TERM SAVINGS IN EUR - PAYMENT OF INTEREST UPON THE EXPIRY OF THE TERM DEPOSIT PERIOD AND THE AVAILABLE 30% OF THE DEPOSIT AMOUNT DURING THE TERM DEPOSIT PERIOD
Costs to the user known at the time of advertising and included in the calculation of the effective interest rate: Currently valid tax liability 15.00%
Costs to the user that is not known at the time of advertising, including costs in case of early withdrawal of deposits: No additional costs
When depositing funds, in addition to the term deposit account, the client also opens a foreign currency savings account without the costs of opening and monthly maintenance, to which the calculated net interest and principal is transferred upon the expiry of the term deposit period.
At the written request of the client, it may be possible to dispose of term deposits before the expiry of the term deposit in the amount of more than 30% (maturity), whereby the principal is paid to the client without calculating the agreed interest rate.
The client can withdraw funds during the entire term deposit period, once (all 30%) or several times so that the sum does not exceed 30% of the initial deposit. If there is a withdrawal of up to 30% of the deposit, interest is calculated on the remaining part of the deposit until the end of the term deposit period.
Deposit security
The Bank participates in the compulsory deposit insurance system established by Deposit Insurance Agency in the Republic of Serbia.