Foreign currency savings
We offer the citizens a possibility to deposit foreign currency funds for saving. Foreign currency accounts and foreign currency saving deposits can be held in the following currencies: EUR (euro), USD (American dollar), AUD (Australian dollar), CAD (Canadian dollar), DKK (Danish crown), JPY (Japanese yen), NOK (Norwegian crown), SEK (Swedish crown), GBP (British pound) and RUB (Russian ruble).
Foreign currency savings can be a vista savings and fixed term savings. The periods for fixed term savings are: 1 month, 3 months, 6 months, 1 year, 2 years and 3 years. Foreign currency savings in our bank provide you with the possibility of a monthly interest payment.
For fixed term foreign currency deposits we offer a possibility of placing the deposit with an option of:
- Savings with a possibility of time re-depositing at an interest rate valid at the moment of time re-depositing
- Savings with a possibility of fund transfer to a vista savings account upon the end of fixed term savings (without time re-depositing )
Savings in EUR
| Type of deposit | Foreign currency deposit with interest payment at the end of an accounting period |
| Type of currency used for deposit | EUR |
| Indexing criteria | There are no indexing criteria |
| Amount received as deposit | - Minimum amount of funds is not limited for a vista savings deposits - Minimal amount for fixed term deposit – 100 EUR |
| Period of time deposit is accepted for | A vista | 1 month | 3 months | 6 months | 12 months | 24 months | 36 months |
| Interest rate on annual level, fixed | 0,00% | 0,30% | 0,50% | 0,50% | 1,20% | 1,50% | 1,75% |
| EIR (on annual level) | 0,00% | 0,26% | 0,43% | 0,43% | 1,02% | 1,28% | 1,49% |
| Costs to be borne by the user are known at the moment of publication and are included in the calculation of effective interest rate |
| Tax liability - 15,00% |
| Costs to be borne by the user that are not known at the moment of publication |
| No additional costs |
Example
| Type of deposit | Foreign currency deposit with interest payment at the end of accounting period |
| Currency used by a client for the deposit | EUR |
| Indexing criteria | No indexing criteria |
| Amount received as the deposit by the bank | 5.000 EUR |
| Period deposit is accepted for by the bank | 12 months | ||
| Total savings upon the end of period of fix deposit enlarged for interest rate | 5.051,08 EUR | ||
| Interest rate, on annual level, fixed | 1,20% | ||
| EIR On annual level | 1,02% |
| Costs to be borne by the user are known at the moment of publication and are included in the calculation of effective interest rate |
| Tax liability - 15,00% | 9,01 EUR |
The examples show deadlines and amounts the clients are most often interested in. The accounting for another deadlines and amounts can be obtained at any other bank branch office.
The bank participates in the system of obligatory insurance of deposit at the Republic of Serbia
- Agencija za osiguranje depozita
Savings in USD
| Type of deposit | Foreign currency deposit with interest payment at the end of an accounting period. |
| Currency used to deposit funds | USD |
| Indexing criteria | No indexing criteria |
| Funds accepted by the Bank as deposit | - minimum amount of funds is not limited for a vista savings deposits - minimum amount of funds for fixed term deposit is 100 EUR, or the equivalent value in USD (middle exchange rate, NBS) |
| Period for which the Bank accepts deposits | A vista | 1 month | 3 months | 6 months | 12 months | 24 months | 36 months |
| Interest rate (on annual level, fixed) | 0,00% | 0,00% | 0,30% | 0,50% | 1,10% | 1,25% | 1,50% |
| EIR (on annual level) | 0,00% | 0,00% | 0,26% | 0,43% | 0,94% | 1,06% | 1,28% |
| Costs to be borne by the user are known at the moment of publication and are included in the calculation of effective interest rate |
| Tax liability - 15,00% |
| Costs to be borne by the user that are not known at the moment of publication |
| No additional costs |
Example
| Type of deposit | Foreign currency deposit with interest payment at the end of an accounting period. |
| Currency used by a client to deposit funds | USD |
| Indexing criteria | No indexing criteria |
| Funds accepted by the Bank as deposit | 5.000 USD |
| Period for which the Bank accepts deposits | 12 months |
| Total savings upon the end of period of fix deposit enlarged for interest rate ( Reduced by the amount of tax ) | 5.046,75 USD |
| Interest rate (on annual level, fixed) | 1,10% |
| EIR (on annual level) | 0,94% |
| Costs to be borne by the user are known at the moment of publication and are included in the calculation of effective interest rate | |
| Tax liability - 15,00% | 8,25 USD |
The examples show deadlines, currencies and amounts clients are most often interested in. Calculations for other deadlines, currencies and amounts may be obtained at any branch.
The bank participates in the system of obligatory insurance of deposit at
- Agencija za osiguranje depozita
Savings in other currencies
| Type of deposit | Foreign currency deposit with interest payment at the end of an accounting period. |
| Currency used to deposit funds | AUD, CAD, DKK, JPY, NOK, SEK, GBP, RUB |
| Indexing criteria | No indexing criteria |
| Funds accepted by the Bank as deposit | - minimum amount of funds is not limited for a vista savings deposits - minimum amount of funds for fixed term deposit is 100 EUR (middle exchange rate, NBS) |
| Period for which the Bank accepts deposits | A vista | 1 month | 3 months | 6 months | 12 months | 24 months | 36 months |
| Interest rate (on annual level, fixed) | 0,00% | 0,00% | 0,10% | 0,30% | 0,70% | 0,80% | 0,90% |
| EIR (on annual level) | 0,00% | 0,00% | 0,09% | 0,26% | 0,60% | 0,68% | 0,77% |
| Costs to be borne by the user are known at the moment of publication and are included in the calculation of effective interest rate |
| Tax liability - 15,00% |
| Costs to be borne by the user that are not known at the moment of publication |
| No additional costs |
Example
| Type of deposit | Foreign currency deposit with interest payment at the end of an accounting period. |
| Currency used by a client to deposit funds | AUD |
| Indexing criteria | No indexing criteria |
| Funds accepted by the Bank as deposit | 5.000 AUD |
| Period for which the Bank accepts deposits | 12 months |
| Total savings upon the end of period of fix deposit enlarged for interest rate ( Reduced by the amount of tax ) | 5.029,75 AUD |
| Interest rate (on annual level, fixed) | 0,70% |
| EIR (on annual level) | 0,60% |
| Costs to be borne by the user are known at the moment of publication and are included in the calculation of effective interest rate | |
| Tax liability - 15,00% | 5,25 AUD |
The examples show deadlines, currencies and amounts clients are most often interested in. Calculations for other deadlines, currencies and amounts may be obtained at any branch.
The bank participates in the system of obligatory insurance of deposit at
- Agencija za osiguranje depozita