What investment products does CPA offer?
The bank offers its customers investment products such as cash vouchers (BDC) and Term Deposits (DAT):
Cash vouchers (BDC) (in the form of instrument) can take one of the following forms:
- Bearer
- Nominative
Term deposit (materialized by the opening of an account upon application)
Can I redeem my investment (cash vouchers or term deposits) before the due date?
Yes, please contact your branch to make an early repayment request.
Am I entitled to credit interest in the case of early repayment of cash vouchers or term deposits?
Yes, provided the term of your deposit is equal to or greater than three months. For further information, please contact your branch.
NB: Please note that early repayment of cash vouchers or term deposits is subject to a penalty.
What should I do if I lose a cash voucher?
Contact your branch to report the loss and submit an opposition request.
Is it possible to obtain a preferential rate for my investments?
To obtain a preferential rate, you must submit a request to your branch.
What are the interest rates?
The bank offers variable rates depending on its general terms and conditions.
REWARDS TERMS AND CONDITIONS:
Interest due will be paid upon presentation of the voucher and attached coupon, at the rate and on the due date shown on the coupon.
- Interest will be subject to the applicable global income tax, which will be deducted at source at the time of payment.
- When the investment period is less than (1) one year, interest is payable in a single instalment on due date.
- In the event of early repayment, the remuneration conditions are as follows:
- When repayment is made within (3) three months or less after the subscription date, no interest is payable.
- In all other cases, the interest rate paid will be equal to the rate in force at the time the voucher was subscribed, for the actual duration of the investment or the one immediately below, minus (1) one percentage point.