Term Deposits
We provide multi-currency term deposit accounts (USD, GBP, CAD, EUR) for periods ranging from 7 days to 2 years. Minimum deposit of US$100,000 or equivalent required.
- Interest Rates:
- Based on rates being quoted in the Eurodollar market.
- Rates fluctuate daily and once quoted are fixed for the term of the deposit. Interest is payable monthly, quarterly, semi-annually, annually or at maturity.
- Payment options include: wire transfer, bank draft or credit to another account maintained at NCB.
- The funds may also be rolled-over at maturity.
- Service Charge: a penalty for early withdrawal may apply.
- Minimum Opening Deposit: US$100,000 (or its equivalent in another currency)
- Term: normally 1 - 24 months