Placement of funds on current account

Payment of accrued interest on average monthly balance of funds on current accounts

The interest on the average monthly funds on current accounts in Russian rubles is calculated based on amount of average monthly balance and amount of daily balances available at the beginning of each working day during the month.

The minimum amount for placement is 2 million Russian rubles.

The maximum amount is not fixed.

The term for keeping the average monthly balance is 6 months.

The interest rates are set based on the amount of average monthly balance and amounts of daily balances.

The interest accrued is paid monthly, on the last working day of a month.

When failing to comply with a condition to keep average monthly balance, the interest for a period less than a month is accrued in accordance with terms specified in Agreement on bank account. 

Payment of accrued interest on fixed balance of funds on current accounts

Fixed balance is similar to a deposit placed on a current account.

The interest on fixed balance on current accounts in Russian rubles/ US dollars/euros is calculated only if case if the balance is kept on the current account for the whole period specified in Additional agreement to Agreement on bank account.

The minimum amount for placement is RUR 500 thousands or USD/EUR 15 thousands.

The maximum amount is not fixed.

The term for keeping the average monthly balance is can be set within the range between 31 days and 365 days.

The interest rates are set based on the amount of the fixed balance and term for its placement; rates do not change over the period of placement.

The interest accrued is paid on a date following the end of the term.

When failing to comply with a condition to keep fixed balance the interest income is calculated in accordance with terms specified in Agreement on bank account.