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Features
30 days, 90 days or 180 days.
Minimum opening amount: 5,000.00 MT / 1,000.00 USD.
Term deposit will be renewed for an identical term, at the applicable interest rate on the renewal date, published in the Bank's Schedule of Charges.
This term deposit does not allow Top-up deposits.
Total or partial Early Withdrawal is allowed at any time during the period of the Term Deposit, subject to penalty of the interest due.
Interest will be paid at the end of each accrual period, in arrears, upon capital incorporation or credited in the associated current account, under the terms indicated in the “Interest System”.
Interest credit in the current account is optional, depending on the holder's declaration, up to the date of Term Deposit set up, or thereafter, where the interest credit in the current account will only be applicable to subsequent interest periods.
How to Apply
Access Internet Banking and from the main menu select the options:
- Term Deposits > New;
- Select the Current Account;
- Select the desired maturity;
- Indicate the amount;
- Define the Interest System.
- Click “Create” and confirm your application.
Access Conditions
Millennium bim Private Customers, holders of MZN or USD Current Accounts and Internet Banking members.
Interest rate
Principal Guarantee
Guarantee of full amount deposited at maturity or in case of Early Withdrawal.
Standard Information Sheet 