By opening a deposit with AccessBank, you ensure
the security of your money while multiplying
it with competitive interest rates! AccessBank
offers several deposit accounts to meet your
needs.
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AccessBank is a member of the
Deposit Insurance Fund since August 2007.
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"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:
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|
Annual
interest rates (AZN / USD) |
| |
Term
(days) |
90-179 |
180-269 |
270-359 |
360-549 |
550-1079 |
1080-1799 |
1800 |
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50 - 250 000 |
8% |
10% |
12% |
13% |
15% |
16% |
17% |
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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.
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|
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%.
"DEPOSIT+"
A DEPOSIT+ Account is the perfect way to save
your money!
Choosing this type of deposit account allows
you to customize everything from the deposit
term to the amount of monthly investment. At
the end of the term, you receive the whole amount
you deposited along with interest and bonuses
accrued!
Invest as little as 50 AZN/USD/EUR and make
regular installments of at least 5 USD/AZN/EUR
for additional bonuses above the already high
interest rates.
A Deposit + Account
offers:
- High interest rates;
- Accessibility (deposit amounts starting at
only 50 AZN, USD or EUR)
- Extra bonuses and interest
- Additional deposits may be as little as 5
AZN, USD or EUR
- No restrictions on additional deposit amounts.
| |
Currency |
Annual
interest rates |
| |
Term
(days) |
180-269 |
270-359 |
360-549 |
550-1079 |
1080-1199 |
1200-1800 |
| |
AZN \ USD |
9% |
10% |
12% |
13% |
14% |
15% |
|
|
EURO |
3% |
4% |
5% |
5,5% |
5.5% |
7% |
|
| |
Bonus |
1% |
"INSTANT
ACCESS DEPOSIT"
If you want to make income on your funds yet
have the flexibility to use them freely, “Accessible
Deposit” is the deposit product for you!
“Accessible Deposit” does not limit the terms
or deposit amounts on your account. Simply choose
the currency and amount you would like to deposit
and use your funds at your own disposal!
Benefits:
• Minimal initial deposit of AZN / USD / EUR
50;
• Minimal additional deposits of AZN / USD /
EUR 5;
• Deposit money into your account via cash deposit
or transfer;
• Withdraw any amount from your account at any
time;
• Replenish your account with a deposit of any
amount at any time;
• Accrue high interest rates on your deposited
funds monthly (i.e. 8% per annum for AZN and
USD and 6% per annum for EUR);
• There is no limit on the term of your deposit
account (you may close the account any time);
• Unless you withdraw interest payments monthly,
interest will accrue on previous interest accruals
(interest capitalization).
