USD Term Deposit Accounts

USD Term Deposit Accounts

2 Year Term 5 Year Term
2% p.a. (Gross of tax) interest payable monthly or annually 3% p.a. (Gross of tax) interest payable monthly or annually
Interest not added to capital Interest not added to capital
Capital fixed for 2 years Capital fixed for 5 years
Minimum deposit $2,000 Minimum deposit $2,000
Offer valid for a limited period Offer valid for a limited period

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Terms & Conditions

Under NO CIRCUMSTANCES will a breaking of the account be allowed during its term.

The Fixed Deposit Account is not renewable upon maturity.

Interest is paid into a savings account held with APS Bank.

Cheques, including foreign and local bankers cheques, both in foreign and local currency, as well as personal foreign cheques are to be deposited directly in the term deposit account/s without waiting for the cheque to be cleared in a savings account. In cases where such cheques are not cleared, accounts will be closed and no interest is paid.

Bank charges apply on cheques deposited in these term accounts.

In so far as not in contrast with the above-stated, the Terms and Conditions issued by APS Bank Ltd governing its Term Deposit Account are also applicable.

Owing to currency exchange rate fluctuations, the value of the Euro equivalent in the deposit and any interest payable may fall or rise.

APS Bank Ltd is licensed to undertake the business of Banking and to conduct Investment Services business by the Malta Financial Services Authority and is enrolled as a Tied Insurance Intermediary under the Insurance Intermediaries Act 2006. The Bank is also a participant in the Depositor Compensation Scheme established under Legal Notice 383 of 2015.

Copyright © 2017 APS Bank Ltd