Spend and Save freely!
There is no minimum fixed amount, no time limitations and no monthly installments. Open savings deposit at the Silk Road Bank, withdraw amount from your deposit account any time, return it any time you want and get your guaranteed income.
Visit "Silk Road Bank” JSC, open the saving Deposit and make sure that it is better with us!
- Currency - GEL / USD;
- Minimal amount - no lomit;
- Maximal amount – no limit;
- Minimum balance – the minimum balance indicated in the deposit account during the month;
- The difference between balances - the difference between the minimum balance and the actual balance of each day;
- Term - unlimited;
Accrual of interest on the minimum deposit amount fixed within a month as well as on difference between minimum amount and actual daily balance;
- If within a month (incomplete month is not considered) the deposit balance is less than 400 GEL, 200 USD, on the last day of every month commission fee equivalent of GEL 1 will be deducted from deposit 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