Term deposits
The term deposit is a renewable fixed investment, with a theoretical minimum duration of 1 month. The purpose of the DAT is to build up remunerative savings whose interest is paid at maturity on the basis of the terms of the contract.
- The client can benefit from an advance on the TD
- The TD can be used as collateral for bank loans granted to the holder or to a third party
- Flexible loan terms and conditions
- Negotiable rate depending on the duration and the amount
- Target: any individual or legal entity with legal capacity
- Opening of a TD account: free of charge
- Initial savings for TD: 10,000,000 XOF minimum
- Any reduction in capital before maturity will result in a release penalty
- Minimum duration: 3 months
- The client can benefit from an advance on the TD
- The TD can be used as collateral for bank loans granted to the holder or to a third party
- Flexible loan terms and conditions
- Negotiable rate depending on the duration and the amount
- Target: any individual or legal entity with legal capacity
- Opening of a TD account: free of charge
- Initial savings for TD: 10,000,000 XOF minimum
- Any reduction in capital before maturity will result in a release penalty
- Minimum duration: 3 months
