Saturday, May 19, 2012  
Services   :: Deposits
   
Deposits

IBL Invest offers highly competitive interest rates on fixed term deposits across all major currencies. Fixed term deposit maturities range from 6 months and above, and are open to all clients irrelevant of residence, location or nationality.

 General Characteristics of IBL Invest Fixed Term Deposits:
  • Requires at least a six months blocking period
  • Favorable interest rates that vary depending on:
    • Account size (Larger account sizes attract higher interest rates)
    • Maturity
    • Frequency of interest payments
Advantages of Time deposits at IBL Invest:
  • Earns higher than market interest rates
  • Opened as individual accounts (single client), joint accounts (and/or) and collective accounts (and)
  • Accounts can be opened for institutions
  • If requested, you will be offered passbooks to facilitate tracking balances and interest payments
  • You can also take advantage of the online banking feature to keep track of their funds
In order to apply for a Fixed Term Deposit at IBL Invest you require:
  • To sign an IBL Invest Account Opening form at any IBL Bank Branch
  • Present a valid identification for every person whose name appears on the account
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