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Term deposit account

With the term deposit account, a statement is delivered (upon the customer’s request) and a regular automatic advice showing the earned interest, the new applied credit interest rate, the up-to-date account’s balance and the next maturity date will be generated. The customer has the choice of determining the periods in months (1, 3, 6, 9, 12…) for which the account will be blocked.

Withdrawals and deposits can be made only at maturity date.

Advantages:
  • highest interest rates,
  • the customer can retrieve via a current account up to 20% of the deposited amount anytime before maturity date,
  • the customer can modify the renewal conditions of the term deposit account at any time according to the following descriptions:
    • principal amount + interest to be renewed,
    • only principle amount to be renewed; interest to be deposited in the associated current account,
    • only principle amount to be renewed; monthly or periodic interest to be deposited in the associated current account,
    • principal amount + interest plus/minus the balance of the associated current account to be renewed,
    • principal amount plus/minus the balance of the associated current account to be renewed,
    • principal amount plus/minus the balance of the associated current account to be renewed; monthly or periodic interest to be deposited in the associated current account,
    • fixed principle amount to be renewed,
    • fixed principal amount to be renewed; monthly or periodic interest to be deposited in the associated current account,
    • fixed principal amount in the associated current account to be renewed,
    • fixed principal amount in the associated current account to be renewed; monthly or periodic interest to be deposited in the associated current account,
  • a high-speed mobile internet connection, a free modem and preferential tariffs with Connect.

For any additional information, please contact your nearest BLF branch or our Call Center on 1272 or send us an email on info@eblf.com

Related links
Banque SBA | | LF Finance (Suisse) | Bank Al-Sharq | BLF Trade | | Lucky to be young
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