Ing Term Deposit
- Deposits are insured by PDIC up to P500,000 per depositor. Manila is supervised by the Bangko Sentral ng Pilipinas which you can contact by phone on (02) 8708-7087 and email.
- Term deposit rates are pretty low at the moment, but that doesn’t mean you can’t snap up a better rate for yourself. Savings has collated some of the highest term deposit rates available this month for a variety of term lengths. High short term deposit.
- Personal Term Deposits require a minimum opening deposit of $10,000. The interest rates that apply to Personal Term Deposits are the interest rates that are current on the date the term deposit is opened.
Yes, you can deposit any amount of money to your ING Orange Account. However, the advantageous interest rate and welcome interest rate of ING Orange Account is valid for balances up to 100,000 TL. If your balance exceeds 100,000 TL, the portion that exceeds this amount will earn interest at a lower interest rate. Citibank Term Deposit: Earn 0.75% on 3 or 6 month terms with a deposit of $10,000 or more In comparison, take a look at the 6-month term deposit rates offered by the Big Four: ANZ, CBA, NAB.
- Deposits
What is a term deposit?
A safe and guaranteed investment: you know, to the nearest penny, just how much you will have built up by the time your deposit matures.
A term deposit allows you to invest your money:
- for a predetermined period of time;
- at a predetermined fixed rate of interest;
- free of all charges (unless redeemed early).
A term deposit allows you to benefit from the best rates on the money market in return for being obliged to block your money for the term of the deposit.
Short Term Deposits
What term periods can I choose from for my term deposit?
You can choose the term period that best suits your needs. The term periods generally available are:
Ing Term Deposit Rates Smsf
- 1 month
- 2 months
- 3 months
- 6 months
- Or 12 months
Which currencies are available for my term deposit?
At ING Luxembourg, term deposits are available in nine currencies:
- Euro (EUR)
- Swiss franc (CHF)
- Pounds sterling (GBP)
- Danish krone (DKK)
- US dollar (USD)
- Canadian dollar (CAD)
- Australian dollar (AUD)
- New Zealand dollar (NZD)
- Japanese yen (JPY)
The interest on term deposits is fixed daily, based on the money market trends for the specific currency over the period of time concerned. The rates are also commensurate with the sum deposited. The resulting rate will be fixed for the full term of your deposit. The minimum deposit is 25,000 euros, or the equivalent value, to ensure that you get the most advantageous rate.
Interested in Term deposit?
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