Certificate of Deposits

ECAB’s Certificate of Deposits offer competitive returns on your money. They are a great choice if you plan to save for specific goals or start investing money towards expansion. Our options include Fixed and Flex CD’s offering attractive rates and terms ranging from 3 to 12 months.

Our CDs are available in XCD and USD currencies and they are ideal for long and short-term investments.

Fixed Deposit

An ECAB Fixed Deposit opens the door to peak financial performance with higher rates of interest and a wide range of terms.


Minimum Deposit 
$ 5,000.00 
 

Features & Benefits

  • Competitive Interest rates starting at 2.00% p.a.
  • Minimum Deposit requirement $5,000.
  • Available in 3, 6 & 12 month terms.
  • Interest paid upon maturity
Fixed Deposit USD

Earn higher interest rates on your US currency without having to convert


Minimum Deposit 
US$2,000.00 
 

Features & Benefits

  • Competitive Interest rates.
  • Minimum Deposit requirement US$2,000.
  • Available in 3, 6 & 12 month terms.
  • Interest paid upon maturity
CD Terms and Conditions:
  • No withdrawal or deposits are allowed on fixed deposit accounts other than at maturity date.
  • *Penalty free withdrawals are limited to 1, 2 & 3 withdrawals for the duration of the 3, 6  & 12 month Flex CD.
  • There is a penalty forfeiture of 2 months interest on the Flex CD if the withdrawal amount exceeds 25% of the current balance. 
  • Ten (10) days notice is required for large withdrawals. 
  • Minimum additional deposits of $2,000 can be made at any time.
  • If the minimum balance falls below $5,000, the interest will be converted to the prevailing savings rate.
  • Interest is forfeited for early redemption within 3 months of opening date, and calculated at the prevailing Regular Savings rate for early redemption after 3 months of opening date.
  • Quoted interest rates applicable only to the initial CD term; the bank’s prevailing interest rate is applied upon renewal.
STAY IN TOUCH

Sign Up For Email Updates

Get smart financial tips & exclusive products offers delivered directly to your inbox.

*Your information is safe with us and will only be used to deliver marketing content and promotions. You may unsubscribe at any time.

We use cookies By using our website you agree to our Privacy Policy Ok, Thanks