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Attractive rates of interest are available with British Caribbean Bank’s Certificate of Deposits. The minimum deposit required to open an account is US $25,000. The rate paid is dependent on the term and size of deposit. Interest paid is free of tax in the Turks and Caicos Islands.
Key Features of Certificate of Deposits Accounts:
- The interest rate at time of deposit is fixed until maturity
- Available in terms from 30 days to 365 days +
- Access to your account information through online banking
- Your deposit is automatically renewed (unless you instruct otherwise)
- Interest is calculated on a daily basis and paid at maturity
- Available in US Dollars, Canadian Dollars, Pounds and Euros
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