Term Deposits
Term Deposits are recommended for customers who require a long term, high yielding deposit. Belize Bank Term Deposits combine the security of a savings account with higher interest rates associated with an investment.
| Rates for Personal Term Deposits | |||
| Term | Term Days | Interest Rate | Early Redemption Rate |
| 3 months | 90-179 Days | 0.00% | 0.00% |
| 6 months | 180-364 Days | 0.60% | 0.45% |
| 1 year | 365-729 Days | 2.00% | 1.50% |
| 2 years | 730-1094 Days | 2.10% | 1.57% |
| 3 years | 1095-1459 Days | 2.20% | 1.65% |
| 4 years | 1460-1824 Days | 2.30% | 1.72% |
| 5 years | 1825-9999 Days | 2.55% | 1.91% |
These are indicative rates, effective November 1st, 2018. Rates can vary significantly for substantial deposits. Minimum deposit is BZ$5,000.00
Features:
- Method of interest payment is determined by you (i.e. deposit to savings/chequing account, interest rollover, etc.)
- Certificate of Records defining terms and conditions agreed upon
- If for any reason you miss your maturity date, we will automatically compound your interest and renew the deposit under the same terms and conditions as the original agreement
Benefits:
- High, flexible interest rates
- Risk free way to make money
- Guaranteed returns
- Interest is paid upon maturity of deposit
- Automatic deposit renewals available