CAD Premium Term Deposit
CAD Premium Term Deposit are offered at a guaranteed interest rate, which puts customers' mind at ease by eliminating the need to monitor interest rate fluctuations.
For new premium term deposit, document requirement is the same as opening a new banking account. Customers need to provide two valid identification documents.
CAD Premium Term Deposit
- Terms range from 7 days to maximum 5 years.
- Interest is calculated daily on a 365-day basis.
- Special rate of higher return is available for deposits over CAD$100,000.
Please contact our branches or refer to our "Rates and Fees"; for more details.
Non-Redeemable CAD Premium Term Deposit Rates
- Minimum deposit is CAD $1,000.
- Terms include 7-days, 1-Month, 2-Months, 3-Months, 6-Months, 1-Year, 2-Years, 3-Years, 4-Years and 5-Years.
- Interest is paid at maturity.
- No early redemption before maturity is allowed.
Redeemable CAD Premium Term Deposit
- Minimum deposit is CAD $5,000.
- Term 5-Years.
Redeemable CAD Premium Term Deposit | Redemption prior to maturity | Partial Redemption |
5-year Step-Tier Term Deposit | Redemption within every anniversary date plus 15 business days (i.e. the grace period) is allowed | - Minimum redeemable amount is CAD $1,000. - CAD $5,000 minimum balance is required. |
Relevant Documents
Investment Accounts Term Deposit(GIC) Product Summary
Please contact our branches or refer to our "Rates and Fees"; for more details.
All terms and conditions of Premium Term Deposit (CAD and USD) stated above are subject to change without prior notice.