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How can Prime-Linked Time Deposit offer the greater benefit?

April 26, 2017benefit deposit greater Offer prime-linked time

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How can Prime-Linked Time Deposit offer the greater benefit?

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Prime-Linked Time Deposit offers you an alternative deposit service with interest rate linked to the Bank’s best lending rate (Prime Rate). The interest rate will be adjusted whenever the Prime Rate changes, maximizing your interest return in the wave of rising interest rate. Also, the interest will be paid monthly and therefore you don’t have to wait until the deposit matures to reap the benefits.