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Fixed term deposit accounts are available
in most major currencies and are suitable
for clients who are able to predetermine
their cash flow and who wish to lock
away a sum of money for a fixed period.
Its key attributes are :
- interest rates are linked to the
London and other international money
markets
- deposit periods range from one
week
- the interest rate is fixed for
the term of the deposit and funds
may not be added or withdrawn until
maturity
- on maturity the interest and capital
or a part thereof can either be
repaid to the client or reinvested
for a further term according to
the client's requirements
- the client automatically receives
an advice on each renewal date detailing
the account balance, the maturity
date and the interest rate prevailing
- the minimum balance requirement
for deposits for periods of one
month or more is £25,000/US$50,000/Euro
50,000, however, for deposits of
6 months or longer, the minimum
balance is reduced to £10,000/US$25,000/Euro
25,000. Quotes for larger amounts
and other periods available on request
- deposits are accepted in other
major currencies and details are
available on request.
- transfers from the account can
be made either by way of bank cheque
or electronic transfer, subject
to us receiving instructions by
midday on the date of maturity in
respect of sterling accounts and
two working days prior to the maturity
date in respect of other accounts
Opening an account could not be easier.
Please complete an Application form
and return it to us.
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