Certificates of Deposit

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Certificates of Deposit

The wise investment instrument

This account is designed for investors who are willing to leave their funds untouched for a fixed period while earning interest.

CDs are designed for individuals,non commercial and commercial customers for a specific period to earn interest.

Convenient term options: Individuals and Non-Commercial - 3 months, 6 months, 12 months and 24 months

Commercial - 6 months, 12 months, 24 months and 36 months

Individuals and Non-Commercial Customers (e.g., NGO, etc.)

TERM $1,000-$99,999 $100,000-$999,999 $1 Million and over
3 months 0.50% 0.50% 0.50%
6 months 0.50% 0.50% 0.50%
12 months 0.50% 0.50% 0.50%
24 months 0.50% 0.50% 0.50%

Commercial Customers (Corporate and Commercial Accounts)

TERM $1,000-$99999 $100,000-$999,999 $1 Million and over
3 months 0.10% 0.10% 0.10%
6 months 0.10% 0.10% 0.10%
12 months 0.10% 0.10% 0.10%
24 months 0.10% 0.10% 0.10%
What you will need

Before visiting our branches, ensure you have the following documents:

New to Republic Bank?

One (1) form of Identification e.g. Passport and Driver’s Licence or NIS Card/Resident Card
Proof of address e.g. utility bill
Proof of income e.g. Job letter, copy of contract, pay slip
Reference Letter (in some cases)
The required amount to open the account

Existing Republic Bank customer

One (1) form of Identification
The required amount to open the account
Proof of address e.g. utility bill (in some cases)
Proof of income e.g. Job letter, copy of contract, pay slip

If you are a non-resident customer, other documents will be required. Kindly liaise with your preferred branch on 444-2265 for more details.

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