- With this account, your company can invest cash with BCV for a fixed term. Because BCV has an excellent rating (AA stable), you know that the assets are extremely safe.
- The investment amount, the interest rate and the term are determined when the account is opened. At the end of the term the funds are released and may be reinvested in a new term account.
- The interest rate is based on money market rates in effect when the account is opened. Term accounts are subject to withholding tax but are not charged fees or commissions.
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Be wary if you get a phone call from someone claiming to be an IT support person. When making payments, be sure to check the payee's bank details and the amount. Your log-in details are confidential, never share them with anyone!
