3 Year USD Fixed Rate Certificate of Deposit
Overview
Eligibility to open account
Currency:
US Dollar
Minimum Amount:
USD 100
Duration:
Three years
Interest Structure:
Fixed interest rate
Interest is paid monthly, quarterly, annually
Renewal of the certificate for a similar period as desired by the customer on the date of maturity and in accordance with the conditions stated on this date
The certificate shall be recovered on the due date in full value and in the same currency
The ability to borrow with a certificate guarantee up to 90% of the value of the certificate. In the currency of the dollar
Interest rate is: monthly 2% - quarterly 2.15% - annual 2.25%
For CDs rates please enter Certificates Rates.
Benefits:
Interest calculation is effective from the first working day after certificate issuance.
The certificate is redeemable after the first 6 months according to the bank redemption schedule.
Required Documents:
Original & valid national identification for Egyptians.
Original passport for foreigners, with a valid residency document.
Original birth certificate for minors.
Recent utility bill (electricity, telephone bill, …etc).
* Other conditions may apply.