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RBMV Bank - Special Savings & Time Deposit Accounts
SPECIAL SAVINGS & TIME DEPOSITS
1. We aim to pay a fixed 1% interest daily for any amount locked at the customer's request in a special savings account for a minimum period of six months and up to one year. Earnings are paid monthly by bank transfer. Customers may withdraw their earnings or keep it in their special savings account. Note: Earnings will not be reinvested unless agreed by both parts. The bank will only work with the original capital invested, which will be returned to the customer after maturity (the six months period).
2. Premature withdrawal of the capital deposited is subject to conditions. You may earn less or no interest if you withdraw your fixed deposit before maturity. An early withdrawal fee may also be imposed.
3. Conversion between currencies involves exchange rates which are subject to fluctuations. If you have used funds in another currency to place the Foreign Currency Fixed Deposit, you may receive an amount less than your original amount of such funds upon conversion of your Foreign Currency Fixed Deposit back to that other currency. In addition, you may be subject to foreign exchange controls which may be imposed from time to time.
2. Premature withdrawal of the capital deposited is subject to conditions. You may earn less or no interest if you withdraw your fixed deposit before maturity. An early withdrawal fee may also be imposed.
3. Conversion between currencies involves exchange rates which are subject to fluctuations. If you have used funds in another currency to place the Foreign Currency Fixed Deposit, you may receive an amount less than your original amount of such funds upon conversion of your Foreign Currency Fixed Deposit back to that other currency. In addition, you may be subject to foreign exchange controls which may be imposed from time to time.
| WHEN YOU SUBMIT THE APPLICATION FORM, YOU HAVE AGREED TO THE - : RBMV Bank Agreement and General Terms and Conditions |
If your RBMV Bank account was opened recently, your funds will be processed and deposited in as soon as one to three business days.
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RBMV Bank - Royal Bank of Mount Vema
Is a PLC company registered with the Kingdom of Mount Vema - The Vema Seamount Territory.
City of Mount Vema - Registered (Off-Plan) Address:
142 Westland Road, Maryland
Postal Code: 3284A
Mount Vema
Registration number 17010004, VAT number KMVC00-000-004
Is a PLC company registered with the Kingdom of Mount Vema - The Vema Seamount Territory.
City of Mount Vema - Registered (Off-Plan) Address:
142 Westland Road, Maryland
Postal Code: 3284A
Mount Vema
Registration number 17010004, VAT number KMVC00-000-004
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