Benefits
Every detail designed to deliver a smoother, more intelligent banking experience.
- Eligibility to borrow up to 85% of its value with pricing 2% above CD rate
FIXED 5 YEARS USD CD
Reach your goals securely. Save for tomorrow in local currency while you enjoy the Suez Canal Bank benefits.
Required documents
- For Existing Clients request issuance of 5 years fixed rate, USD Certificate of deposit for Individuals
- For New Clients, documents for account opening, plus request issuance of 5 years fixed rate, USD Certificate of deposit for Individuals
Terms & Conditions Applied
Redemption fees
- Interest rate of return conditions
- CD Amount, can be redeemed after First year from day of purchase the CD
- Starting from Second Year : Percentage discounted from annual interest rate applicable to certificate 1.75%
- Through Third Year : Percentage discounted from annual interest rate applicable to certificate 1.50%
- Through Fourth Year : Percentage discounted from annual interest rate applicable to certificate 1.25%
- Through Fifth Year : Percentage discounted from annual interest rate applicable to certificate 1.00%