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Banking, Financing & Asset Management Group
Ivory Trust Bank
Your account is automatically protected by: Deluxe Provent ID Theft and Fraud Protection
This service includes:
Access to dedicated, certified Resolution
   Specialists

Convenient 24/7 access to secure storage
    of your wallet contents

Assistance if you lose your wallet,
   experience fraud, or your identity has been
   compromised

Help to recover your identity to pre-theft status

Access to a one-time scan of your name
   and address

Monthly email fraud reports
Product Feature


NCD is a time deposit type financial product which is issued by discounting interest on deposit in advance and can be transferred to another person by endorsement.

Transaction Terms

Available for all types of corporate
- Contract Term: 30 days or longer (However, holidays or Saturdays cannot be the maturity date.)

Interest Rate

Contract interest rate
- This is a variable interest rate product and interest rate is subject to change per market rate. (No interest payable after maturity.)


Required Documents

Business Registration Certificate
ID Card
Seal Certificate
Power of Attorney
Other Required Document(s)


Other Information

NCD is issued in bearer form and negotiable freely. Redemption will be made to the holder
     of the certificate.
Interim changes during contract period and re-issuance of the certificate are not allowed,
     Certificates of balance are not issued.
Withdrawal before maturity is not permitted.
In case of loss or burglary, it is handled in the same manner as with cashier’s check.
Negotiable Certificates of Deposit (NCD)
Home » Business Banking » Business Savings » Fixed Deposit » Negotiable Certificates of Deposit
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