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

11-12-17 CLOSING HIGH LOW
BOK 295 295 295
BRL 150 150 150
NMG 1200 --- ---
KCB 340 --- ---
USL 104 --- ---
EQTY 350 --- ---
CTL 67 67 67

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Exchange Rates

11-12-17  BUYING  SELLING
USD 845.5000 861.0000
EUR

965.0000

1050.0000
GBP 1115.0000 1180.0000

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Contact Us

BK SWIFT CODE : BKIGRWRW

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

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Call Center

Local: Phone 4455 

International: Phone+250-788143000

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