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  1. For You
  2. Prestige
  3. Private
Open an Account
PT EN
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I want to...
Open an Account

VALOR CRESCENTE TERM DEPOSIT

Term deposit in Kwanzas and USD dollars.

The Valor Crescente Term Deposit offers:

Increasing rates and quarterly interest payments

Guaranteed profitability by long terms

Allows for multiple investments

Kz 100 000 / USD 1000
Minimum initial deposit/Maintenance deposit

Terms

  • 365 days for investments in Kwanzas / 360 days for investments in US Dollars

  • No renewals allowed

Interest Rate

Interest is calculated daily on the invested and uncalled capital at each moment, based on a year of 365 days (for applications in kwanzas) or 360 days (for applications in dollars)

AOA 100 000 9.00% 14.00% 20.00% USD 1 000 0.25% 1.00%
Minimum initial deposit 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
10.50%
0.500% 0.75%

Capitalization

Interest is credited quarterly to the current account and is not subject to capitalization

Conditions for transactions

  • No capital increases allowed
  • Allows partial or total early redemption, with a 100% penalty on the interest of the current period

Tax

Interest paid is subject to Capital Gains Tax at a 10% rate, through the withholding tax mechanism

Guarantee

Guaranteed capital of the total amount deposited at maturity and in case of early withdrawal

Useful documents

Valor Crescente Term Deposit in Kwanzas information sheet
0.07 mb
Valor Crescente Term Deposit in US Dollars information sheet
0.55 mb

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