Launch date: 3 Nov 03.

This product offers long term FCY deposits at very competitive rates in USD, EUR and GBP for periods of 24/ 37/48 or 60 months.

• What is the minimum amount required for deposits in USD/GBP/EUR?
5000 units in any of these currencies

• How is my interest paid?
Interest is repriced quarterly and will be capitalized to be paid at maturity and can be credited into either an MUR or FCY a/c.

• What do I do if I need the money prior to the maturity date?
a) Encashment of deposit prior to maturity is at the discretion of the bank.
b) Interest may be forfeited if funds are withdrawn within 3 months of date of deposit.
c) Interest payable at 1% below applicable rate for past period or savings rate whichever is lower + breakage cost as applicable, at the discretion of the Bank