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Term/time deposit

Interest is calculated and paid based on amount deposited...

  • Interest is calculated and paid based on amount deposited ;
  • Interest is either paid at subscripting or at end of contract ;
  • A certificate is issued upon subscription ;
  • Minimum amount is 2000.000 FRS ;
  • minimum period is one year ;
  • Interest rate 6% up front and 7% at end of contract.
ADVANTAGES
  • Exceptionally high interest rate ;
  • No savings or account required ;
  • Serves as a security for obtaining a loan, OD,LOC ;
  • Can be converted to shares or debentures upon request ;
  • Security of your money is guaranteed.

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