TIME DEPOSIT ACCOUNT IN FOREIGN CURRENCY	Back
Print Account opening forms. After filling in the forms please present them physically at your nearest CRDB Branch.
This is a specific time duration account that bears attractive interest, has flexible maturity time periods at the end of which can be renewed. It is denominated in foreign currency such as US Dollar or in Pound Sterling. Opening balance is equivalent to US $ 5,000. BENEFITS · While your company's invested funds are secured to guarantee a high return income, their denomination in foreign currency also protects them from exchange risk. · The flexible maturity periods give your company control of future consumption patterns while ensuring income growth and funds security. · When your company is in need of a loan, the deposit certificate is as a good a collateral as you can get for the funds requested. · Our automatic renewal facility evens out breaks in income growth once the deposit's maturity falls due. Your income growth is smooth and assured. A BRIEF PROCEDURE TO OPEN OUR FOREIGN CURRENCY TIME DEPOSIT ACCOUNT You only need to pay-in the principal sum in cash or bankers' order to open the account. The only identification you need present is the fixed deposit certificate that will be issued to you on opening the account.
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