Term deposits
The term deposit is a renewable fixed investment, with a theoretical minimum duration of 1 month. The purpose of the DAT is to build up remunerative savings whose interest is paid at maturity on the basis of the terms of the contract.
- The customer can benefit from an advance on DAT (DAT+1 rate)
- The DAT can guarantee the bank loans granted
- Flexible conditions for accessing loans
- Rate negotiable depending on duration and amount.
- Target: any natural or legal person with the legal capacity
- Minimum amount: 10,000,000 FCFA (according to the new BCEAO provisions)
- Any decrease in capital before maturity entails a release penalty (1% excl. tax)
- Minimum duration: 1 Month
- The customer can benefit from an advance on DAT (DAT+1 rate)
- The DAT can guarantee the bank loans granted
- Flexible conditions for accessing loans
- Rate negotiable depending on duration and amount.
- Target: any natural or legal person with the legal capacity
- Minimum amount: 10,000,000 FCFA (according to the new BCEAO provisions)
- Any decrease in capital before maturity entails a release penalty (1% excl. tax)
- Minimum duration: 1 Month
