For comfort and convenient service think of CDSB LTD, We offer a wide range of accounts to attract deposits from the general public. Which serve an important purpose by mobilizing savings in order to utilize them in profitable investments portfolios. To find out more about the different types and their features, read on.
To use the Business Mobile Banking app, you'll need to download it from the App Store or Google Play. Your mobile devices must be operating at least version 15 (iOS) and version 8 (Android).
Whether your business requires instant access or is looking to lock money away for longer, CDSB LTD has a complete range of business savings accounts.
Read regulatory announcements and learn more about the company, the Board and the Bank's financial calendar.
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Manage your account on the move through our Mobile Banking app, or in the comfort of your own home through the Desktop Portal.
With our Islamic home finance products, you pay rent not interest when you purchase or refinance a property.
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For comfort, convenient and safe banking, think of CSB, We offer a wide range of bank accounts to attract deposits from the general public. These bank accounts serve an important purpose by mobilizing savings in order to utilize them in profitable investments portfolios. To find out more about the different types of bank accounts and their features, read on.
A Non-resident Account is owned by persons or institutions from outside the country. And can also be referred to as a foreign savings. Customers from foreign countries typically look for this type of accounts, to take advantage of favorable tax haven, greater economic freedom, and easier access to their savings overseas. Another way of gaining access to your non-resident account can be through an offshore debit or credit card, which can allow you to access your savings anywhere in the world while the account remains tax free in a different country. Capital Conservator's offshore platinum card comes with a good limit, private access to savings and can be used at more than one million automated machines worldwide.
A basic account is also a transactional account. savings in this type of account can be withdrawn at any time, as there is no restriction on the number of withdrawals and the amount to be withdrawn. customers are generally given paper checks to carry out day-to-day transactions, like making purchases, or transfers to another account. However, no interest is paid and sometimes, holders have to pay a charge to the institution for rendering this service. This type of account is generally maintained by businessmen as they have to make a number of transactions each day as no notice is required to make withdrawer on demand.
Our premium savings accounts are aimed towards mobilizing small savings from the general public. There are certain restrictions regarding the number of withdrawals and the amount to be withdrawn in a particular time period. However, this account earns a fair rate of interest.
This type of account requires the customers to deposit a certain sum for a fixed time period. In Fiduciary term the deposit is owned by one individual but administered for that individual's benefit by another individual, such as a legally appointed conservator, trustee, or agent the sum deposited in this account can't be withdrawn before the date of maturity. However, some institutions allow customers to make withdrawer before maturity, by charging a penalty. The rate of interest paid on time deposits is usually higher than the other types. In addition to this, the interest paid on CDs depends on the maturity period.
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