A fixed deposit account or term deposit is a type of a saving in which the account holds a specific amount of money for a specified duration i.e. 1 month, 2 months or longer at a pre- agreed interest rate with the bank. The account owner is not expected to make drawings during the duration of the contract (unless it is a call account) until maturity date otherwise they could lose their interest. At the expiry or maturity of the contract the customer can re-invest the monies; increase and re-invest or draw their funds inclusive of the interest. A call account can be liquidated at a short notice to the bank.



  • Preferential interest rates depending on duration and amount

  • Maturity duration of as few as 7 days to a year or more

  • No application fees

  • The fixed deposit can be used as collateral  for a loan



  • Instructions to transfer funds from  source account

  • Minimum placing of Rwf 30,000


  Download Application for Opening/ Modifying/ Closing Account 

  Download Application for Opening Account for Diaspora Clients

Equity Price List

BOK 290 290 290
BRL 150 150 150
NMG 1200 --- ---
KCB 340 --- ---
USL 104 --- ---
EQTY 350 --- ---
CTL 54 54 54

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Exchange Rates

25-05-2018  BUYING  SELLING
USD 861.0000 874.0000


GBP 1135.0000 1195.0000

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Contact Us


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P.O. Box 175, Kigali, Rwanda

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International: Phone+250-788143000

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