Sunday. September 07, 2008 .
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Fixed Deposits.

They can be made as from USD 3000.00 for the following periods and interests: 3 months 1.5%, 6 months 1.75%, 12 months 2%, 24 months 2.25%, 36 months 2.75%.

When making the deposit, the bank shall issue a certification of the fixed deposit made by the client..

They can be made in the name of one o more person; if in the name of only one person a beneficiary can be designated. They can not be endorsed.. 

The principal can be collected before the date agreed, but it loses interests.. 

When making it, the client can instruct the bank the way in which it wants to settle the principal and/or interests at maturity..

Certificates of Deposit.

They can be made as from USD 500.00 for the following periods and interests:    3 months 1.5%, 6 months 1.75%, 12 months 2%, 24 months 2.25%, 36 months 2.75%.

When making it, the bank issues a Certificate of Deposit that is handed to the client.

They can be made only in the name of one person, a beneficiary can not be designated and can be endorsed in favor of other person. Endorsements must be communicated to the bank before making them.


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