Floating MyTD is a medium-term saving TD that provides you with monthly, quarterly or semiannual interest payments, while benefiting from the floating interest rate that will maximize your return.
Benefits:
- Floating competitive interest rates throughout the TD duration
- Ability to issue several TDs with different amounts, as there are no restrictions on the maximum number or amount of TDs
- Automatic renewal is available, if requested
- Ability to obtain information on your TDs by subscribing to QNB ALAHLI Electronic banking services
- Offered to individual and corporate clients
- Ability to break the TD after 6 months from its issuance date according to the announced breaking schedule
Features:
- Available in USD only
- Time Deposit tenor is 2 years
- Interest Payment Frequency: Monthly, Quarterly
- Minimum Issuance Balance is USD1,000 for individuals and USD5,000 for corporate clients
- Client must have a valid current, checking, or savings account at the bank in USD
Terms and conditions apply