Business Banking

Business Fixed Term Deposit Accounts

An Ancoria Bank Fixed Term Deposit Account is a great way for your business to save for the long-term and earn higher returns at the same time. The longer your company’s funds are deposited in the Fixed Term Deposit Account, the greater the potential for higher returns.

Here’s how it works:

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Open a Fixed Term Deposit Account with a minimum of €500

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The return depends on the term of the deposit, so choose what suits best for you and your business

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 Interest is paid at the end of your chosen period

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At maturity, you will have the choice of renewing the deposit with a new interest rate, or transferring your money to your current account for instant access*.

*Premature withdrawals will be charged a fee

Choose the Fixed Term Deposit Interest Rate that suits you and your business:

These rates are applicable to business customers holding Fixed Term Deposits of up to €500,000.

If the total Fixed Term Deposits (per customer) exceed €500,000, you can contact us directly for a quotation.

3 MONTHS TERM DEPOSIT

0.00%

6 MONTHS TERM DEPOSIT

0.07%

9 MONTHS TERM DEPOSIT

0.09%

12 MONTHS TERM DEPOSIT

0.11%

18 MONTHS TERM DEPOSIT

0.14%

Disclamer: Ancoria Bank Ltd reserves the right to decline an application/business relationship for legal, regulatory or any other reason and withdraw any plan, at any time.

Get Started

Submit your details for an appointment either via video call or via phone, and we’ll be delighted to help get you started.

Make an appointment

What you need to have

Required documentation:

CYPRIOT RESIDENTS

  • Passport or National Identity card
  • Original recent utility bill (less than 6 months old) / OR statement of EEA bank / OR local authority tax bill / OR house insurance

NON-CYPRIOT RESIDENTS

  • Copy of a valid ID / Passport certified as a true copy by a state authority
  • If you are temporarily residing in Cyprus and are a non-EU national, please supply a copy of your Temporary Residence Permit
Banking made simple

myAncoria is an award-winning, handy app that lets you access your accounts anytime, anywhere. Track your business expenses and transfer money between accounts in seconds. Stay on top of your financials no matter where you are. All with myAncoria. Access myAncoria from your PC, tablet, or mobile app.

If you have any questions, or simply need some help to get started

Call us on 8000 0050 or +357 22849000