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Time deposit Account

You can easily start with the process of applying for a Time Deposit Account online. Please be advised that a current account at Banco di Caribe is required to open a Time Deposit Account.

There is a minimum deposit amount of AWG 5,000.00 required to open a Time Deposit Account.

We offer different Time Deposit options. You can choose between the following terms:

  • 1 year
  • 2 years
  • 3 years
  • 4 years
  • 5 years

We offer attractive interest rates that depend on the term of the Time Deposit. Please contact us for more information about the interest rates.

When you have a Time Deposit, you need to understand that you will receive the total amount including interest at the end of the term. Withdrawing money from a Time Deposit Account before maturity date automatically leads to a breach of the Time Deposit contract. In this case, we charge a penalty fee.

You can open a Time Deposit Account at no cost.

When the Time Deposit account reaches its maturity date, we will credit the total amount saved during the specific term on your current account.