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.

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

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  • Access to your savings anytime (after 31 days)
  • Competitive rate of interest
  • One year term available
  • Available in multiple currencies

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