Fixed and Call Deposits

Put surplus business or personal funds to work with DTB Fixed and Call Deposits. Choose a Fixed Deposit when you can set money aside for 1, 3, 6, 9 or 12 months, or a Call Deposit when you want a larger placement with more flexible access. Available to DTB account holders in KES, USD, GBP and EUR, subject to the published minimum placement amounts and current applicable interest rate.

Overview

DTB Fixed and Call Deposits are designed for existing DTB account holders who have funds they do not need for immediate day-to-day transactions and want those funds to earn interest under an agreed deposit arrangement.

A Fixed Deposit can suit a business, organisation or individual that knows a defined amount can remain untouched for a set period. DTB currently offers fixed tenors of 1 month, 3 months, 6 months, 9 months and 1 year. This can help businesses place temporarily surplus operating cash, reserve funds or foreign-currency balances for a period that matches expected future cash-flow needs.

A Call Deposit is designed for larger balances where access needs to remain more flexible. DTB currently states that Call Deposits have no fixed timeframe and can be liquidated when required. However, no interest is paid if the placement is liquidated before 7 days under the current live product wording.

Both products are available in Kenya Shillings, US Dollars, Great Britain Pounds and Euros. DTB does not publish the applicable deposit interest rates on the current webpage, so customers should confirm the rate, interest treatment, maturity or liquidation instructions and any premature-access conditions before placing funds.

Fixed Deposits can be booked through the DTB m24/7 app, Internet Banking or at a DTB branch. They can also be used as security against eligible advances, subject to DTB credit approval and the terms of the relevant facility.

Benefits

Discover the advantages of banking with Fixed and Call Deposits

Earn Interest on Eligible Deposits - Put qualifying surplus funds to work instead of leaving them idle in a non-interest-bearing balance.
Choose a Term That Matches Your Cash Flow - Fixed Deposit tenors currently range from 1 month to 1 year.
Flexible Access with Call Deposits - Call Deposits have no fixed maturity date and can be liquidated when required, subject to the product's 7-day interest condition.
Multiple Currency Options - Place eligible funds in KES, USD, GBP or EUR.
Digital Fixed Deposit Placement - Book eligible Fixed Deposits through the DTB m24/7 app or Internet Banking, or visit a branch.
Use a Fixed Deposit as Security - Funds on Fixed Deposit can be considered as security against eligible DTB advances, subject to credit approval.
Rollover Choice - DTB's mobile booking flow allows customers to confirm a rollover preference, and a Fixed Deposit Roll Over Form is available for relevant maturity instructions.

Product Features:

Currencies
- Kenya Shillings (KES), US Dollars (USD), Great Britain Pounds (GBP) and Euros (EUR).
Fixed Deposit - Minimum Placement
- KES: 20,000.
- USD: 5,000.
- GBP: 5,000.
- EUR: 15,000.
Call Deposit - Minimum Placement
- KES: 1,000,000.
- USD: 25,000.
- GBP: 50,000.
- EUR: 50,000.
Fixed Deposit Terms
- 1 month, 3 months, 6 months, 9 months and 1 year.
Call Deposit Term
- No fixed timeframe is currently published. DTB states that Call Deposits can be liquidated when required; however, no interest is paid where liquidation takes place before 7 days under the current product wording.
Interest Rate
- Interest is earned on eligible deposits, but DTB does not publish a fixed percentage on the current webpage. Ask DTB for the applicable rate for your currency, amount and chosen deposit type/tenor before confirming placement.
Fixed Deposit Access Channels
- DTB m24/7 mobile app, Internet Banking and DTB branches.

FAQs

A fixed deposit is a bank placement where you set aside a specified amount for an agreed contracted period. DTB currently offers Fixed Deposits to account holders for 1, 3, 6, 9 and 12 months. Interest is earned on eligible deposits, with the current applicable rate confirmed by DTB before placement.

A Call Deposit is a deposit placement designed for customers who want eligible funds to earn interest while keeping more flexible access than a fixed-term deposit. DTB currently states that Call Deposits have no fixed timeframe and can be liquidated when required, but no interest is paid if the placement is liquidated before 7 days.

A Fixed Deposit has a defined term, currently 1, 3, 6, 9 or 12 months at DTB. A Call Deposit has no fixed maturity date and is intended to provide more flexible access. The minimum placement amounts are also much higher for DTB Call Deposits than for Fixed Deposits.

Yes. A business with funds that are not required immediately can place qualifying surplus cash in a Fixed Deposit for a term that matches its expected cash-flow needs. The business should keep enough liquidity available for payroll, suppliers, taxes and other obligations rather than fixing money it may need before maturity.

