Deposit Account Rates & Fee Schedule

Effective Date: August 4, 2025. Rates are variable and may be changed by the Bank.

Interest Rate Schedule

Account TypeMinimum Daily BalanceMonthly Interest Rate
Personal Account1,000 RD0.00%
Business Account5,000 RD0.00%

Fee Schedule

Fee TypeAmountWhen It Applies
Monthly Low-Balance Maintenance Fee200 RDAverage daily balance below 1,000 RD
External Transfer50 RDOutbound transfer to another Redmont institution
Overdraft / NSF25 RDPosting against insufficient balance
Manual Staff Transfer500 RDManual intervention needed due to incorrect details
Returned Deposit Item100 RDReversed in-game payment
Stop-Payment500 RDClient request to block pending withdrawal/transfer
Dormant Account Fee500 RD / monthNo client-initiated activity for 90 days
Early Account Closure1,000 RDClosure within 30 days of opening