Frequently Asked Questions
If you have any concerns please read this collection of frequently asked questions before contacting us. If
you are still unclear about something feel free to contact.
You cannot open a zero balance account. An initial minimum deposit is required to open an account with Maddox.
The basic requirements for account opening are; An identification; this includes one (1) passport sized picture and a valid National ID (acceptable options; Voter ID, National ID, Driver’s License and International Passport) Proof of address; completion of address verification form. Applications are subject to status and internal checks.
Investments can be purchased for a period not exceeding 12 months (1 year). That is, a minimum period of one (1) month and a maximum twelve (12) months.
Yes. Interest accruing from the investment will be paid into this account. Upon request by customer to discontinue investment or on maturity of the investment, funds will be paid into this account.
The bank reports its financial statement in the US Dollars (USD)