Terms deposits

Lock your surplus cash into a fixed rate of interest over an agreed period, so you can accurately forecast your returns and improve cash flow management.

Key features and benefits

• Earn higher interest on your business's surplus cash;
• Fixed interest rate: Interest is fixed for the term of the deposit. When you make the deposit we will inform you of the precise amount of interest you will receive on maturity;
• Flexibility: You have an option of a fixed deposit or a Call deposit depending on your cash flow requirements;
• Choice of currency: The account is available in Uganda Shillings, Euro, US dollars and GB Pounds;
• Choice of deposit length: You can select the length of your fixed deposit account;
• No bank fees. There are no charges on the account;
• Funds in your fixed deposit account can be used to secure loans and overdrafts;
• Funds may be budgeted for future use.