CIB>>Personal>>Accounts>>US Dollar Saving Schemes

US Dollar Saving Schemes

​​​​​​​​Earn an attractive rate now with CIB US Dollar 3 & 5 years certificates of deposit
​Enjoy a full range of saving schemes (Long, Medium & Short term) in US Dollar with CIB. CIB offers attractive interest rates through a wide range of saving products in USD with different tenors and various interest payment frequency to best suit your needs and meet your expectations. 

Features and Benefits:

Certificates of Deposit:
  • Attractive interest rate
  • Medium and long term depositary product with duration 3, 5 or 7 years
  • Fixed interest rates calculated and earned monthly, quarterly or annually
  • Redemption is allowed after six months of certificate issuance
  • Eligibility for secured facility reaches up to 90% of certificate value
  • Minimum purchase amount USD 1,000 and its multiples

Saving Account:
  • Attractive interest rate 
  • Various interest frequency payments:
    • Daily tiered interest: calculated on daily closing balance and credited daily
    • Monthly tiered interest: calculated on lowest monthly credit balance and credited monthly
    • Quarterly tiered interest: calculated on daily closing balance and credited quarterly
  • Minimum balance to open a saving account is USD 1,000 
Time Deposit:
  • Attractive interest rate
  • Available for individuals and corporate customers
  • Interest is deposited to any of the customers’ account 
  • Automatic renewal is optional according to customer’s request
  • Interest is earned at maturity starting from one week and up to one year
  • Overdraft facility reaches up to 95% of the deposit value

​​​​For more information, please call 19666 or visit your nearest CIB branch

Terms and Conditions Apply​