Deposito Valas J Trust

DESCRIPTION

Deposito Valas J Trust is a time deposit in foreign currency with a maximum investment value than any other products. Customers can’t withdraw their funds at any time except under mutual agreement. If the customer withdraws their fund prior to Maturity date, Early Withdrawal Penalty may apply according to Bank Policies.

 

BENEFITS

  • Daily interest rate calculation (according to fund placement).

  • Higher interest rate than any other deposit.

FEATURES

  • Personal/Corporate Customer

  • Available in foreign currencies : USD, EUR, AUD, JPY and SGD

  • Minimum initial cash deposit amount equivalent to USD 1,000, -

  • Time Period for 1 month, 2 months, 3 months, 6 months and 12 months.

  • Receives Roll Over the principal; Principal + Interest.

  • Customer is required to have J Trust Bank Account to collect the earning from interest and principal (in the same foreign currency).

  • For Principal Roll Over, interest will be transferred to J Trust Bank Account on a monthly basis.

  • Deposit and withdrawal in Rupiah (IDR) are based on the TT sell/buy exchange rate.

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