FEATURES

• The Domiciliary Certificate of Deposit will be available in USD, GBP and EUR
• Offers investment options of 180days and 365days, interest is paid at the maturity of the investment in the same currency of the investment.

Interest Rates are;

• The minimum investment allowed is $20,000 or its equivalent in GBP and EUR.
• Premature liquidation is totally discouraged. Customer can however liquidate investment but would forfeit all accumulated interest above 0.5% i.e.
• Personalized service to the holders of the FCMB Domiciliary Certificate of Deposit would be provided by the Premium Banking Service Team
• The note can be used as security for Naira denominated loans only. (However this is subject to the bank’s credit policy).
• FX Cash deposits across the counter are not allowed for this investment