ATLANTICO Term Deposit
ATLANTICO TERM DEPOSIT
MULTIPLY YOUR MONEY AT THE HIGHEST RATE!
For you who values the creation of a complementary financial flow to your income, in a convenient, fast and safe way, we present ATLANTICO's Term Deposit.
A 365-day financial investment, with an increasing rate up to 18% (TANB)*, with a minimum deposit of AOA 100,000.00
ATLANTICO Term Deposit includes:
Exclusivity to new resources
Minimum set-up amount AOA 100 000.00
.
Increasing rates with quarterly interest payments
Guaranteed profitability, with 100% of the capital invested
Terms
-
Gross Annual Nominal Rate* (TANB) up to 18% at 365
-
No renewal allowed
Interest Rate
Interest is calculated daily on the principal invested and not withdrawn at each moment, based on a 365-day year
*TANB: Gross Annual Nominal Rate
Amount | 1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter |
---|---|---|---|---|
9.50% |
Capitalization
Interest is credited to the current account and is not subject to capitalization.
Conditions for transactions
- Minimum subscription amount of AOA 100,000.00;
- Allows top-ups with new resources;
- No renewals allowed;
- No early, partial or total redemption allowed;
- Full interest penalty;
- Capital repaid at the end of each quarter, in arrears, by crediting the associated current account.
Tax
Interest paid is subject to Capital Gains Tax at a 10% rate, through the withholding tax mechanism.
Deposit Guarantee Fund
Applicable, up to a maximum ceiling of AOA 12,500,000.00 under the terms of Article 13(1) and 14 of Presidential Decree No. 195/18, of August 22.
Guaranteed Capital
Capital repaid at the end of the subscribed period, in arrears, by crediting the associated Current Account.
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