But for those who want a guaranteed fixed return, there is a fixed deposit account on a minimum balance of US$20,000, for an agreed period usually of between one and 12 months.

With a choice of simple current/deposit account facilities, fixed deposit accounts, or managed currency funds and a highly personalised level of private banking, you may need to shop around for the most suitable.

Hence, The Flexi Fixed Deposit scheme has 2 components : a Savings/Current Account component, and a Fixed Deposit account component.

The bank operates deposit accounts like Savings Bank Accounts, Current Deposit ccounts, Short Notice Deposit Accounts & Fixed Deposit Account and different saving schemes.

Wealth Management products include Fixed Deposit accounts with free Life Insurance protection, RAKvantage current account which offers preferential interest rates, the RAKsave savings account and the online Fast Saver account.