Universal Deposit details
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Unlimited deposit and withdrawal options
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No mandatory monthly fee is required
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Possibility of receiving more benefits in case of having a static (unchanged) balance on the deposit
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Guaranteed acceptable interest benefit in case of 2 or more withdrawals (debit) from the deposit
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Ability to receive interest benefits with flexible periodicity (monthly).
Possibility of early termination of the contract
The deposit is insured within the framework of the Law of Georgia "On Deposit Insurance System". In case of a change in the important terms of the contract, the user will be informed at least 2 (two) months before the change, and in case of an increase in the price of another financial product at least one month in writing, by email, internet banking and short text message. The customer has the right to submit a claim to any branch, service center or head office of the bank, orally, in free writing, in standard written or electronic form.
Interest Rates on Cash Deposits
| Currency | Nominal | Effective* |
|---|---|---|
| GEL | 4.50 % | 4.39% |
| USD | 0.85% | -2.95% |
| EURO | 0.50% | -3.29% |
*The effective interest rate is calculated on the condition of placing 10 000 units on the deposit.
Both resident and non-resident legal entities can open a deposit
You can withdraw the benefit at any desired moment
If you open a universal deposit, you will get unlimited access to the deposit and improved interest benefits
