Diaspora Fixed-Time Deposit
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Diaspora Fixed Time Account
Diaspora Fixed Time Account It is an account which takes the form of a deposit certificate, issued in the name of the depositor. The maturity period may vary based on the agreement made between the depositor and the bank. The bank and the depositor will also reach an agreement on the rate of interest on this account. Interest income on non-resident foreign currency fixed deposit account shall be free from income tax.