Accumulative Deposit

Accumulative Deposit

Since 22 May 2017 agreements of this deposit shall no longer be concluded.  Previously placed deposits with the automatic extension shall not be extended after the deposit maturity.

Major conditions

  • Minimum initial deposit amount -  EUR 100 or USD 100.
  • Term of the placed deposit  - between 4 months and 2 years.
  • Deposit interest shall be paid on monthly basis.
  • Minimum amount to supplement the deposit in deposit currency: EUR / USD 5 (no possibility to supplement the deposit during 3 months before deposit maturity).

Withdrawal of part of the deposit without terminating the agreement

You can withdraw ¼ of the deposit during calendar quarter without terminating the deposit agreement. 

Early termination of the deposit agreement

  • If an agreement is terminated prior to its maturity, where possible, the funds will be paid out immediately, however, not later that within 14 calendar days.
  • If an agreement is terminated prior to its maturity, the bank shall not pay the interest, whole the overpaid interest amount (if any) shall be debited form the repaid deposit amount.
  • The deposit shall not be considered as terminated prior to its maturity if You apply the Bank within 7 calendar days after extension of the agreement.

You may terminate the deposit agreement:

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