Our Diaspora Individual Investment Account (DIIAC), also known as the Diaspora Term Deposits Account, is a fixed-term placement offering guaranteed, high-yield returns for diaspora individuals seeking capital growth in Cameroon.
- Tenor options: 6, 12, 24 or 36 months
- Guaranteed interest yield: 5.00% per annum for 6 to 12 months; 6.00% per annum for 12 to 24 months; 6.50% per annum for more than 24 months
- Minimum placement: FCFA 1,000,000
- Early liquidation: 50% of accrued interest is forfeited if the placement is redeemed before maturity
- Can serve as cash collateral for a Diaspora Individual Current Account Loan (DICALO)
- A fixed-income yield that significantly outperforms Western deposit rates
- Substantially reduces the risk of your funds being misappropriated by friends or family members
Account Opening Requirements and Documents:
- All Diaspora Accounts are opened online through FD-Online, the FINASDDEE Digital Diaspora Account Opening Platform – no branch visit is required
- Applicants must be 18 years or older and legally resident in the United Kingdom, the United States of America, Canada or Europe
- Valid identity document (passport, national identity card, residence permit or driver’s licence)
- Overseas proof of address
- Residence permit or proof of right to reside in your country of residence
- Proof of income: recent payslip (employees) or proof of activity (self-employed)
- Filled and signed specimen signature card. DOWNLOAD HERE
Ready to open your Diaspora Individual Investment Account?
Click the button below to start your online application.
