Opening and managing the account is free of charge.
Interest rate is guaranteed for the entire term, and will remain unchanged regardless of changes in market interest rates.
Available in EUR, GBP, USD, AUD, NOK or CAD.
The account can be opened with a minimum of 100 in the currency of denomination.
Interest rates are quoted gross of tax on a per annum basis.
You can choose to have interest paid quarterly, bi-annually or annually.
For accounts with a balance of 20,000 or more, in the currency of denomination, you have the additional option of interest to be paid monthly.
Withdrawals may be made only upon maturity of the account, and early withdrawals are not permitted.
The Bank and its products are regulated by the Malta Financial Services Authority.
Deposits are guaranteed up to €100,000 per depositor per credit institution under the Malta Financial Services Authority Depositor Compensation Scheme.