Welcome
ADVANCE PAYMENT OF INTEREST ON FOREIGN CURRENCY DEPOSITS IN EUR
Deposit characteristics
| Type of deposit | Foreign currency deposit with interest payment at the start od period |
|
Amount of deposit |
Minimum amount EUR 500 |
|
Currency |
EUR |
|
Criteria for indexation |
No indexation |
|
Costs for client (tax, etc) |
Tax 10.00% |
Terms of deposits
| Period |
Nominal interest rate for deposits in EUR (fixed, annual) |
| Fixed-term deposits 6 months |
2.75% |
| Fixed-term deposits 6 months |
3.25% |
| Fixed-term deposits 12 months |
3.85% |
*Interest rates are presented in gross amounts. Presented nominal interest rates are equal to effective interest rates.
The Bank calculates and pays tax on interest income, charging the depositor.
EXAMPLE
| DEPOSIT CHARACTERISTICS |
Deposit amount - EUR 5,000 Tax - 10,00% . |
|||
| Period |
Total accrued interest in EUR |
Total costs for client(tax,...) in EUR |
Total amount to be paid to client in EUR |
Effective interest rate p.a. |
| Fixed-term deposits 3 months |
33.86 |
3.39 |
5,030.47 |
2.49% |
| Fixed-term deposits 6 months |
80.62 |
8.06 |
5,072.56 |
2.97% |
| Fixed-term deposits 12 months |
192.53 |
19.25 |
5,173.28 |
3.59% |
The bank participates in the system of obligatory deposit insurance of the Republic of Serbia.
You can find more information about deposit insurance on the website of Deposit Insurance Agency.
(032) 302 121, 302 126