Term Deposits

Current Account holders may open a term deposit in USD, EUR or GBP with Griffon Bank.

Deposit orders are accepted through the Internet Bank, and are fulfilled on the banking day following their receipt. Interest accrues from the day of the deposit account credit entry. At maturity, interest earned will be credited to the Client's Current Account. On the day following maturity and in the absence of client's instructions to terminate the deposit, Griffon Bank will automatically renew the deposit for the same maturity as of the original deposit.

Please do not hesitate to inquiry us if you wish to deposit other currency than USD, EUR or GBP, and we will offer you a customized product to suit your needs.

Interest Rates of Term Deposits

Minimum Amount Maturity Interest rate % p.a. USD Interest rate % p.a. EUR Interest rate % p.a. GBP
10,000 12 months 4.25 4.25 3.65
50,000 12 months 4.50 4.50 3.70
100,000 12 months 4.75 4.75 3.75
10,000 24 months 4.50 4.50 3.70
50,000 24 months 4.75 4.75 3.75
100,000 24 months 5.00 5.00 3.80