US Dollar Time Deposits

US Dollar Time Deposits

For greater return on your cash, corporations consider our fixed term deposits which guarantee capital and offer an agreed upon interest rate at opening.

  • Diversification of your investments in terms and amounts.
  • Your choice of term from 180 to 1080 days.
  • Your choice of interest payment options (monthly, quarterly, semiannual or at maturity) and in your account at Banco Pichincha Miami.
  • Automatic renewal or review of your deposit at maturity.
  • Early Withdrawal available (charges apply).
  • Option of a Cash Collateral Line of Credit with a pledge time deposit of up to 90 % of its amount for loans, overdrafts, letters of credit, etc.
  • Total confidentiality under US banking confidentiality laws.
  • Minimum amount for opening: US $250,000.
  • For legal entities which are not incorporated in the United States.