Target Population
- Tunisian customers, whether resident in Tunisia or abroad.
Characteristics
- Minimum investment: 5000 TND
- Period: 5 years
- Currency: Dinars, convertible dinars
- Earnings
|
Year 0 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
|
MMR |
MMR+1% |
MMR+2% |
MMR+3% |
MMR+4% |
- Payment of interests:Interests are payable at the end of each period of one year and at expiry for the remaining fraction of a year.
Subscription terms
- Method:All deposits should be invested upon subscription. Addional investment is not allowed after the initial subscription date.
- Advance on a current account/ Overdrafts: Available up to 80%. In this case the bank receives at least fifteen days interest to be calculated according to the rate applied to QNB Fidelity, including a maturity plus one (1) percentage point.
Taxation
- Interests paid to the QNB Fidelity account are subject to withholding tax at the prevailing rate on the date when interests are paid.
Sale arguments
- Convenience: An investment over 5 years, with no risk of loss.
- Availability: An advance on current account / Overdrafts of 80% of the invested amount is allowable.
- Profitability: Profitable, scalable and more advantageous earnings compared to the earnings of a Special Savings Account, a Term Deposit or a pre-determined Cash Voucher with favorable rates.
- A subscriber to a Fidelity financial product can have multiple financial products at the same time (same product).