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| Daily |
Deposit "DAILY" is a way of free allocation of monetary funds. You have opportunity to:
- yourself, without any limitations, determine your deposit term within 30-545 days interval*
- in case of daily deposit the interest rate is calculated on basis of interest rates defined for deposit "Progress" with the following formula:
I = A+(B-A)/(C)*(D), wherein:
I - interest rate for the deposit "DAILY"
(A) - interest rate of the shorter time being the nearest one to the deposited amount
(B) - interest rate of the longest term being the nearest one to the deposited amount
(C) - the difference of the days between the shorter or longer term time deposits closest to the deposit
(D) - the difference of the days between the deposit and the shorter term time deposit closest to it
The deposits are accepted as follows:
|
Deposit currency |
Deposit amount |
|
AMD |
starting from 100 000 |
|
USD |
starting from 500 |
|
EUR |
starting from 500 |
Necessary documents
Dear customers,
Please read the below stated very attentively:
The interests against the account amounts of the depositor are calculated on the basis of nominal interest rate and the annual profitability shows the possible income in case of depositing interest amounts. You can find the procedure and an example of calculating annual profitability in the link below:
The procedure and an example of calculating and paying deposit interests / according to Regulation 8/02 of the RA Central Bank "On calculation of annual interest profitability of bank deposits"/.
DEPOSIT "DAILY"
Preferred terms/flexible rates
© CONVERSE BANK cjsc 2012. All rights reserved. Developed by Smart Systems LLC.