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BBAC Term Deposit Account
The Term Deposit Account from BBAC is the ideal solution for savers who are looking to invest their surplus capital in a secure investment with guaranteed high returns.
WHAT DO YOU NEED TO KNOW ABOUT THE TERM DEPOSIT ACCOUNT?
-It is an account into which a certain amount of capital is deposited and locked for a specified term or maturity date at a fixed interest rate
-The account allows the withdrawal of capital, along with the accumulated interest, at the end of the maturity date
-Interest rates vary according to the amount and the term of the deposited capital
-The account is automatically renewable after the maturity date, unless instructed otherwise
-The account is available in Lebanese Pounds, US Dollars and other major currencies
WHAT BENEFITS DOES THE ACCOUNT OFFER?
-A higher interest rate than a regular savings account
-A fixed interest rate for the term of the investment that guarantee a certain return
-A variety of terms and maturity options, starting from one month and up to more than one year
-Online Banking for a convenient access to the account around the clock
WHAT IS THE NEXT STEP?
Visit any of the BBAC branches, where the customer service representatives are ready to provide assistance.