Individuals can open accounts remotely- via email, telephone to facsimile. Accounts will be opened by personal bankers of TBC STATUS. (See detailed Accounts Opening Instruction)
You can transfer any sums of money from TBC Bank account to the most countries worldwide (less the places with the United States embargo - Columbia, Cuba, Iran, Sudan, Cote d’Ivoire, Somalia, Myanmar, North Korea)
Conversion is possible between own accounts at any time. Conversion can apply to deposit products as well (subject to commission charge). Conversion can be performed via Internet banking or with the help of personal banker
To ensure a third person to enjoy full or partial rights to a certain or all accounts opened at TBC Bank, a client should to draw up a Power of Attorney (general or limited) for this third party under the basis of which the third person will be able to obtain information and manage accounts.
According to TBC STATUS Special Offer, the minimum balance requirement does not apply to plastic cards and saving type accounts. Minimum balance requirement for term deposits is USD 25,000 (or equivalent thereof)
Commission for withdrawal of money from ATM is different for different cards; VISA GOLD cards which are issued free of charge for depositary clients have 0% commission for withdrawal from any ATM.
As for STATUS CARD and VISA PLATINUM cards, money withdrawal commission is as follows:
In case of term deposits, interest rate is calculated according to a simple accrual principle – interest is imposed only to the principal sum.
In case of saving-type and plastic card accounts, interest is calculated according to a complex accrual principle; on monthly basis (i.e. if a client does not withdraw an accrued interest from the account, interest income is added to the principal amount and the next month interest will be accrued on total amount).
