Foreign Exchange Term Deposit - USD

Annual interest rates
Term period up to 100.000,00 USD 100.000,00 USD - 250.000,00 USD over 250.000,00 USD above 500.000,00 USD
Deposit with 1 month term 0.20% 0.30% 0.40% 0.50%
Deposit with 3 months term 0.30% 0.40% 0.50% 0.60%
Deposit with 6 months term 0.40% 0.50% 0.60% 0.70%
Deposit with 12 months term 0.50% 0.60% 0.70% 0.80%

Note: Nominal interest rate is equal to effective interest rate.

REPRESENTATIVE EXAMPLE as at 27.03.2015

Deposit amount 100.000,00 USD
Term period Total interest accrued in USD Costs paid by client (tax, etc.) in USD Total to be paid to client in USD Effective interest rate p.a.
Deposit with 1 month term 16.97 0 100,016.97 0.20%
Deposit with 3 month term 75.52 0 100,075.52 0.30%
Deposit with 6 month term 201.45 0 100,201.45 0.40%
Deposit with 12 month term 501.03 0 100,501.03 0.50%

 

The Bank participates in the Republic of Serbia system of obligatory deposit insurance.

You can find any further information of deposit insurance on the website of the Deposit Insurance Agency.