Through child deposit you can start thinking about your children’s future from today! With minimum efforts you will be able to secure your children’s education, or conditions necessary for their comfortable living.
- Currency - GEL / USD / EUR;
- Minimal amount - 5 GEL / 5 USD / 5 EUR;
- Maximal amount – no limit;
- Minimal Monthly Installment - not required;
- Term - minimum 3 month - until adulthood;
- Accrual of the interest rate is made once a year after one year from the deposit opening;
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