Standard term deposits

VTB offers a variety of term deposit plans to meet all your investment needs. Once you choose your plan, you can either call one of the bank’s offices or regional branches, or make use of one of several electronic options – our remote banking system, secure email system or the Bloomberg or Reuters Dealing systems.



Types of deposits

We offer the following types of term deposits:

This service is offered to corporate clients who wish to deposit their liquid ruble, US dollar or euro assets for one working day (if the deposit transaction is performed on Friday, the amount is deposited through Monday) at rates set by the treasury.

The funds can be transferred from the customer’s accounts with VTB Bank or with other banks. To perform the transaction, customers can either use traditional paper forms or one of our paperless options – our remote banking system, VTB’s secure email system, or the Bloomberg or Reuters Dealing systems.

The minimum initial overnight deposit (one working day) is RUB 1 million or US$/€ equivalent.

Rates are quoted daily.

Denominated in: Russian rubles, foreign currencies. 
Minimum initial deposit: none. 
Maximum amount: none. Maturity: from 2 to 1,095 days. 
Interest: rate depends on the amount and maturity period of the deposit. 
Interest payment: monthly or upon maturity. 
Funds cannot be added or withdrawn prior to maturity. 


Other features:

  • The deposit amount can be withdrawn early if you chose this option when signing the deposit agreement.
  • In case of early withdrawal, interest for the actual period of placement is accrued at the “on demand” rate effective on the date of signing of the deposit agreement.

Denominated in: Russian rubles, foreign currencies. 
Minimum initial deposit: RUB 2 million / US$/€ 200,000. 
Maximum amount: none. 
Maturity: 61 to 365 days. 
Interest: fixed rate depends on the amount and time of the deposit. 
Interest payment: upon maturity.  
  
Other features:  

  • Money can be added at any time;
  • Part of the deposit can be withdrawn provided a minimum balance is maintained. The minimum initial deposit is the minimum required balance and cannot be withdrawn before maturity;
  • The total amount added minus partial withdrawals should not exceed double the initial deposit.

Denominated in: Russian rubles, foreign currencies. 
Minimum initial deposit: zero in rubles/ US$/€ 500,000. 
Maximum amount: RUB 450 million /US$ 15 million/€ 10 million. 
Maturity: 60, 90, 120, 180, 270 or 360 days. 
Interest: fixed rate depends on the amount and maturity period of the deposit, separately for each interest period (for deposits with maturity period of 60, 90, and 120 days the interest period is a multiple of 30 days, for deposits with maturity period of 180, 270, and 360 days the interest period is a multiple of 90 days). Each interest period begins on the day following the day of receipt of the deposit by the Bank. The end date of the last interest period is the end date of deposit (inclusive). 
Interest payment: upon maturity or upon early withdrawal. 

Other features:  

  • The amount of the deposit can be withdrawn before maturity and even before the first interest period.
  • In the event of early withdrawal, interest for the fully elapsed interest periods is paid at the agreed rate;
  • Interest for the days from the end of the last full interest period until the call date is paid at the call rate.
  • Funds cannot be added or partially withdrawn.

Denominated in: Russian rubles, foreign currencies. 
Minimum initial deposit: none. 
Maximum amount: none. Maturity: 548 days. 
Interest: fixed rate depends on the amount and maturity period of the deposit. 
In the event of early withdrawal, interest is paid at the agreed rate that applies to the actual term of the deposit (91, 181, 271, 365 or 456 days). 
Interest payment: upon maturity or upon early withdrawal. 

Other features:  

  • Funds can be fully withdrawn prior to maturity, but only on specific days (days 91, 181, 271, 365 or 456).
  • Funds cannot be added or partially withdrawn.