Annuity savings in the currency of GBP

  • Key features
  • Representative example
Annuity savings in the currency of GBP
Deposit typeForeign currency deposit with monthly interest payment, Annuity savings
Currency in which the client places a depositGBP
Criteria for indexingNo criteria for indexing
The amount of funds that the Bank receives into depositminimum payment in the amount of 500 EUR or its equivalent in GBP (middle exchange rate of NBS)
Time period for which the Bank receives the deposit12 months24 months36 months
Interest rate (on an annual basis, fixed)0.40%0.50%0.60%

Effective interest rate (on an annual basis)

0.34%0.43%0.51%
Costs which are borne by the user, are known at the time of publication and are included in the calculation of the effective interest rate
Tax liability - 15.00%
Costs borne by the user and are not known at the moment of publication
No additional costs
Representative example
Deposit typeForeign currency deposit with monthly interest payment, Annuity savings
Currency in which the client places a depositGBP
Criteria for indexingNo criteria for indexing
The amount of funds that the Bank receives into deposit5,000 GBP
Time period for which the Bank receives the deposit12 months
Total savings upon expiry of the term period increased by the amount of interest (reduced by the amount of tax liability)5,016.99 GBP
Interest rate (on an annual basis, fixed)0.40%

Effective interest rate (on an annual basis)

0.34%
Costs which are borne by the user, are known at the time of publication and are included in the calculation of the effective interest rate
Tax liability - 15.00%2.99 GBP

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