With the stepped interest rate savings model of interest accrual and payment, you save long-term and chose to have earned interest paid to you either at the end of term or periodically.
No, we maintain these accounts free of charge.
You may choose between RSD, EUR, USD and CHF savings account.
Yes, it is. You may make cash deposits at the Bank’s cash desk or deposit cash in multifunctional ATMs available in our 24/7 Zones
Yes, of course it is! There’s a wide range of savings products we’ve created for nonresident private individuals.
Yes, the insured amount of deposit at the Bank is up to EUR 50,000 per depositor. This insurance includes standard deposits, savings deposits, current accounts, and funds in other monetary accounts as well as all other temporarily deposited funds, as part of regular banking operations, which the Bank is to return to the client in accordance with its regulatory or contractual obligations.
Interest on sight deposits, so called a vista deposits, is accrued at the end of calendar year whereas interest on term deposits is calculated, accrued and paid depending on the model of term deposit you opt for: At the end of term As soon as term savings deposit is placed Monthly
Yes, as soon your place your funds as a term deposit, accrued interest will immediately be available in your sight deposit account.
Funds placed as a fixed term savings deposit are available upon maturity. But if you need them sooner, you may apply for early termination of the term deposit. It is very important to know that in case of early termination of your term deposit, funds with the monthly interest payment and payment of interest in advance options, the amount to be paid stands for the amount of deposited funds, minus previously accrued and paid gross interest, in advance or monthly, increased by net interest calculated at the rate applicable to sight deposits in EUR.
For example, you sign the agreement on 19th February and make the first cash deposit. You may make a deposit for the following month as early as 1st March and until 31st March, and so on. You will not use your entitlement to bonus interest if you make the deposit on 31st March, for example. It is important that every calendar month you make the contractually agreed deposit. The Bank will accrue interest starting from the day you make the deposit in your gradual growth savings account.
No, you may make only one deposit during calendar month.
No, the only amount you can pay is that which is specifically defined in the agreement. It cannot be either higher or lower.
Yes, you can do that.
Yes, you can. And this is the best solution.
Sight deposits means that all funds which you have placed are readily available to you at any time. So, there are no dates when interest is due, you are completely free to use the funds in your account any way you like.
If you save in the local currency, you don’t have to pay any tax. If you save in a foreign currency, income tax of 15% is paid.