The fixed deposit enables you to take advantage of the interest accrued on the deposited amount. The customer gets the interest according to the specified time period and may choose to have the interest paid directly into the bank account or reinvest it with the original deposit capital.
Features of the fixed deposit account:
Higher yields and a fixed interest rate that does not change over the chosen period.
Flexibility in choosing several term options up to 1 year.
Ability to increase the amount of the deposit at any time.
Linked to current account for overdraft protection.
An account that enables the customer to withdraw and deposit, without incurring withdrawal fines and gives the customer a monthly credit interest calculated daily in exchange for keeping a minimum account balance of 25,000.00 Jordan dinars and is not entitled the customer issues cheque books under this type of account.