GYRO ACCOUNTS
Main characteristics
Gyro account may open individual clients who receive extraordinary income.
Inflow of the funds on the gyro account is carried out by the payment in cash or by the transfer of funds from other individual clients or legal entities accounts.
Account owner or authorized person manages funds on gyro account up to the current balance by:
•cash deposit / withdrawal order form
•permanent order form
•transfer payment order
Account owner may authorize another person to manage his gyro account.
Notes
•An overdraft is not permitted on gyro account
•Necessary documentation for opening of gyro account:
•Personal card or passport (Copy is left in your file with other documents)
•Client receives Gyro Account Card and original of Gyro Account Opening Agreement.
Charges
•opening of Gyro account and issuing a Gyro account card issuance – free of charges
•cash withdrawal – free of charge
Interest rates
•interest rate for sight deposits – 0,75% p.a.
PERSONAL CURRENCY ACCOUNTS
Main characteristics
Personal currency account may be opened by both residents and non-residents.
Personal currency account is used for following incoming foreign payments: foreign currency earnings, foreign currency pensions, cash currency incoming/outgoing payments and other kinds of transfers.
Advantages
Foreign currency funds may be used for:
•Currency cash withdrawal
•Taking out from the country as a cash for touristic/travel purpose
•Transfer in favor of other currency accounts owners
•Currency account maintenance is free of charges
•Currency account may be opened in all branches
Account owner may authorize another person to manage his currency account.
Notes
•An overdraft is not permitted on currency account
•Necessary documentation for opening of personal currency account:
•Personal card or passport (Copy is left in your file with other documents)
•Client receives Currency Account Card and original of Currency Account Opening Agreement.
Charges
•Opening of Currency account – free of charges
•Currency account card issuance – free of charges
•Cash withdrawal – free of charges
Charges are determined in accordance to the Decision on Bank’s tariffs
Interest rates
•interest rate for sight deposits – 0,75% p.a.
