Fixed deposit account

You must have a CreditBank PNG Business Transaction account and deposit a minimum of K5,000 into the account.

Yes.

With a Term deposit you can only access your initial deposit, plus the interest, at the end of the specified term for the account. 

A  Fixed deposit account gives you the option to receive your interest income at selected intervals such quarterly or half yearly or annually. 

Please see Rate schedule.

Interest is accrued daily and paid out at your preferred options quarterly or half yearly or annually.

Yes.

Dependent on the Instruction Notice you can:

• Receive the full payout to the nominated account.

Yes, however a penalty fee is charged. 

• Log into  your Business Online banking, Click on Deposits
• Open New Account and Select Product Type “ Fixed deposit account”
• Minimum deposit of K5,000

Please Click Here to see fees