Deposit with a progressive rate

Deposit with a progressive rate

Deposit with a progressive rate is a type of deposit that allows you to place temporarily available funds for a short period of time, while if the bank deposit agreement is terminated early, the accrued interest for the previous months is preserved.

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Value for the customer

Effective management of temporarily available funds

Market interest rate that allows you to get a high return with no limitations on the early withdrawal of the entire deposit sum

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Basic terms of service

Deposit term:  6 months.

Without the possibility to replenish or partially reduce the deposit amount.

Deposit currency:  UAH, USD, EUR.

Minimum deposit amount:  100,000 UAH/equivalent in USD.

In case of early termination of the bank deposit agreement:

  • If an early withdrawal is made in the first calendar month of placing the funds on the deposit, the interest for the current month is accrued/recalculated at the interest rate set for deposits on demand.
  • If an early withdrawal is made in the following calendar months of placing the funds on the deposit, the interest for the current month is accrued/ recalculated in the amount of ¼ of the interest rate set for the current period of the deposit placement.

The accrued and paid interest is not recalculated for the previous months.

Interest is accrued and paid  on the deposit on a monthly basis.

Type of interest rate:  progressive (the amount of the interest rate increases proportionally with the increase in the term of the funds placement on the deposit).

Term deposit. Information sheet