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.