Time Deposits

With an SGC Time Deposit * , you may enjoy a wide range of benefits and banking services. Place your funds for a fixed period, and earn an attractive fixed return.

What are the benefits?

Automatic renewal service at the maturity date of your time deposit
Guaranteed rate of return
Funds can be accepted as security for credit facilities
Duration: 1,3, 6 or 12 months


How to apply for an SGC Time Deposit Account?
Just visit one of our branches and meet one of our professional Relationship Officers who will discuss your needs and guide you through the application procedure, or give us a call on SOGEINFO 8000 7777 (toll free) for further information.


* General Conditions
Cypriots only need to submit their ID. Non-Cypriots need to submit their Passport and work permit (if outside of E.U.)
Minimum age: 18 years old
Children can have a Time Deposit in their own name. Deposits are allowed but no withdrawals before the child becomes 18 years old, as per present regulations of the Central Bank.

Related Links

Rates

The following rates are indicative
Buying Selling
United States Dollar USD 1.2807 1.2717
Japanese Yen JPY 118.2300 117.4100
Swiss Francs CHF 1.5362 1.5255
Great Britain Pounds GBP 0.8728 0.8668
Dihrams AED 4.7039 4.6711

all above rates are quoted
1EUR = x foreign currency

Last Updated: 05 December 2008