Sterling High Interest Fixed Deposit Account

We don't get many rainy days in this part of the world, but this is a great time for you to be putting something aside.
 
If you've got AED 100,000 or the equivalent to invest for at least six months, you can take advantage of our Sterling High Interest Fixed Deposit Account.
 
The account gives you a guaranteed return* for your investment. All you have to do is decide how much you'd like to deposit and for how long. Your interest is fixed for the whole period, so it's an excellent way to safeguard your savings, helping you to look ahead with confidence.
Multi currency fixed term deposit
Manage your money online and by phone

Features and Benefits

  • Sterling-denominated savings account
  • Highly competitive interest rate
  • Six month fixed term
  • Interest fixed for the period and paid to you tax free**
  • A guaranteed* return on your investment

How do I apply?

At your local branch
  • Pick up an application form from our branch, complete it and give it to one of our staff, along with proof of identity and supporting documents.

Documentation required for opening an account

  • Original passport including resident visa
  • Information about the source of your funds, such as a copy of the latest bank statement of the account your funds will be coming from.
* Use of the word guaranteed relates to a guarantee given by Lloyds TSB plc concerning deposits which run their full term and includes the repayment of your original investment and agreed interest, in sterling on the maturity date. The AED equivalent of your investment is not guaranteed and may rise or fall dependant upon exchange rate movements. If access to your investment is required earlier than the full term, you may receive back less than your original investment due to breakage fees and market replacement costs
 
** It remains your responsibility to declare this to the relevant authorities