Money Market Account

  • Home
  • Business Banking
  • Money Market Account
Discover the Convenience and Security of Euromed Bank Limited’s Money Market Account

Unlock Higher Returns with our Money Market Accounts

Business Banking

Euromed Bank Limited's Money Market Account (MMA) is designed to offer you a flexible, secure, and high-yield savings option. Combining the benefits of a savings and checking account, our MMA allows you to enjoy competitive interest rates while maintaining easy access to your funds. It’s an ideal choice for individuals seeking to grow their savings without sacrificing liquidity.

 

  Key Features & Benefits

  1. Competitive Interest Rates: Earn higher interest compared to regular savings accounts, with rates that are periodically reviewed to maximize your returns.
  2. Liquidity & Accessibility: Withdraw or transfer funds easily via checks, ATM, online banking, or in-branch services, with minimal restrictions.
  3. Safety & Security: Your deposits are protected under the bank’s insurance schemes, ensuring peace of mind.
  4. No or Low Minimum Balance: Designed to be accessible, our MMA often requires a low minimum deposit to open, making it suitable for a wide range of customers.

Policies:

  1. Minimum Opening Deposit: As per account category, starting from £10,0000.
    • Interest Calculation & Payment: Interest is calculated daily and credited monthly/quarterly, depending on the account category.
    • Withdrawal Limits: No limit on withdrawals, but excessive transactions may be subject to certain fees or restrictions to maintain account integrity.
    • Fees & Charges: Transparent fee structure, including maintenance fees, overdraft fees, and charges for additional services, clearly outlined in our terms and conditions. 
    • Account Maintenance: Regular account statements provided monthly, with online access available 24/7. 

  Categories of Money Market Accounts at Euromed Bank Limited

    • Standard Money Market Account: Suitable for everyday savings with easy access. Interest rate is competitive rate, updated quarterly. Minimum deposit: £10,0000.
    • Premium Money Market Account: Designed for higher depositors seeking premium benefits. Minimum deposit: £15,0000. Enhanced interest rates and exclusive banking privileges.
    • Business Money Market Account: Tailored for corporate clients and small businesses. Features flexible transaction limits, business checks, and dedicated support. Minimum deposit: £50,0000.

  Why Choose Euromed Bank Limited?

    • Personalized banking experience
    • Competitive rates and flexible policies 
    • Secure and reliable financial partner 
    • Innovative digital banking solutions for seamless access