Time Deposit Account

A safe deposit in an investment account

As your company prospers, you may end up with funds in excess of what is needed for payments. You do get an interest on a temporary surplus balance in a payment account, but a longer investment in an investment account brings better yield. The amount deposited and the deposit period have an impact on the return on the deposit.

How does your business benefit from Time Deposit Account?

• A safe means of investing funds in a deposit account.
• The deposit is made for a period which you can define.
• You can determine the capital and interest to be automatically transferred to the underlying payment account at maturity.
• If your company has several investment accounts, you can get their information in one investment statement, if you want. The investment statement shows all the single valid deposits of your company.