FCMB Bank (UK) Limited provides products and services in the areas of retail banking, private banking, business banking, corporate banking. The range of products offered by FCMB Bank (UK) Limited includes current accounts, savings accounts, time deposit accounts (1.10 - 1.90 %), mortgage loans, trade finance, treasury. FCMB Bank (UK) Limited makes its solutions available to natural persons, high net-worth individuals, SMEs, companies.
Products and services offered by FCMB Bank (UK) Limited are available at its branches and via its online banking system.
Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).
FCMB Bank (UK) Limited offers the following time deposit accounts.
Updated on 2 June 2020
United Kingdom: This product is offered to the United Kingdom's residents only. When clicking on the product link you will be redirected to the product page in English.
Deposit Guarantee. Time deposit accounts made with FCMB Bank (UK) Limited are covered by deposit guarantee scheme of the United Kingdom up to 85,000 GBP per depositor.
Withholding Tax. Interest income gained on time deposit accounts by non-residents of the United Kingdom is not taxed. Interest gained on time deposit accounts by residents of the United Kingdom is taxed at 20.00% rate. When the interest is paid, this tax is automatically withhold by FCMB Bank (UK) Limited from the time deposit account.