AccessBank offers several types of savings account
for legal entities: Standard and AZAD Deposit Accounts
also available to individuals and a special deposit
account for legal entities.
"STANDARD DEPOSIT"
Invest as little as 50 AZN/ USD/ EUR in an
AccessBank Standard Deposit account for a term
of 3 month to 5 years and choose the way you
would like to receive interest payments – interest
may be paid to you monthly or at the end of
the term. Also, “Standard Deposit” allows take
loan up to 80% of the deposit amount
The interest rates for Standard Deposit
accounts in various currencies are specified
in the table below:
| |
|
Annual
interest rates (AZN / USD) |
| |
Term
(days) |
90-179 |
180-269 |
270-359 |
360-549 |
550-1079 |
1080-1799 |
1800 |
|
|
|
|
|
|
|
|
|
|
| |
50 - 250 000 |
8% |
10% |
12% |
13% |
15% |
16% |
17% |
| |
more that 250 000 (*) |
6% |
8% |
10% |
12% |
13% |
15% |
16% |
* In case of the client’s deposit amount exceeds 250 000 AZN/USD.
* Monthly interest payments for deposits opened in AZN and USD for a term of up to 1080 days are 0,5% less than the stated rate.
* Monthly interest payments for deposits opened in AZN and USD for a term of more than 1080 days are 4% less than the stated rate.
| |
|
Annual
interest rates (EURO) |
| |
Term
(days) |
90-179 |
180-269 |
270-359 |
360-1199 |
1200-1800 |
|
| |
min. 50 |
3% |
4% |
5% |
6% |
8% |
* The effective interest rate in this type
of deposit differs from nominal interest. E.g.
the efficient interest rate offered in 5-year
term for amount of 5000 AZN is 13,3%.
