Accounts
High Growth Account
Account holder can enjoy a lump sum of savings for a better secure future, with higher interest rates for a fixed 24-month term.
Single Currency
Available in USD only.
Maximum Return
Enjoy highest interest rates with a minimum term of 24 months.
No Withdrawal or Replenishments
Partial withdrawals not allowed, and new deposits require a new account.
Rollover Interest
Choose to roll over just principal or both principal and interest for another term, to efficiently accumulate your funds.
High Growth
Conditions
Conditions
| USD | |
|---|---|
| Minimum Initial Deposit | 5,000 |
| Maximum Balance | 5,000,000 |
| Interest Rate | Refer to interest rate table |
| Interest Payments | Monthly, at maturity or at closure |
| Rollover | Principal only |
| Principal and interest | |
| Close on maturity | |
| Withdrawal | Not allowed for partial withdrawal |
| Replenishments | New account for new deposits |
Note: 11All terms and conditions are subject to change to ICD Bank, Sole discretion in changing without prior notice.
High Growth
Requirements
Requirements
For Locals
- Be at least 18 years of age (minors can open accounts with consent of parents)
- Valid National ID
- Original Family Book
For Foreigners
- Be at least 18 years of age
- Valid Passport with Visa stamp
- Proof of Residence
- Proof of Employment