A Time Deposit is a product that guarantees natural persons as well as corporate, a fixed return over a determined period of time. This return is based on an annual fee which is established at the moment of placing the deposit, and will depend on the amount and the period of time in which the client decides to maintain the investment in the Bank. The term goes from thirty (30) days.
The interests’ generated (return) may be withdrawn (paid) in a monthly basis, bimonthly, every three months, every six months, annually or at maturity. Just as well, if the client considers it convenient, they can also be capitalized at maturity.
|30 days||90 days||180 days||270 days||365 days|
|From US$10,000.00 to US$499,999.99||3.75%||3.95%||3.95%||4.40%||4.40%|
|From US$500,000.00 to US$999,999.99||4.25%||4.35%||4.50%||4.75%||4.75%|
|From US$1,000,000.00 to US$1,999,999.99||4.35%||4.45%||4.75%||4.85%||4.85%|
|From US$2,000,000.00 and above||4.45%||5.05%||5.30%||5.45%||5.60%|
Effective date: October 2, 2023
Last update: October, 2023
Swift code: BPDOPAPA
Aquilino de la Guardia Ave. 47E St.
Banco General Tower Floor # 20
P.O. Box 0816-00265
Panamá, Rep. of Panamá
Telephone System: (507)297-4100
Republic of Panamá