There is no minimum fixed amount , no time limitations and no monthly installments. There is only high interest rate fixed for your benefit. Open savings deposit at the BTA Bank, withdraw amount from your deposit account any time, return it any time you want and get your guaranteed income. You are welcome to come and open savings deposit at the BTA Bank and bank better with us!
Advantages of savings deposit:
- Possibility to manage your deposit through plastic card
- High interest rate
- Possibility to place amount on the deposit without limitations applicable tenure and amount
-
Accrual of interest on the minimum deposit amount fixed within a month as well as on difference between minimum amount and actual daily balance.
- Plastic card with limited overdraft
- automatic transfer servicies during the term of deposit
- Settlement (current) account
- Additional 1% if you do not withdarw amount from account within a month and minimum balance amounts or equals to 400 GEL / 200 USD/ 200 EUR/
- Minimum and maximum term of deposit – not limited
- First installment – not limited
- Minimum balance- not fixed
- Currency- GEL/USD/EURO
- Possibility to make transfers from deposit to personal account
Interest rate and terms of accrual
| Currency | GEL | USD | EUR | |
| Interest Rate |
|
|
|
|
| Difference between balance | 2.50% | 2.00% | 1.50% | |
The interest is accrued on a monthly basis, on the last day of a month, in accordance with the rule of complicated interest accrual;
On the last day of the month, on minimum amount fixed on the account within a month and in accordance with month days;
The interest is also accrued on difference between actual deposit balance (fixed at the end of transaction day) and minimum amount on the basis of month days( during which actual balance exceeds minimu amount).
For example :
In case GEL 700 was deposited on savings account for 5 days within a month, GEL 550 for the following 10 days and GEL 680 for the following 15 days , then 7.50 % is to be accrued on minimum amount fixed within a month , i.e. in this particular case on GEL 550 for 30 days .
770-550= 2.50 % will be charged on 150 GEL for 5 days
680-550=2.50% will be charged on 130 GEL for 15 days
Service fees:
- Opening of deposit – free of charge
- Servicing of deposit – free of charge
- Commission fee for withdrawing accrued interest through plastic card- in accordance with standard bank tariffs
- Cash withdrawal from deposit account through plastic card – free of charge
- Withdrawal of accrued interest- free of charge
- Withdrawal of deposit amount through plastic card – in accordance with standard bank tariffs
- Withdrawal of deposit within limits of amount placed in cash – free of charge
- Withdrawal of deposit within limits of transferred amount – in accordance with standard bank tariffs
- Transfer on personal account - free of charge
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if within a month (incomplete month is not considered) the deposit balance is less than 400 GEL, 200 USD , 200 EURO , on the last day of every month commission fee equivalent of GEL 1 will be deducted from deposit account.
In case you are interested in obtaining detailed information on any of our products and calculation of effective interest rate , please contact us at 8 32 2 242 242, or visit any branch of the BTA Bank and be sure that with us is better!
