Volksbank Malta has just introduced the Accelerator account, a three-year fixed deposit offering a highly competitive guaranteed return with the advantage of a secure and guaranteed capital.

The bank said the account offers several advantages such as the fact that there is no need for large deposit sums to enjoy a better return.

Interest is calculated on the full amount deposited and capital will not be deducted while interest is not liable to capital gains tax and there is no risk to capital.

The customer has the option of 15 per cent tax to be deducted at source and the interest earned is guaranteed without speculation on return.

The bank has updated its webpage - www.volksbank.com.mt - with detailed information about the product and information.

The Accelerator account is a limited offer, which expires on June 30.

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