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  1. Small and Medium
  2. Corporate
Open an Account
PT EN
Go to homepage
I want to...
Open an Account

STANDARD TERM DEPOSIT

The financial solution that allows you to see your money grow, with all the convenience, speed and security

With a capital guarantee, it provides access to interest rates that suit the amount and term chosen.

Minimum initial deposit
Kz 75 000 / USD 1 000 / EUR 1 000

Terms

  • In Kwanzas: 30/90/180/365 days

  • In US Dollars / Euros: 7/15/30/60/90/180/360 days

  • Allows automatic renewals

Interest Rate

Interest is calculated daily on the principal invested and not withdrawn at each moment, based on a 365-day (AOA) or 360-day (USD and EUR) year.

Amount 90 Days 180 Days 270 Days 365 Days
Kz 75 000 - 1 000 000 6% 8% 9% 10%
Kz 1 000 001 - 10 000 000 6,5% 8,5% 9,5% 10,5%
kz 10 000 001 - 30 000 000 7% 9% 10% 11%
Kz 30 000 001 - 50 000 000 7,5% 9,5% 10,5% 11,5%
> kz 50 000 000 8% 10% 11% 12,5%

Amount (US Dollars) Rate Gross Annual Nominal Rate (GANR)
USD 1 000 30 days 0,25%
USD 1 000 60 days 0,35%
USD 1 000 90 days 0,50%
USD 1 000 180 days 0,75%
USD 1 000 360 days 1,00%



Amount (Euros) Term Gross Annual Nominal Rate (GANR)
EUR 1 000 30 days 0,01%
EUR 1 000 60 days 0,01%
EUR 1 000 90 days 0,01%
EUR 1 000 180 days 0,01%
EUR 1 000 270 days 0,01%
EUR 1 000 360 days 0,02%

Capitalization

Interest is credited to the current account and is not subject to capitalization

Conditions for transactions

  • Allows capital increases
  • Allows partial (minimum maintenance) or total early redemption, with the following penalties for early withdrawal:
  • Up to 50% of the term of the deposit - full interest penalty
  • Between 51% and 75% of the term of the deposit - 50% interest penalty
  • Between 76% and 100% of the term of the deposit - 25% interest penalty

Tax

Interest paid is subject to Capital Gains Tax at a 10% rate, through the withholding tax mechanism

Deposit Guarantee Fund

Applicable, up to a maximum ceiling of AOA 12,500,000.00 under the terms of Article 13(1) and 14 of Presidential Decree No. 195/18, of August 22.

Useful documents

Standard term deposit in Kwanzas Information sheet
0.07 mb
Standard term deposit in US Dollars Information sheet
0.07 mb
Standard term deposit in Euros Information sheet
0.07 mb

Have doubts? We'll answer them!