EMERALD AND FIXED DEPOSITS

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What are Fixed Deposits?

An investment savings account with a defined rate for a certain period of time. PSCU’s fixed deposits usually runs for one (1) year. The rate and interest earned is fixed for the said period. To gain the full rate one must not brake the period of time stipulated, if this is broken only 3.5% interest would be earned.

 

 

What are the Requirements to Access a Fixed Deposit?

Ø    Approved membership

Ø    Minimum range from $25,000 and up (Emerald)

Ø    Minimum range from $1,000 and up (Ordinary Fixed Deposits)

 

 

Who Benefits from Fixed Deposits?

Any member who is interested in investment earnings.

 

 

What are the Benefits to the Member?

Ø    Fixed Deposits can be used as additional collateral for loans

Ø    Monthly draw-downs on interest generated

Ø    Free Embassy Letters

Ø    Processing fess waived

Ø    Defined cash flows i.e. knowing exactly what your getting

 

Rates Information on the Emerald Account.
$25,000 - $49,000 6.75%
$50,000 - $99,000 7%
over $100,000 7.5%

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HOMESHARESLOANSFIXED DEP | FIP | G.I.A.N.T | CONNECT ONESKILL DEVELOPMENTTRAVEL DESKPROMOTIONAL EVENTSEA AWARDS | CUMEDCONTACT US |