An highly attractive product for many of our clients, the Flex CD^SM features many of the same characteristics of the Fixed CD^SM, with added flexibility. Customers will be granted a guaranteed overdraft on their current account for up to 25% of the available balance in the deposit at an attractive rate.  This product is only available for residents of the Republic of Panama.

DETAILS

Flex CD^SM (fixed-rate term deposit) 3, 6, 12, 18, 24, 36, 48 and 60 months.

Most international currencies.

None allowed.  Clients are granted with a guaranteed revolving overdraft on their current account for up to 25% of the available balance on the deposit at an attractive interest rate.

Allowed only for deposits with terms of 1 year or more (minimum deposit required of US$5,000.00).

Attractive CD rates with added level of flexibility. If rates decrease, clients are guaranteed the initial rate until maturity. Interests are compounded daily and are credited at the end of the month. Automatic rollover.