Offers more alternatives for your investment
with the higher interest than normal deposit account.
Earn interest according to the period
of your investment.
Criteria
Customer can subscribe B/E according to the minimum specified by the Bank.
Available for individual / non-profit organization / other funds / insurance companies, savings cooperatives.
The principal and interest as specified on the B/E will be paid upon the maturity date.
The Deposit Protection Agency does not guarantee the principal and interest.
B/E is not transferable / not assignable.
Early redemption is not allowed unless specifically agreed by the Bank.
If the maturity date falls on a bank holiday, redemption will occur on the next business day instead. Interest shall be computed for that bank holiday with interest rate as specified on the B/E.
If the redemption does not occur on maturity date, which is a normal business day due to no fault of the bank, interest will be computed up to the maturity date only.
For B/E accompanied by transactional recording book, savings account must be opened with the Bank for automatically receiving the principal and interest amount upon the maturity date, and leave the original of B/E certificate at the Bank. The copy of B/E certificate and transactional recording book will be provided for customer as evidences only.
