Term Deposit

Type Term deposit account
Subscribers Individuals, joint persons or legal representatives in case of minors.
Currency MOP; HKD; USD; EUR; RMB.
Durations You can place your funds for a duration of:
  • 1 month
  • 3 months
  • 6 months
  • 12 months
  • Minimum Initial deposit MOP 100,000.00 or its equivalent in accepted currencies
    Rates Interest rate guaranteed, determined in advance;
    Return conditions are fixed according to the duration and the amount placed;
    To know the rates applicable today on our deposits, please contact one of our Relationship Managers;
    Early redemption allowed with full penalty of interests.
    Fees No account management fees.
    Taxation No taxation on capital gains;
    Foreign Account Tax Compliance Act “FATCA” is applied to all U.S. Persons.
    Other Benefits Free availability of funds.
    Free monthly account statements.
    Efficient transactions with NOVO BANCO in Portugal.