Would you like to optimize your excess cash with a flexible and liquid investment? With Fransabank El Djazaïr’s Term Deposits, grow your capital with complete peace of mind. Whether you are an individual or a business, Fransabank El Djazaïr’s Term Deposits provide the flexibility to invest your money for a duration that suits you.
What is a term deposit (DAT)?
By opening a Term Deposit account, the client agrees to allocate a specific amount of money to the bank for an agreed period. In return, the client earns interest based on the duration and amount of the investment. Term Deposits can be made in DZD or foreign currencies.
Place your money and enjoy numerous benefits:
- Stability and Security: Both the principal and interest are guaranteed, in accordance with applicable regulations.
- Peace of Mind: Regardless of monetary market fluctuations, the final return is predetermined with an attractive fixed interest rate.
- Preferential Treatment: Interest rates can be negotiated based on the amount and duration of the deposit.
- Predictable Income: Plan your budget with the assurance of regular income payments.
- Accessibility: Withdraw your funds before maturity, subject to the contractual terms.
- Investment Opportunity: Businesses and professionals can use their Term Deposits as collateral for obtaining loans or overdrafts, subject to credit conditions.
- No Fees: Subscribing to a Term Deposit account incurs no fees—neither at subscription, maturity, nor during the contract’s duration.
