DMDI Express Term Deposit Account is a fixed deposit product with a high-interest rate on funds invested, up to 20% per annum for Liberian Dollars and 10% per annum for United States Dollars. An Express Term Deposit lasts up to 360 days and is renewable upon expiration. The interest payment is made at the end of maturity.
- Product: Savings Account Sub-product:Express Term Deposit account
- Currency: USD and LRD Startamounts: USD 250/ LRD 50,000
- Maturity:180 days or 360 days
- Interest rates : USD 10% / LRD 20% per annum
- Payment of Interests: After maturity
Basic Requirements
Closing before maturity:
- If the period of account is less than half of the term – “0” interests;
- If the period of account is more than half of the term- 50% of accrued interests will be paid:
- Existing and New clients who have the desire to save their money for a period of time and earn higher interest rates.
- Existing and New clients who wish to save and do not intend to withdraw their money for a period of time.This account is designed to suit the needs of individual and business persons who wish to accomplish a specific goal in a specific period of time.
- This account is designed to suit the needs of individual and business persons who wish to accomplish a specific goal in a specific period of time.
What do you need to have an Express Term Deposit Account?
A start amount of USD 250/ LRD 50,000 and above.
How To Open Your Express Savings AccountVisit any of our branches listed below and speak with our Customer Service Staff
Carey Street Branch
135 Carey Street, Continental General Life Insurance Building, Monrovia Liberia
+231-880768887
Redlight Branch
Telecom Community, Opposite Good Shepherd Episcopal Church, Paynesville Liberia
+231-0881654402
Gompa Branch
Monrovia Highway, Opposite God’s Willing Filling Station, Gompa City, Nimba County
+231-0775809545