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Local Unbreakable Term Deposits
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Foreign Currency Certificates of Deposit Foreign Currency “A” Account Certificates of Deposit
Local Certificates of Deposits (CD) Foreign Currency Certificates of Deposit Foreign Currency Premium Earner Term Deposit Account Foreign Currency Savings Account
Sagicor Bank Legacy Sagicor Bank

A fixed term deposit instrument that allows you to earn higher rates than those offered on savings accounts.

  • Initial deposit: JMD 100,000
  • Minimum balance: JMD 100,000
  • The deposit must be held for a minimum of 366 days and cannot be broken during the term of the deposit. Interest is paid at the end of the period.
  • Interest is calculated daily and is paid at maturity.
  • The interest rate that is applicable on the term deposit is relevant during the life of the deposit – it will not be adjusted if term rates change. If, at maturity, the customer wishes to reinvest the funds, they would be reinvested at the new rate.
  • At maturity, principal and interest are rolled automatically, unless the customer specifies instructions.
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