Annuity savings in the currency of GBP
- Key features
- Representative example
Annuity savings in the currency of GBP
| Deposit type | Foreign currency deposit with monthly interest payment, Annuity savings |
| Currency in which the client places a deposit | GBP |
| Criteria for indexing | No criteria for indexing |
| The amount of funds that the Bank receives into deposit | minimum payment in the amount of 500 units |
| Time period for which the Bank receives the deposit | 12 months | 24 months | 36 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 type | Foreign currency deposit with monthly interest payment, Annuity savings |
| Currency in which the client places a deposit | GBP |
| Criteria for indexing | No criteria for indexing |
| The amount of funds that the Bank receives into deposit | 5,000 GBP |
| Time period for which the Bank receives the deposit | 12 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 |
You can receive other calculations regarding this product in any of our Bank branches
