Time deposit with a return up to 7.000% for Lei and 4.000% for Euro and interest paid in advance

Deposit characteristics

• Available for individuals, professionals and companies
• Deposit offered in Lei and Euro for 3, 6 and 12 months
• The nominal interest can be paid in advance at the opening of the deposit or capitalised
• No renewal option
• Zero cash withdrawal fee at maturity for individuals and professionals
• Minimum amount: Lei 2,000 or Eur 500

Annual interest rate

At the opening of the deposit you can choose between receiving the nominal interest in your account or capitalising the nominal interest

Lei

Euro

*The nominal interest rate is applied to the deposit amount and is paid in advance

** The effective interest is obtained at the maturity of the deposit and is calculated at nominal interest

Breaking the deposit before maturity

• Interest applied: 
• Current account interest rate in force, if the deposit is broken in the first half of the deposit period established in the contract;
• Double current account interest rate in force, if the deposit is broken in the second half of the deposit period established in the contract.
• Standard cash withdrawal fee, based on the List of fees and commissions in force
• The interest paid in advance will be withheld from the initial capital

Benefits of Tot Inainte deposit

• Receive a free Visa Classic Lei debit card (0 issuing fee)
• Free Online Banking service for the account holder and the users (0 administration fee, 0 DigipassTM tax)
• Zero withdrawal fee using Bank of Cyprus card at the ATMs of Bank of Cyprus and Banca Transilvania (over 750 ATMs all over the country)
• You can benefit from an overdraft facility up to 60% of the deposit amount; no justifications, no analysis and administration fees

Time deposits and saving accounts are covered by the Deposit Protection Scheme from Cyprus up to Euro 100,000 or the equivalent in any other currency.