|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:
|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.