Time Deposit Account

Companies or individuals may open a Term Deposit Account in all major currencies, LBP, USD, GBP, EURO, etc..

• Account holder may be resident or non-resident.
  
• Attractive interest rates are offered providing you with the flexibility to choose the maturity date best
  suited to your needs.
  
• Term Deposit Accounts are automatically renewable and funds are blocked for one, three, six, or twelve month periods, depending on your requirement.
  
• Attractive interest rates are offered and you have the flexibility to choose the maturity date best suited
  to your needs.
  
• No passbook is provided.
  
• Any Account Holder of a Time Deposit Account shall be given a vooucher specifying the date the account was opened, the maturity date and the applicable interest rate.
• The Account shall yield interest pursuant to the rate agreed upon, which interest shall be added to the
  capital at maturity date. No withdrawal may be carried out prior to maturity date.