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You wish an investment...
Which gives
you during a determined duration a pre-established output
100 % safe
The rate
of which is higher than that of a BCB investment product at equivalent
duration.
Which is
not available physically. And so you avoid the risk of loss or theft.
Then the term deposit is the investment
which is convenient for you.
A term deposit is an account where you can invest a sum of money defined
for a duration and a rate established beforehand.
Key points
Fixed duration
and return established beforehand : you know thus exactly when and which
amount you'll go to perceive.
You do
not pay management charges.
The investment
relates at once.
You always
remain informed, because after every operation, you receive a notice.
You determine
even as what will happen when due, for example on which account (Savings
account, Checking account) the interest and\or the capital must be put.
You can
make it renew automatically.
The rate
is higher than that of the BCB investment product at equivalent duration.
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