The Bank enables you depositing of your cash assets for an agreed period, whereby you are provided with additional income based on the interests that the Bank pays on your fixed-term deposits.
Deposits for which the Bank pays interest are:
- BAM /foreign currency demand deposits
- Fixed-term BAM / foreign currency deposits
- Deposits with currency clause
- Purpose deposits (BAM and foreign currencies)
Interest rate is calculated according to the Decision on Interest Rates. It is calculated and paid every last day of the month, at maturity of the fixed-term deposits, or at the end of calendar year for demand deposits.
Interest that the Bank is paying for fixed-term deposits is calculated based on currency, amount and the period of depositing of funds. In case of depositing of larger amount with safe deposit term funds, interest rate is regulated with the Specific Agreement contracted with the client. Before signing of the contract, the Bank informs the client about nominal and effective interest rate.
If you entrust your funds to BOR Bank, we offer you the following:
- Safety of your funds;
- Flexible conditions of depositing;
- Possibility of making short-term and long-term deposits;
- Calculation and monthly payment of interest to your account;
- Stimulating conditions for long-term deposits of your funds.