barclays bank uganda fixed deposit account

Partial withdrawals can be made on both notice accounts … Customer deposits are protected by the Deposit Protection Fund of Uganda. Features & Benefits. Simple or cumulative interest payment – Interest can either be credited on a quarterly basis to your Savings account or be re-invested into your Term Deposit account till maturity. Barclays bank term deposit can be opened with a minimum amount applicable. Sitemap | Absa Bank Uganda Limited, company registration number 4227. Quick Links. “I did not know how Nile Bank … You can open a Barclays Term Deposit with a minimum of Rs. A minimum deposit is required. Customer deposits are protected by the Deposit Protection Fund of Uganda. Box 7101, Plot 2/4, Hannington Road Kampala Uganda. The minimum deposit in foreign currency is USD5,000 or the equivalent. Find contact details for our operations in different regions (Europe, Asia Pacific, Americas, Africa and Middle East) and Group. 10,00,000. You need a minimum deposit of Rs100,000. Absa Bank Uganda Limited is regulated by the Bank of Uganda. Box 2971, Kampala, Uganda. In fact, according to the current trends, most of the banks are offering FD interest rates for non-senior citizen depositors in the range of 3%-5.4% p.a. About Barclays Bank Fixed Deposit. The depositor can obtain interest credited on a quarterly basis on their Savings account or re-invest in their Term Deposit account till maturity. Barclays Online Banking offers high yield savings accounts and CDs with no minimum balance to open. Registered Office: Plot 16 Kampala Road, P.O. The bank’s corporate communications manager, Peter Mwaura, said the deposit rate would only apply to fixed term deposits although there seemed to be confusion among the bank’s staff. 100 days after you have given notice the funds will be credited to your Funding Account. They can be contacted by telephone: +256 417 122000/+256 417 Learn more. Please check the latest applicable interest rate. Current accounts; Barclays Bank Account; Premier Current Accounts ... if you find yourself in financial difficulties as a result of coronavirus so if you need access to your money from your fixed-term deposits, we might be able to help. This account can be used to secure a loan or other banking facility. Mr Mukasa says he owned an account in Nile Bank but this was bought off by Barclays Bank in 2007 and in present day, it is called Absa bank. You may apply for this account along with another applicant. As it is a long-term investment, you will not receive a debit card, so your money will grow at the guaranteed rate. Please check the latest applicable interest rate. Fixed Deposit Account Guaranteed returns through minimum risks View All Yield Enhancing ... Standard Chartered Bank is Regulated by Bank of Uganda. The range of products that are available includes current accounts, savings accounts, foreign currency accounts, fixed term deposits, and loans. To open a fixed deposit account, you are required to have a current or savings account with us. Their head office address is: Barclays Bank of Uganda Ltd, P.O. 100 day Notice Deposit Account - This is a notice product that requires you to give 100 days notice of your intention to withdraw funds. ; Auto renewal# of Term Deposit on maturity; Tax Deducted at Source (TDS) Sweep-in facility and sweep out facility is also available on term deposit. Account along with another applicant a long-term investment, you will not receive a debit,... Bank is regulated by the Bank of Uganda facility is also available on Deposit! Account along with another applicant Plot 2/4, Hannington Road Kampala Uganda a... Products that are available includes current accounts, foreign currency accounts, foreign currency is USD5,000 or the.... Sitemap | Absa Bank Uganda Limited, company registration number 4227 available on term Deposit with minimum... 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