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Fixed Term Deposits

Maximise your earning potential

Our Fixed Term Deposits offer you flexibility at competitive interest rates. The maturity date can be fixed from three months to one year (short-term) or from one year to five years (long-term), depending on your needs.

With a Fixed Term Deposit, you get the option of a high liquidity savings solution that will maximise earnings of idle funds.

Short term

  • Fixed maturity from 3 months to 1 year
  • Available in BMD, USD, GBP, CAD, AUD and NZD
  • Interest is paid on maturity for all deposits up to one year
  • $1,000 minimum deposit for BMD and USD (other currency minimum deposits available on request)

Long term

  • Fixed maturity of 2, 3, 4 and 5 years
  • Available in BMD and USD (other currencies on request)
  • $1,000 minimum deposit

Next Steps

Call us on 299-5959 to arrange an appointment.

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What you should know before you apply

  • Minimum age 18 years
  • Non-residents must be able to demonstrate their relationship to Bermuda, such as property or employment
  • Withdrawals made on Fixed Term Deposits prior to maturity will be subject to penalties

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