Time Deposit

When you agree to deposit money for a fixed period, the longer deposit period and larger deposit amount will bring you a higher interest rate. Our Time Deposit periods range from one week, one month, three months to six months.

There is a minimum deposit for setting up fixed deposit accounts. It helps you to save money by encouraging you to keep your money intact for a certain period. However, if in any case you need to withdraw money before the maturity date, you can always come to us and special arrangements could be made.

With Time Deposit, you can make most of the foreign currency investments and choose from a pool of 11 currencies:

• Macau Patacas (MOP)
• Hong Kong Dollar (HKD)
• Renminbi (RMB)
• Australian Dollar (AUD)
• Canadian Dollar (CAD)
• Euro (EUR)
• Japanese Yen (JPY)
• New Zealand Dollar (NZD)
• Pound Sterling (GBP)
• Swiss Franc (CHF)
• US Dollar (USD)

Interest is calculated from the date of the deposit until maturity, at the rate applicable when the deposit is first placed or renewed, and is paid when the deposit matures. Larger amount attract extra interest, so the more you deposit, the more you earn!

Furthermore, numerous renewal options are available when your time deposit matures. You can give your instructions at times of placing the deposit, or at any other time on or before the maturity date.

Other available facilities associated to your multi-currency account upon request are:

• BCM Net e-Banking Service
• TeleBCM Phone Banking Service