Annual interest rate
| Currency | Calculation of interest |
12 month |
18 month |
24 month |
|
AZN |
Per month |
5.50% |
5.75% |
6.00% |
| At the end of the term |
6.00% |
6.25% |
6.50% |
|
|
USD |
Per month |
0.50% |
- |
- |
| At the end of the term |
0.50% |
- |
- |
Term of deposit
12 months (AZN / USD)
18 months (AZN)
24 months (AZN)
Minimal amount
100 AZN/USD
Мaximal amount
AZN – unlimited
USD – unlimited (Deposits of 18.24 months is not accepted in USD currency)
Currency
AZN/USD/EUR
(Terms of placement of a deposit in EUR currency are determined by mutual agreement of the parties)
Calculation and payment of interest
Interests is transferred to a current or card account for interest payments on a monthly basis at the customerəs request.
Replenishment of the account
The amount of one-off replenishment must not exceed 100 000 AZN/USD
Depositing of additional funds are possible during the first 6 months of the period.
Partial withdrawal of deposit
Not allowed
Early withdrawal of deposit
In case of withdrawal of deposit ahead of schedule amount of the earlier paid interest will be deducted from the primary amount of the deposit. Interest for the actual term of deposit is calculated as follows:
| Currency | Up to 6 months |
From 6 months to 12 months |
From 12 to 18 months |
From 18 month to 24 month |
|
AZN |
0.00% |
2.00% |
2.50% |
2.50% |
|
USD |
0.00% |
0.00% |
- |
- |
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