DTB states that Fixed and Call Deposits are available to DTB account holders. An eligible company or organisation that already holds the relevant DTB account can discuss placement instructions, authorised signatories and the applicable interest rate with DTB.

Yes. The current DTB product page describes both Fixed and Call Deposits as placements for DTB account holders. A new customer would therefore need to establish the appropriate DTB banking relationship before making the deposit placement.

DTB currently publishes a minimum KES Fixed Deposit placement of KES 20,000.

DTB currently publishes a minimum KES Call Deposit placement of KES 1,000,000.

DTB currently publishes minimum Fixed Deposit placements of USD 5,000, GBP 5,000 and EUR 15,000.

DTB currently publishes minimum Call Deposit placements of USD 25,000, GBP 50,000 and EUR 50,000.

The current page lists Kenya Shillings, US Dollars, Great Britain Pounds and Euros.

DTB currently offers Fixed Deposit terms of 1 month, 3 months, 6 months, 9 months and 1 year.

The current live page publishes a 1-month Fixed Deposit as the shortest available tenor.

DTB currently publishes no fixed timeframe for a Call Deposit, but states that no interest is paid if the placement is liquidated before 7 days. Confirm the precise interest calculation and liquidation terms before placing the funds.

DTB states that Call Deposits can be liquidated as and when required. However, if the placement is liquidated before 7 days, the current product wording states that no interest is paid. Confirm any operational notice or cut-off requirements with DTB.

DTB does not currently publish a fixed deposit interest rate on the product webpage. The applicable rate can depend on factors such as currency, amount and tenor. Ask DTB for the current rate before placing funds and confirm how interest will be calculated and paid.

The current webpage confirms that interest is earned on eligible deposits but does not publish a Call Deposit percentage. Ask DTB for the current applicable rate and how it is calculated before placement.

The current Fixed and Call Deposits page does not publish detailed premature-liquidation terms for Fixed Deposits. If you may need the money before maturity, ask DTB what early-liquidation conditions apply and how early access would affect interest before choosing a tenor.

Yes. DTB's mobile-banking guidance states that you can open the m24/7 app, select Fixed Deposit, choose the account to debit, enter the amount, select the tenor, confirm the rollover preference and authorise the placement. You receive an FD reference after successful booking.

Yes. DTB's live Fixed and Call Deposits page lists Internet Banking as an available Fixed Deposit placement channel, and DTB's current Product Guide also lists Fixed Deposit Booking among Internet Banking functions.

Yes. DTB lists all branches as an available Fixed Deposit placement channel. A branch can also assist if you need to discuss the current rate, maturity instructions or documentation before placing the funds.

Your maturity treatment depends on the instructions you select or provide to DTB. The mobile booking process includes a rollover preference, and DTB also provides a Fixed Deposit Roll Over Form. Confirm whether you want the deposit paid out or rolled over and what rate will apply to any new placement.

DTB's mobile Fixed Deposit booking process includes a rollover selection, and the website provides a Fixed Deposit Roll Over Form. Confirm the rollover instruction, whether principal only or principal plus interest is being renewed where available, and the applicable rate for the new term.

Yes. DTB states that funds on Fixed Deposit can be used as security against advances. DTB also lists fixed-deposit security within some lending products. Approval, the amount available and any lien over the deposit depend on the relevant credit facility and Bank assessment.

The choice depends on when your business expects to need the money. A Fixed Deposit can suit funds that can stay placed for a defined period, while a Call Deposit is designed for larger balances where more flexible access is important. Compare the minimum placement, current interest rate, liquidity requirements and any early-access conditions before choosing.

A savings account is generally intended for ongoing saving and account access, while a Fixed Deposit places a defined amount for a contracted term. DTB Fixed Deposits also have specific minimum placements and tenors. If you may need frequent access to the money, compare the liquidity of a savings account with the return and term of the Fixed Deposit.

Compare who holds the money, how the return is determined, liquidity, minimum investment, fees, taxes, risk, access time and whether the product can support bank borrowing. A DTB Fixed Deposit is a bank deposit for an agreed term; a money market fund is a pooled investment product managed by a fund manager. The right structure depends on the business's liquidity and risk requirements.

Compare the current interest rate, minimum placement, available currencies, tenor options, how interest is paid, early-liquidation treatment, rollover instructions, digital placement options and whether the deposit can be used as security. DTB currently offers KES, USD, GBP and EUR Fixed Deposits with terms from 1 month to 1 year, while the applicable interest rate should be confirmed directly with the Bank.