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Fixed Term Deposit

Fixed Term Deposit

Time deposit accounts, also known as certificates of deposit, provide higher interest rates compared to savings accounts. Nevertheless, funds deposited into these accounts cannot be withdrawn until a predetermined period, or term, has elapsed.

Take charge with fixed-term savings options.

You can select from 19 different currencies for a Fixed Term Deposit, tailored to your specific timeframe preferences.

  • Experience our competitive interest rates
  • Take advantage of interest rates linked to market trends.
  • Select from a diverse array of 19 global currencies
  • Deposit funds in the currency that aligns with your preferences.
  • Lock in savings for a duration of 1 to 12 months
  • Benefit from the freedom to save for a timeframe of your choosing.
  • Effortless automatic renewal
  • Your deposit will seamlessly renew for the same duration unless specified otherwise at the term’s end.

Rates of interest

Explore our selection of savings accounts tailored for expatriates with our interest comparison tool. Refine and organize your search to view interest rates denominated in your preferred currency.

More details

Interest accrues on a daily basis and is disbursed upon maturity. Upon completion of the term, your deposit will be automatically renewed for the same duration unless specified otherwise. Charges will be incurred for withdrawals made before the Fixed Term Deposit matures.

Qualification

If you’re a newcomer to Charactered Finance, you must either maintain a minimum of USD 50,000 or its equivalent in deposits or investments with us, or have a sole minimum salary of USD 100,000 or its equivalent. Additionally, for other currencies, you’ll need to uphold a minimum balance of USD 5,000, EUR 10,000, or its equivalent in the respective currency.

Build your savings without even trying.

Turn on Round-up Rules and start saving up effortlessly. Whenever you make a purchase, Goals make it easy to save for the things you want or want to do. There’s no need for spreadsheets or extra apps to budget and track your money.