Predictability of returns
Time Deposit Accounts offer a high degree of predictability in terms of interest income, as interest rates are fixed for the entire term. This enables precise financial planning and helps to calculate future expenditure.
Low risk
Time Deposit Accounts are considered a more secure form of investment with a low risk compared to shares or other investments. The money is invested for a fixed term and is not exposed to market fluctuations.
Simple management
Managing a Time Deposit Account is straightforward. Once opened, you don't have to worry about daily fluctuations or administration costs.
