Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However, the money deposited to such account cannot be withdrawn for a specified period of time (term).

Benefits

• Enjoy our best interest rates
• Benefit from interest rates that track the market.
• Choose from a range of 19 global currencies
• Save in a currency of your choice, that best meets your needs.
• Save for a fixed term between 1 month and 12 months
• Enjoy the flexibility of saving for a period of time that you choose.
• Hassle free reinvestment
• At the end of the term, your deposit will be automatically renewed for the same period, unless you tell us otherwise.

Interest rates

Compare our range of savings accounts for expats by using ourtool interest tools. Filter and sort to see interest rates in your chosen currency.

Choose from the following currencies

Currency code	Currency
AED	UAE dirham
AUD	Australian dollar
CAD	Canadian dollar
CHF	Swiss franc
CNY	Chinese renminbi
DKK	Danish krone
HKD	Hong Kong dollar
HUF	Hungarian forint
JPY	Japanese yen
NOK	Norwegian krone
NZD	New Zealand dollar
PLN	Polish zloty
SEK	Swedish krona
SGD	Singapore dollar
THB	Thai baht
ZAR	South African rand

Additional information

Interest is calculated daily and paid at maturity At the end of the term, your deposit will be automatically renewed for the same period, unless you tell us otherwise Charges apply if you make a withdrawal prior to the maturity of your Fixed Term Deposit1

Eligibility

If you’re new to VERGE BANK, you’ll need to hold a minimum USD 50,000 or currency equivalent in deposits or investments with us or have a sole minimum salary of USD 100,000 or currency equivalent.

You'll need to maintain a minimum balance of USD 5,000, USD 5,000, EUR 10,000 or USD 10,000 currency equivalent for other currencies.