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Time Deposit

Banking instrument in MXN (PRLV) and USD (CEDE) with a fixed competitive rate for the selected term, which can be from 7 to 360 days.

Benefits

Different terms

Fixed rate for selected term

MXN and USD

Fast account opening

Insured Capital

Guaranteed profitability

Shinhan Bank Mexico offers fixed-term deposit alternatives in national currency (PRLV) or US dollars (CEDE) for corporate clients, allowing them to earn returns at a fixed interest rate and predetermined terms from 7 to 360 days.

Fixed rate during the established contract (term) and at expiration it pays to the capital axis account plus interests.

Interest payment is made upon expiration of the contract.

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Time Deposit USD
Name Total
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Total Annual Profit (GAT) before taxes; calculated as of May 17, 2024, for an investment amount of $10,000.00 USD in each term, for informational and comparison purposes only.
*The actual GAT is the return you would get after discounting estimated inflation.
Consult contract requirements and conditions at www.shinhan.com.mx
Product guaranteed by IPAB up to 400 thousand UDIs per person, per bank. www.ipab.org.mx
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Time Deposit MXN
Name Total
"{{getWooProductName}}" has been added to your cart
Total Annual Profit (GAT) before taxes; calculated as of May 17, 2024, for an investment amount of $500,000.00 MN in each term, for informational and comparison purposes only.
The Total Annual Earning (GAT) may change depending on the reference rate.
*The actual GAT is the return you would get after discounting estimated inflation. Consult contract requirements and conditions at www.shinhan.com.mx Product guaranteed by IPAB up to 400 thousand UDIs per person, per bank. www.ipab.org.mx

Contract Requirements

You must be an account holder of Banco Shinhan de México.

Requirements

  • Have at least one checking account (axis account) of the same currency to be able to make the corresponding deposits and withdrawals.
  • Comply with the amounts established so that interest is generated.

Documents

  • Proof of current address of the company (no more than 3 months)
  • Current Identification of the Legal Representative.*

If the Legal Representative is a foreigner; valid Passport and Immigration Form required *

Frequently Asked Questions

What are the minimum balances required?

  • MXN: $500,000.00
  • USD: $10,000.00

At the end of the contract, is automatic renewal carried out?

No, automatic renewal is currently not enabled, they must be done manually.

Every time I want to reinvest, do I have to do it directly at the branch office?

No, this service is available in the internet banking service, so you can reinvest from your session whenever you need it.

Is it necessary to be a Shinhan Bank customer to contract this product?

Yes, it is required to have a main account (checking account) prior to contracting the product.

What rates are handled for this product?

The rate is based on the market, so we cannot give a specific one at the moment. You can contact us to validate the day’s rate and make a simulation.

When will I receive my interest payment?

Interest payment is credited to the main account (checking account) at the end of the established term.

Can I use the invested capital during?

At the time of expiration, you will receive the funds (capital plus interest) in the main account. Once this happens, you can use your resources whenever you want.

Other question? No problem.

Contact

Av. P.º de la Reforma 250, Juárez, Cuauhtémoc, 06600 Ciudad de México, CDMX
Contact Shinhan: (55) 6722-8000

Inquiry Condusef: 800 999 8080 y 55 53400999