Foreign Currency Premium Earner Term Deposit Account
|Sagicor Bank||Legacy Sagicor Bank|
The FX Premium Earner Term Deposit Account is an unbreakable term deposit account that allows more interest to be paid than that of regular Certificates of Deposit. With this account no withdrawals are allowed during the term of contract and lump sum deposits are prohibited.
- Minimum 1,000 units in any stated foreign currency
- Deposit must be held for a minimum of 366 days
- Interest paid is higher than that of regular Certificates of Deposit*
- Interest rate is based on the balance held in the account
- Interest paid at maturity