Fixed Deposit Account

Maximise your earning potential

Our Fixed Deposit Accounts offer you flexibility at competitive rates of interest. The maturity date can be fixed from seven days to one year (short-term) or from one year to five years (long-term), depending on your needs.

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

Short term

• Fixed maturity from 7 days to 1 year
• Available in BMD, USD, CAD, GBP and a variety of other major currencies
• View current rates
• Interest is paid on maturity for all deposits up to one year

Long term

• Fixed maturity of 2, 3, 4 and 5 years
• Available in BMD
• $1,000 minimum deposit
• View current rates
• Interest is either paid out, or re-invested on a quarterly basis.

Short term

• Fixed maturity from 7 days to 1 year
• Available in BMD, USD, CAD, GBP and a variety of other major currencies
• $1,000 minimum deposit for BMD (other currency minimum deposits available upon request)
• View current rates 

Long term

• Fixed maturity of 2, 3, 4 and 5 years
• Available in BMD
• $1,000 minimum deposit
• View current rates

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 Deposits prior to maturity will be subject to penalties

You may also be interested in...

• Investment solutions – we have a variety of investment choices to suit your needs – Visit the Investment Centre