Term Deposit
- Higer return on savings
- The interest rate is guaranteed
- Different deposit periods are available
- Your investment is secured against fluctuating interest rates during the term of the invested deposit
- Interest is paid monthly or at maturity as per request
- This account can also be used as collateral for other banking facilities
- The interest rate is fixed during the term
- Minimum opening balance required
- Available in MZN, USD and ZAR
Standardized Information Sheet for Deposits
Unfixed Term Deposit
- The interest rate is guaranteed
- Different deposit periods are available
- Your investment is secured against fluctuating interest rates during the term of the invested deposit
- Interest is paid monthly or at maturity as per request
- This account can also be used as collateral for other banking facilities
- Allows withdrawal of up to 50% of the capital applied without penalty
- The interest rate is fixed during the term
- Minimum opening balance required
- Available in MZN
Standardized Information Sheet for Deposits
Upfront Term Deposit
- Interest is paid upfront
- Different deposit periods are available
- Your investment is secured against fluctuating interest rates during the term of the invested deposit
- The interest rate is fixed during the term
- Minimum opening balance required
- Available in MZN
Standardized Information Sheet for Deposits
Documents required
- If the customer does not have a current account with the bank:
Open a transactional account (current/saving); - If the customer has a current account with the bank:
National ID card or equivalent document
*All documents are required in their original form. The list of required documents mentioned above is indicative only. The bank may at any time request additional documents or information to process your application(s).
Cards Limits Sheet
