Fixed returns on your monthly investments

Start your iWish Deposit with a minimum of $100 in your chosen currency to begin earning interest.

Interest is compounded annually and paid at the end of the term so that your returns grow safely over the chosen deposit period.

If you have opted for auto debit for SI, then every month funds equal to your initial funding amount will be debited from your funding account for your selected term.

iWish deposit cannot be redeemed before maturity, so funds will remain inaccessible until the term ends.

iWish Deposit (Monthly Contribution Plan) allows customers deposit an amount starting from as low as $100 each month with bank and earn fixed interest on the deposited amount.

Interest amount will be calculated on daily closing balance. Interest on iWish Deposit (Monthly contribution plan) is compounded annually and paid at the end of the term. The rates are fixed for the entire term, providing financial certainty. 

No, iWish Deposit (Monthly contribution plan) cannot be redeemed before maturity. Your principal and earned interest remain committed until the end of the term, providing a safe and disciplined savings option.

Upon maturity, you will receive maturity amount (Principal amount +Interest earned) in the funding account.

You can choose to invest in either Canadian Dollars (C$) or US Dollars (US$) for iWish deposit (Monthly contribution plan), with attractive fixed interest rates for each currency.

Yes, you can open an iWish Deposit without SI. You can manually add funds into your iWish deposit account.

Your SI amount will be deducted on account opening day for each month. If SI execution day falls on non-business day it will be executed on upcoming business day.

SI amount will be same as your initial deposit amount deposited to open iWish deposit with bank. There is no penalty if SI is missed due to non-sufficient balance.

For both variants (iWish deposit with SI and without SI), you can manually top up (up to 120% of initial funding amount) your iWish once every calendar month during the term.

No cross-currency transactions are allowed for iWish deposits.

Redemption not allowed before maturity