When is the return on a deposit paid out? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

When is the return on a deposit paid out?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

The return is usually paid at the end of the term, together with the maturity of the deposit, especially for deposits of less than one year.

Long-tenor deposits (one year and above) may offer different payout frequencies (monthly, quarterly, semi-annual).

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