Opening and managing the account is free of charge.
Interest rate is guaranteed for the entire term, with the advantage of having all the interest paid up front.
The account can be opened with a minimum of 5,000 in the currency of denomination.
Interest rates are quoted gross of tax on a per annum basis.
Interest is paid 10 working days after opening the account.
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.