Deposits
You want to both save and put your money to work. Choose the deposit product that best meets your needs at AccessBank. By opening a deposit with AccessBank, you ensure the security of your money while growing it with competitive interest rates! AccessBank offers several deposit account options to meet your needs.
| AccessBank is a member of the Deposit Insurance Fund since August 2007 |
 |
"TERM DEPOSIT"
Invest as little as 50 AZN/ USD/ EUR at the Bank for a term from 6 months 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.
The interest rates for Standard Deposit accounts in various currencies are specified in the table below:
* For monthly interest payments, the interest rate will be less than that specified in the table by 0,5%.
* In case of monthly payment of interests the interest rate will be less that that specified in the table for 0,5%.
The efficient interest rate in this type of deposit account differs from the nominal interest rate. For example, the interest rate offered in 5-year term for amount of AZN 5000 will be equal to 8.6%.
|
.jpg) |
"SAVINGS DEPOSIT"
The Savings Deposit account is the perfect way to save your money!
If you dream to travel, to improve your home or to purchase a car, then open a “Savings Deposit”, save your money and make your dreams come true.
Choosing this type of deposit account allows you to customize everything from the deposit term to the amount of monthly savings. At the end of the term, you receive the whole amount you deposited along with interest and bonuses accrued! Start with 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 Saving Deposit 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.
|
"INSTANT ACCESS DEPOSIT"
If you want to grow your deposit, yet have the flexibility to use your money freely, then the Instant Access Deposit is the product for you!
The Instant Access 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 convenience!
Benefits:
• 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;
• Add to your account with a deposit of any amount at any time;
• Accrue high interest rates on your deposited funds monthly (i.e. 6% per annum for AZN and USD and 3% 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)
|
