Junior Saving Account

For short term savings solutions, the Junior Savings account is the easiest way to progressively build savings with guarantee of principal and guaranteed remuneration.

This account is a term deposit automatically renewable for 1 year.


Remuneration, Term and Amounts

Remuneration
Consult General Pricing at your Agency
Term
360 days, renewable for equal periods of time
Minimum Amount
CVE 10.000$00

 


Other Characteristics

Reinforcements
Not applicable.
Fees
None.
Payment of Interests/Repayments
At the end of each contractual term by accumulation to principal (to be compounded).
Early withdrawals /Redemption
Total or partial withdrawals allowed, the respective minimum amount to be respected.
Taxation
20% over revenues.
Commercialisation Period
Under commercialisation.

Note: The calculation base for the interest rate is 360 days. No rounding of the rate applied.