Personal Banking / Term Deposits

Term Deposits

The Term Deposit is a secured investment account for people who want to invest their surplus funds.

This account comes with competitive interest rates that give value to your investments. It is available to both individuals and business customers.

The minimum opening deposit amount is WST1000.00


 Period      Rate
1 month 1.75%
3 months 2.00%
6 months 2.50%
9 months 2.80%
12 months 3.25%
>12 months Rate on application


You can obtain a Term Deposit Application at your nearest branch.


You must also be aware of:

  1. Personal Account Fees & Charges
  2. Deposit Terms & Conditions
  3. Customer Banking Agreement

For more information

Call our Customer Service Centre on (685) 66100 or


You can also visit any of our BSP branches nationwide.

Need help choosing an account?

Speak with someone from BSP today