Considering a term deposit or looking to start earning fixed term deposit interest rates? The Citibank Term Deposit account puts your money to work earning interest instead of leaving it sitting idle in a current account.
Sometimes called a fixed deposit or time deposit, a term deposit lets you earn interest on a wide range of currencies and with different tenors to suit your financial needs. Apply now for your fixed term deposit account today or a foreign currency term deposit.
A Citibank Term Deposit is an excellent way for you to put your money to work.
Instead of leaving your money sitting idle or in a current account, you can put it into a term deposit and gain significantly higher interest.
Note: From September 05, 2014 according to applicable law, foreigner cannot book foreign currency Term Deposit and Unfixed Deposit.
You can view details of your Term Deposit via Citibank Online® and Citi Mobile®, or contact our staff for further assistance.
The Bank will pay the principal of Term Deposit including its interest on the maturity date as stated in the Term Deposit Application Contract. If payment is done to Current Account in different currency, Bank will pay the interest in foreign currency or do conversion of foreign currency by using applicable conversion rate of the currency at the time of the conversion.
In case the Term Deposit Application Contract is crumpled/ torn/ lost, customer can go to Branch to request copies or reference of the contract.