Time Deposit Account

Fixed Deposit, Term Deposits

-Rates are based on the latest money market rates
-Rates fixed for the term of the deposit, rates available change daily
-Minimum deposit of £10,000 or currency equivalent
-Available in selected foreign currencies
-To open an account you must have a Citi current or savings account in the same currency as your Time Deposit - funds will be transferred from this account to open your Time Deposit, and returned at maturity1
-Early closure will lead to a charge2
-Please ensure you have read the General and Time Deposit Account Specific Terms and Conditions before making your application

DPS

£10,000

1. The Time Deposit is subject to availability. Offer may be withdrawn by Citi at any time. We reserve the right to refuse any application to open a Time Deposit. The Time Deposit is for a 12 or 24 month term. Deposits for the Time Deposit must be made by funds transfer from your nominated Citi savings or current account (excluding Fixed Rate Bond and Time Deposit accounts). The Time Deposit is provided by Citibank International plc. Interest is calculated on a 365 or 360 day basis appropriate to the currency. Interest will accrue daily and will be credited only at maturity. Please refer to the account terms and conditions for full details.

2. If you break your Time Deposit before it has reached maturity you will be charged a breakage fee. This fee will be equivalent to 120 days' interest for terms over 6 months and 60 days for terms of 6 months or less.