|
The interest growth certificate is a non-negotiable term investment available only in dollars that can be for either 18 or 36 months.
This investment is for customers who need medium- to long-term options.
The certificate has three sub-terms, where the customer acquires the interest rates for each period (or sub-term) so it becomes a certificate with interest that can be compounded.
The interest rates vary in relation to the investment amount.
- Attractive interest rates
- Issue available in the name of private individuals or companies
- In the name of one or several depositors
Two term options:
- 18 months: There are three sub-terms of six months each with an interest rate that was stipulated originally so the interest is compounded every six months.
- 36 months: There are three sub-terms of one year each with the respective interest rates.
- The interest growth certificate involves sub-terms that guarantee the interest rate for each sub-term for the customer.
Since this is a non-negotiable instrument, if it is lost, nobody can cash it.
Only the people who have been authorized have access to the funds.
For more information call 800-1-SCOTIA (726842) or visit us at any of our branches!
|
