Fairbairn logo - go to homepage
| Home | | On-Line Demo | Which Services? | Links | FAQ's |
Search
 GO

Fixed term deposits

Fixed term deposit accounts offer the ability to set a rate of interest for a defined period. They can be one of the lowest risk, yet most useful elements of a well-structured portfolio.
 
At any time during its term, you know exactly how much interest you are earning and when your capital will be repaid.

Account operation

Fixed term deposit accounts can normally be arranged for any period, from one month to one year, with interest paid at the end of the term. Deposits longer than this term may be made by arrangement.
 
Upon maturity we will reinvest your monies for a similar period, on terms available at that time. Alternatively, upon request, we will repay the funds to your Fairbairn Private Bank Reserve Account or Focus account in the currency of your choice.

A choice of currencies

Fixed term deposit accounts can be opened in any major currency to match or complement your Reserve account or Focus service, including sterling, US dollars and euro. The minimum opening deposit is dependent upon the currency of the account. For the leading world currencies it is £50,000, €75,000 or US$75,000.

Competitive interest rates

A competitive rate of interest for the term of the account is calculated daily and credited upon maturity. Indicative interest rates are available to view online. For Isle of Man and Jeresy office accountholders only: all interest is credited gross without the deduction of any income tax.