Achieve your business saving goals by investing your money for a set period at a guaranteed interest rate.

Apply

Open your Term Deposit now

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What you get
  • Guaranteed rate of interest
  • Different deposit periods are available
  • Your investment is secured against fluctuating interest rates
  • You can choose how often your interest gets paid
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What you need to know
  • No minimum deposit required
  • Save in major foreign currencies
  • This account can also be used as collateral for other banking facilities
  • As this is a long-term investment, you will not receive a debit card so your money will grow at the guaranteed rate
  • Please check the latest applicable interest rate
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What to bring when you apply

if you're a Limited Liability Company

  • Certificate of Incorporation
  • Certified copy of Company form 7 or latest Annual Returns
  • Certified copy of Memorandum and Articles of Association
  • Certified copy of Director’s Resolution to open account
  • Current Trading Licence
  • Tax Identification Number (TIN) certificate
  • Company letterhead

if you're a Sole Proprietor/Enterprise

  • Certified copy of Certificate of Registration
  • Certified copy of Statement of Particulars
  • Current Trading Licence
  • Tax Identification Number (TIN) certificate
  • Statement of Particulars
  • Business letterhead

if you're in a Partnership

  • Certified copy of Certificate of Registration
  • Certified copy of Statement of Particulars (not mandatory)
  • Certified copy of Partnership Deed
  • Partners’ Resolution to open account
  • Current Trading Licence
  • Tax Identification Number (TIN) certificate
  • Business letterhead

if you're a Director/Founder or a Signatory of the above, you need to provide the following

  • Identification Document (Passport: mandatory for foreign nationals/National ID/Driver’s License)
  • Confirmation of residential address
  • Confirmation of postal address if any
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Need more help?

Call:

Tel: +258 21 344 400
(Customer Care)

Email:

linhacliente@barclays.co.mz

Talk to us