Time Deposit Account
EARNING INTEREST MADE EASY!
Looking for a safe investment with a good return? Available in all major currencies (mainly LBP, USD and Euro), the Creditbank Time Deposit account offers you competitive interest rates along with the flexibility of choosing the maturity date that best suits your needs. The longer the term, the higher the interest rate!
Characteristics:
- Available as a joint account
- Available for individuals, residents or non-residents, companies or institutions
- Might be opened for minors by their legal guardians
- Accompanied with free online and mobile banking
- No passbook required to withdraw or deposit funds
- Accompanied with an advice specifying all transactions
- Yields interest pursuant to the rate agreed upon
- Interest added to the capital or in a separate account at maturity
- Funds remain locked until the maturity date
- Automatic renewal of account based on a previously agreed upon term: one, three, six, or twelve month periods
- Statement of account provided every six months
- Summary of sheet of last ten transactions provided upon request
*Final conditions are set in executable agreements and documents.
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