deposits

Features and Benefits:

• Available in J/USD/GBP/CAD
• Initial deposit: JMD 100,000 or USD/GBP/CAD 1,000
• Minimum balance: JMD 100,000 or USD/GBP/CAD 1,000
• The deposit must be held for a minimum of 366 days and cannot be broken during the term of the deposit. Interest is paid at the end of the period.
• Interest is calculated daily and is paid at maturity.
• The interest rate that is applicable on the term deposit is relevant during the life of the deposit – it will not be adjusted if term rates change. If, at maturity, the customer wishes to reinvest the funds, they would be reinvested at the new rate.
• At maturity, principal and interest are rolled automatically, unless the customer specifies instructions.