|
Golden Deposit
 |
|
|
Secured with Gold!
|
|
Receiving guaranteed interest rate is always a pleasant permanence. But what if you could get more?
We have developed a deposit that will help you get the most out of your savings.
|
|
|
|
Account description |
Gold that the bank buys guarantees additional security of the deposit. Interest accrued is in accordance with the price of gold. For instance, if in one year the price of gold:
-
Decreases or increases from 0% to 7% - interest accrued will be guaranteed 7%;
-
Increases from 7% to 14% (e.g. 12%) – interest accrued will be the same as the price increase (12% in our example)
-
Increases for more than 14% – deposit will accrue maximum interest rate of 14%.
|
|
Main advantages |
|
|
Interest |
7%-14% in USD
Interest is accrued on the deposit at the end of its term |
|
Fees |
Opening the deposit - FREE |
|
Min. initial deposit |
500 USD |
|
Other terms |
In the event of premature cancellation of agreement, the deposit will accrue 2% from the date of opening until the date of termination |
| Taxation |
Interest accrued is not subject to taxation, unless the owner of the deposit is a licenced financial institution. |
Golden Deposit - Secured with Gold!
For the deposits amounting 1.000.000 GEL and more, the individual interest rates are set on the basis of additional agreement with the Bank.
|
|
