Savings accounts

1. Aged 18 or over for a sole account. Under-18s must hold the account jointly with an individual over the age of 18
2. Interest paid quarterly in arrears

1. Aged 18 or over for a sole account. Under-18s must hold the account jointly with an individual over the age of 18
   
2. Non-residents must be able to demonstrate their relationship to Bermuda, such as property or employment
3. Withdrawals prior to maturity will be subject to penalties

Short term deposits

1. Fixed maturity from 3 months to 1 year
2. Available in BMD, USD, GBP, CAD, AUD and NZD
3. Interest is paid on maturity for all deposits up to one year
4. $1,000 minimum deposit

Long term deposits

1. Fixed maturity of 2, 3, 4 and 5 years
2. Available in BMD, USD, GBP, CAD, AUD, and NZD
   
3. $1,000 minimum deposit

1. Standard Interest - automatically given to the account on opening, is calculated daily and paid monthly on the first business day of the next calendar month. Where the first day of the month isn't a business day, the interest will include any accrued up to (but not including) the first business day of the month. No interest is paid for any day when the balance is below the minimum balance requirements (i.e. $100).
   
2. Bonus Interest - interest paid in addition to the standard rate if no withdrawals are made within a qualifying 3-month period. If withdrawals are made, the qualifying 3-month period will reset on the first business day of the next month, if the balance is not below the $100 minimum requirement.