The account may be opened with a minimum of TT or US $2,500.

No. A part of the sum deposited may be withdrawn within 12 to 24 months (depending on the terms of your deposit) without the prior written permission of the Central Bank of Trinidad and Tobago.

When an account is withdrawn prematurely, a break rate fixed by CIB will be applied.

After interest is paid to the account, it may be withdrawn by the depositor without penalty.

You have the option of opening a single or joint account. In the case of a joint account, you can decide whether the account will be negotiated by a single individual, or by both parties named in the account.

You may decide when interest is paid to your account. Interest can be paid monthly, quarterly, semi-annually or annually.

Your account can run for a minimum of one year and up to a maximum of two years.

Upon its maturity, your deposit will be automatically renewed at CIB’s prevailing rate, provided that you (the depositor) do not inform the Bank to the contrary, at least 48 hours prior to the account’s maturity.

Yes, the Bank’s deposits are covered by Deposit Insurance Corporation. However, only deposits held in Trinidad and Tobago and payable in TT$ are required by law to be insured.

All other CIB accounts are guaranteed by the Bank and backed by more than fifteen (15) years of proven experience, and a strong portfolio of local and international investments.