Experience the power of extreme flexibility - something that is always appriciated!
"Term+" Deposit Interest Rates & Other Conditions:
Deposit Term
USD
EUR
GBP
GEL
3-5 months
4.50%
4.50%
4.25%
8.00%
6-8 months
5.50%
5.50%
5.25%
9.00%
9-11 months
6.00%
6.00%
5.75%
9.50%
12 months
6.50%
6.50%
6.25%
10.50%
13-14 months
6.75%
6.75%
6.50%
10.75%
15-17 months
7.00%
7.00%
6.75%
11.00%
18-23 months
7.25%
7.25%
7.00%
11.25%
24 months
7.50%
7.50%
7.25%
12.50%
The table displays annual interest accrued in case the yield is withdrawn upon maturity/at the end of each year cycle.
Monthly interest withdrawals will cause the yield to lower by 0.5%. The accrued interest will be transferred to a current account of the legal entity.
For the deposits amounting 1.000.000 GEL and more, the individual interest rates are set on the basis of additional agreement with the Bank.
Other Terms:
Account opening and transactions - free of charge;
Besides the cash operations, internal transfers and Internet Banking transactions are acceptable to make additional deposits on the Term Plus deposit;
In the event of premature cancellation of agreement the deposit will accrue 4% less interest than it would have for the actual period from the date of opening till the date of termination.(Already withdrawn interest yield will be deducted from the principal sum.)
Interest accrued is not subject to taxation, unless the owner of the deposit is a licenced financial institution.
Note!
In order to open Savings or Term Deposit accounts, you need to opened a Corporate Current Account first.