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:
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Security
With Term Deposits, your initial investment (principal) is protected.
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Predictable Returns
Competitive returns without sacrificing security.
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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.
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Higher Returns
Enjoy the potential for higher interest rates when you save for the longer term.
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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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Cashable
- Access to your savings anytime (after 31 days)
- Competitive rate of interest
- One year term available
- Available in multiple currencies