Savings and Investment

 

 

 

USD SecureSave  Account

Description 

  • The USD Secure Save Account is an interest-earning account designed to assist customers place savings in an account where balances are not affected by charges. 
  • The product assists customers towards meeting their savings target over the period whilst earning interest on the saved amounts. 
  • The product is open to both individuals and to businesses.

 Features

  • Interest is earned on a minimum balance of US$100 for Individuals and USD$1000 for Corporates.
  • No maximum balance.
  • An ATM card will be issued on the USD savings account.
  • Only 1 withdrawal is allowed in every 2 months.
  • No monthly service fees if savings account is maintained within set criteria of 1 withdrawal in every 2 months
  •  Any subsequent withdrawal will attract normal transaction charges.

 Rates

  • Interest rates are quoted per annum and interest accrues on the minimum monthly balance and linked to market trends. Any changes on rates are applied to the accounts at the time of change.
  • Minimum balance for interest is US$100 for individuals and US$1000 for Corporates.
  • No maximum balance for interest considering this being savings.
  • Balances less than the minimum prescribed will attract a “below the minimum balance” fee of US$5 per month.

Junior Saver

Catch them young and teach them the value of saving for their future whilst you can with our FBC Junior Saver savings account. If parents have a minor under the age of 18, they can assist them to open and sign over the account. They can enjoy unlimited deposits to the account and 1 free withdrawal per month can be made. Absolutely foolproof. Come in for a solution that toasts to your child’s future!