Term Deposits
There’s a term deposit that’s right for your business
A Term Deposit is low risk and offers a competitive rate of interest with the added security of a guaranteed return. With a variety of options to choose from, you can find the Term Deposit that suits your business' needs.
With Scotiabank Term Deposits you enjoy:
Security
With Term Deposits, your initial investment (principal) is protected.
Predictable Returns
Competitive returns without sacrificing security.
Liquidity
With our range of other term deposit products, you'll have the liquidity you need. Terms can be as short as 31 days or up to 5 years.
Higher Returns
Enjoy the potential for higher interest rates when you save for the longer term.
Fixed Term Deposit
- Highest available guaranteed rate of interest
- Interest payment annually or at maturity for terms 2 years
- Available in multiple currencies - USD, JMD
- Available terms from 31 days to five years
Cashable
- Access to your savings anytime (after 31 days)
- Competitive rate of interest
- One year term available
- Available in multiple currencies