Deposit Free No.1
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DepositCurrency
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Belarusian rouble, Euro, US dollar
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Minimum Deposit Amount
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1,000,000 Belarusian roubles/500 Euros/500 US dollars
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Maturity
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From 30 to 365 days. The Depositor can to choose the day of deposit maturity.
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Deposit Operation
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Additions are possible.
Minimum amount of an addition is 300,000 Belarusian roubles/100 Euros/100 US dollars.
Additions both in cash and non-cash are possible
Additions may be done depending on deposit maturity:
30-92 days- within 20 days prior to maturity
93-185 days- within 40 days prior to maturity
186-275 days- within 60 days prior to maturity
276-365 days- within 80 days prior to maturity
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Interest Rate
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Fixed.
The interest rate is bound to the refinancing rate of the National Bank of the Republic of Belarus and fixed at the day of a deposit opening according to the amount and term of the deposit.( Table 1)
The interest rate fixed at the day of a deposit opening shall not change up to maturity including in case of partial withdrawal of money within the amount which exceeds the minimum balance and covers all sums of additions.
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Periodicity of Interest Accrual and Payment
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At the option of the Client:
Monthly interest accrual and payment
Monthly interest capitalization
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Procedure of Deposit Amount Paymen
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The deposit amount shall be paid out on the day of maturity or on the day of pre-term termination (in case of pre-term termination).
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Early termination of the Agreement by Depositor
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It shall be carried out upon presentation of the written application for early termination to the Bank. In case of early termination the deposit interest shall be paid out at call rates based on the actual days of keeping of cash assets on the deposit. Liabilities of the Bank in respect of the deposit amount repayment due to early termination are reduced by credit to the difference amount of the interest accrued and that subject to settlement.
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Procedure of Revocation of Deposit Part
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It is possible to withdraw money during the deposit period without interest loss within the amount which exceeds the minimum balance.
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Automatic Prolongation Upon deposit period
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Deposit shall be prolonged automatically for the period equivalent to the initial period of the deposit at an interest rate and under conditions in force at the moment of prolongation for this deposit. If at the moment of the deposit maturity the acceptance of such deposits has been terminated the deposit amount shall be repaid to the Depositor.
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* Please, refer to the Bank’s employees for call deposit rate.
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Amount of Deposit
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Amount of Minimum Balance
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Maturity/Interest per Annum
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30-92
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93-185
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186-275
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276-365
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Fixed-term deposit in Belarusian roubles
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1,000,000-4,999,999
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1,000,000
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RF*
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RF+0,5 p.p**
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RF+1 p.p
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RF+1,5 p.p
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5,000,000-9,999,999
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5,000,000
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RF+0,5 p.p
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RF+1 p.p
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RF+1,5 p.p
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RF+2 p.p
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10,000,000-19,999,999
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10,000,000
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RF+1 p.p
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RF+1,5 p.p
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RF+2 p.p
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RF+3 p.p
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20,000,000 and more
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20,000,00
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RF+1,5 p.p
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RF+2 p.p
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RF+3 p.p
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RF+4 p.p
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Fixed-term deposit in Euros, US dollars
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500-2,999
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500
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5
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5.5
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6
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6.5
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3,000-4,999
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3,000
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5.5
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6
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6.5
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7
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5,000-9,999
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5,000
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6
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6.5
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7
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7.5
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10,000 and more
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10,000
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6.5
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7
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7.5
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8
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* PF- the refinancing rate of the National Bank of the Republic of Belarus
** p.p- percentage points
Agreement of term bank deposit of an individual. (
120Kb)