MKD term deposits
Regular savings refer to all types of deposits, in MKD or foreign currency. Funds intended for saving may be in MKD without FX clause or in foreign currency.
- Savings periods – 15 days, 1, 3, 4, 6, 8, 12, 15, 24 and 36 months
- Interest calculation – annually, with adjustable annual interest rates calculated under Proportional Method
- Interest is disbursed in the same currency as that of the deposit
- Interest disbursement:
o at the end of the period, monthly interest calculation added to the principal deposit
o Monthly interest disbursement on the transaction account requested by the client
Early withdrawal of the deposit (early termination of the deposit).
Early termination of the deposit is strictly regulated and limited by internal procedures. In case of early termination of the deposit, interest rate on sight deposit is paid for the total deposit amount.
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Sight
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0.00%
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1 month
|
0.02%
|
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3 months
|
0.20%
|
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4 months
|
0.20%
|
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6 months
|
0.60%
|
|
8 months
|
0.60%
|
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12 months
|
1.40%
|
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14 months
|
1.40%
|
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15 months
|
1.40%
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24 months
|
2.50%
|
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36 months
|
2.90%
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