Term deposit
Term deposit is money placed on the deposit account for a period of 3 days to 84 months with the charge of interest from the day following to the date of the funds receipt, to the day previous to the deposit payoff.
«Overnight» is a kind of term deposit wherein the funds are placed on the deposit account for the term of one working day with the interests charge from the date of the funds receipt to the day previous to the deposit payoff.
Types of deposits:
1. The Deposit is a classic term deposit (including the Overnight) with the interests paid at maturity or monthly, with the right to early deposit payoff at a fixed or differential reduced interest rate, as well as with the possibility to place the money without the right to early deposit payoff with increased profitability.
Deposit Currency – UAH, USD, EUR
2. The Long-term Deposit - a term deposit with the possibility of early deposit payoff or its part return in a date, prearranged by contract, without restatement of accrued interest at a reduced rate.
Currency – USD, EUR
Maturity of the contract — in more than 367 days
Payment of interest — at maturity
3. The non-resident investor deposit (investment deposit) is money, placed by a foreign investor-legal entity on the bank deposit account for a period not less than one calendar year without the right of early termination of the contract and reduction of the deposit amount within the named period.
• with the right of prolongation and the possibility of early deposit payoff after the end of 367 days period from the placement date.
Interest payment — at maturity of the deposit
Maturity of the deposit — in more than 367 days
Currency — hryvnia and first category foreign currencies
• without the right of prolongation, with the possibility of early deposit payoff after the end of 367 days period from the placement date.
Interest payment — monthly
Maturity of the deposit — in more than 367 days
Currency — hryvnia and first category foreign currencies.
For more information about the service please contact your personal manager.
