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 Fairbairn Private Bank 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
The Fairbairn Private Bank fixed term deposit accounts pay a
competitive rate of interest. Please click
here for indicative interest rates.