Banif’s Christmas Term Deposit

Banif Bank’s Christmas Term Deposit this year is offering a rate of 4.5 per cent gross per annum paid quarterly for a 45-month term. Both the capital and the interest are guaranteed. Banif is also catering for clients who are interested in medium- or short-term deposit account solutions which also pay very advantageous interest rates.

Clients opening euro-denominated Christmas Term Deposit accounts can opt to choose between accounts that pay interest monthly, quarterly or at maturity. Other Term Deposit account solutions, denominated in pound sterling, US dollar and Australian dollar, are also available.

Banif’s Christmas Term Deposit, which is valid until December 31, requires a minimum deposit amount of €2,500 and is subject to certain terms and conditions.