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
minimum credit line, as specified by the Bank
Available for individual / non-profit
organization / other funds, insurance companies, savings
cooperatives.
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.
If the maturity date is on a bank holiday,
redemption will occur on the next business day instead.
Interest shall be computed for that bank holiday.
B/E is not automatically rolled over.
Interest payment will be subjected to
withholding taxes, if applicable.
B/E is non transferable / not assignable.
Customer cannot redeem before the maturity
date.
The Financial Institution Development
Fund does not guarantee the principle and interest.