A fixed deposit account or term deposit is a type of a saving in which the account holds a specific amount of money for a duration of up to one year renewable at a pre agreed interest rate with the bank. The account owner is not expected to make drawings during the duration of the contract until maturity date otherwise they could lose their interest. At the expiry or maturity of the contract the customer can re-invest the monies, increase and re-invest or draw their funds inclusive of the interest.

 

Features & Benefits

  • Preferential interest rates depending on duration and amount.
  • Maturity duration of as few as 7 days to a year or more.
  • No application fees.
  • The fixed deposit can be used as collateral for a loan

Requirements

  •  Minimum amount for fixed deposit Rwf 50,000.
  • Notarized documentation done by your Embassy, Notary Public, current banker.

Equity Price List

23-02-2018 CLOSING HIGH LOW
BOK 295 295 295
BRL 145 145 145
NMG 1200 --- ---
KCB 340 --- ---
USL 104 --- ---
EQTY 350 --- ---
CTL 60 60 60

View More Details

Exchange Rates

23-02-2018  BUYING  SELLING
USD 855.0000 866.7000
EUR

1030.0000

1080.0000
GBP 1165.0000 1225.0000

View More Details

Contact Us

BK SWIFT CODE : BKIGRWRW

KN4 Ave No12 Plot No 790
P.O. Box 175, Kigali, Rwanda

Find a branch near you

Call Center

Local: Phone 4455 

International: Phone+250-788143000

email bk@bk.rwThis email address is being protected from spambots. You need JavaScript enabled to view it. , Send us a message
web www.bk.rw

Subscribe to Weekly Market Update