A highly attractive product for many of our clients, the Flex CD^SM International features many of the same features of the Fixed CD^SM, with added flexibility. With a five working days' notice, depositors can make up to four withdrawals per year of up to 25 percent of the invested principal amount. Increments of at least US$5,000 each may be performed at any time during the term of the CD.  This products is only available to non-residents of the Republic of Panama

DETAILS

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

Most international currencies.

Up to 25% of the principal with 5 working days' notice, with a maximum of 4 withdrawals per calendar year. Interest may be withdrawn at any time.

Allowed (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. Interest is compounded daily. Automatic rollover.