- Term deposit account We no longer offer new term deposits under our Yorkshire Bank brand. We offer them under our Virgin brand, you can find more information on our Virgin Term Deposits here. Maturing Customer Term Deposits – For Yorkshire Bank customers with an existing Term Deposit only.
- A time deposit or term deposit (in the United States also known as a certificate of deposit) is a deposit in a financial institution with a specific maturity date or a period to maturity, commonly referred to as its “term”.
- A savings account at a bank or credit union is a good alternative to holding cash in a checking account, which typically pays very little interest on your deposit. The bank will pay interest in a.
The Sathapana Bank's term deposit account allows you to choose a fixed period for your deposit starting from 3 month up to 60 months while earning high interest rates. Available in Khmer Riel, US Dollar or Thai Baht. Our term deposit gives you the flexibility to manage your fund with maximum returns. If you wish to withdraw your money before the maturity date, the prevailing savings rate applies.
With HSBC's Term Deposit Account, you have the flexibility to choose the length of the deposit term, with preferential interest rates to grow your assets. Close We know some of you might have queries about how your finances may be affected by COVID and we're here to ensure you have the help and support you need.
Features
Interest on Maturity | Monthly Interest | |||||
|---|---|---|---|---|---|---|
Minimum Opening Balance | USD 1,000 | KHR 4,000,000 | THB 30,000 | USD 1,000 | KHR 4,000,000 | THB 30,000 |
Terms | USD | KHR | THB | USD | KHR | THB |
3 months | 2.00% | 2.75% | 1.00% | 1.75% | 2.50% | 0.75% |
6 months | 3.00% | 3.50% | 2.00% | 2.75% | 3.25% | 1.75% |
9 months | 4.00% | 4.50% | 2.50% | 3.75% | 4.25% | 2.25% |
12 months | 5.50% | 7.00% | 3.00% | 5.25% | 6.75% | 2.75% |
24 months | 6.00% | 7.25% | 3.50% | 5.75% | 7.00% | 3.25% |
36 months | 6.25% | 7.50% | 3.75% | 6.00% | 7.25% | 3.50% |
48 months | 6.25% | 7.50% | 3.75% | 6.00% | 7.25% | 3.50% |
60 months | 6.25% | 7.50% | 3.75% | 6.00% | 7.25% | 3.50% |
Entitles |
| |||||
Term Deposit Prematurity | An interest rate of Savings Account is applied | |||||
Early Closure Term | 48 months and 60 months, free and 30 days notification | |||||
Withholding Tax | 6% for Residence or 14% for Non-Residence | |||||
Notes:
* Opening THB Account is applicable at designated branches only. Please contact us for more information.
* Interest rates are subject to change at the bank's sole discretion without prior notice to clients.
* Commercial Banks, Specialized Banks and Micro Finance Institutions, Insurance Companies and other forms of Financial Institutions (FI) are excluded.
Term Deposit Rates
Providing you with term deposit account facilities.
Westpac Bank Term Deposit Rates
Features & Benefits
- With a minimum deposit of only BND 1,000.00, you can enjoy higher returns than a regular savings account while planning for your finances
- Shariah compliant term deposits accounts
- Choose the tenor of your term deposit period: 1, 3, 6, 9, 12 , 24 & 36 months
- The profits are paid on maturity and may be reinvested with the deposit amount
- Deposits may be made in cash, cheque or by direct account transfer
Bank Term Deposits
- Shariah Concept
- Wakalah
The Depositor ('Muwakkil') enters into a Wakalah Agreement with the Bank ('Wakil') and deposits a certain amount of money to the Bank to be utilized and invested in profitable Shariah-compliant transactions. The Depositor will be offered the expected profit rate from the Investments and the Bank will earn a Wakalah fee for the service rendered. Any amount that the Bank earns in excess of the Depositor's expected profit (after deducting the Wakalah fee) will be retained by the Bank as incentive
- Wakalah
- Eligibility
- Brunei Citizens and Permanent Residents
- Foreign Citizens with valid work / student permit
- Individuals aged 18 and above
- Requirements
- Minimum opening deposit of;
BND 1,000.00 for term period of 3 months or longer
BND 5,000.00 for term period of 1 month
- Minimum opening deposit of;
- Profit Distribution
- No profit for termination of term deposit less than 1 month
- Profit, at the Bank’s discretion, may be paid proportionately to the completed months at the prevailing rate at the time of termination
For more details, please refer to the Bank's Schedule of Tariffs or the list of applicable rates for this product.
Please read this Product Disclosure Sheet before you decide to take the BND Term Deposit Account. Be sure also to read the General Wakalah Terms and Conditions of Deposit Products.
Term Deposit Account Interest Rates
Click to view General Wakalah Terms & Conditions of Deposit Products in English and Malay.
Canadian Term Deposit Rates
Guaranteed protection up to maximum BND 50,000.00 per depositor under the Deposit Protection Order 2010.