Open deposit without term and monthly installments.
Visit "Silk Road Bank” JSC, open the Demand Deposit and make sure that it is better with us!
- Currency - GEL / USD;
- Minimal amount - no lomit;
- Maximal amount – no limit;
- Minimal balance - 400 GEL / 1500 USD;
- Term - unlimited;
The interest rate is charged in compliance with "Complicated interest rate rule” and is added to the principle deposit amount at the end on the last day of every month;
- When deposit balance does not exceed minimum balance within 6 months and active transactions have not been made during that period, then deposit maintenance fee in the amount of 1 GEListo be paid on the last day of every month, before any active transaction is made on the account;
- Withdrawal of deposit within limits of amount placed in cash – free of charge
- In case of non-cash transfer, withdrawal of deposit from the account is made in accordance with the standard bank fees;
Deposit placed in foreign currency contains quite a high risk. Accrued interest in GEL may be significantly decreased by currency rate fluctuation.
Deposit insurance system
From January 1st, 2018, the Bank is a member of a deposit insurance system established in Georgia in accordance with the Law of Georgia on Deposit Insurance System, whereas in case of insurance event, each individual depositor is entitled to receive a compensation from the Deposit Insurance Agency, within the limit of 15,000 GEL. The amount above the limit shall be compensated as provided under the effective legislation of Georgia
For more information on deposit insurance system, visit web site at: www.diagency.ge