Certificates of Deposit

The wise investment instrument

This account is designed for investors who are willing to leave their funds untouched for a fixed period while earning high interest.

CDs are designed for investors who wish to fix investments for a specific period to achieve better yields through competitive interest rates.  These are available in Guyana Dollars in convenient term options of – 3 months, 6 months and 12 months.


Convenient term options – 3 months, 6 months and 12 months

Term

Interest Rate

3 months

0.60%

6 months

0.85%

12 months

1.00%

What you will need

Before visiting our branches, ensure you have the following documents:

New to Republic Bank?

Two (2) forms of Identification (ID card, valid Driver's License or valid Passport)n
Be enrolled in a course/programme that runs for more than one (1) year
Proof of Address - issued within the last 6-8 months
Proof of Income /Job Letter - issued within the last 6-8 months (where applicable)
TIN Certificate where applicable
The required amount to open the account (GY$5,000)

For non-nationals
In addition to the above, either of the following items must be presented to establish this account:

A Banker's reference
Statement from the Credit Bureau


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