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We
currently offer three types of deposits:
- Term deposit account
with interest payable at maturity
-
Term deposit 'Rentier'
- Savings deposit account
where you may add money to
deposit account
- Term deposit 'Rentier' account is an
account opened for a specified period of time. You may choose any deposit
period from 3 months up to 36 months, and the Bank will pay you
on a monthly basis
the best interest rate possible.
Rates are fixed and will not be changed after deposit account is opened. Interest is
given on an annual basis and calculated as a simple interest for the period.
The deposit amount will be returned on your current account the day following
the maturity date.
Note: If the deposit is terminated by the client before
maturity date, the interest that has been paid out on a monthly
basis will be deducted from the deposit amount and the balance returned to the client within
a week after termination.
| | 3 months | 6 months | 12 months | 24 months | 36 month |
| Rentier Deposit (US Dollars) | | | | | |
| 1,000.00 | 2 | 3 | 4.25 | 5 | 5 |
| 100,000.00 | 2.5 | 3.75 | 5.25 | 6 | 6 |
| 1,000,000.00 | 3 | 4.25 | 5.75 | 6.25 | 6.25 |
| Rentier Deposit (Euro) | | | | | |
| 1,000.00 | 0.5 | 1 | 1.5 | N/A | N/A |
| 100,000.00 | 1 | 1.5 | 2 | N/A | N/A |
| 1,000,000.00 | 1.25 | 1.75 | 2.25 | N/A | N/A |
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You may apply for a loan at Barrington Bank using funds
on deposit accounts as collateral.
To
obtain the full picture of all deposit rates please
click here.
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