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frequency and method of interest payment.

Posted: Sun Dec 22, 2024 6:38 am
Please note the mechanism for calculating interest: it may vary for savings accounts, and the rate for the savings account may also depend on this. Interest may be calculated on the actual balance of funds in the account, on the minimum balance of funds during the month, on the average monthly balance, and may also depend on the continuous period of the minimum balance in the account.

Currency and ruble deposits
You can open a deposit and savings account in both rubles and foreign currency. Mostly, we are talking about US dollars ($) , euros (€) and yuan (Ұ) , but if you wish, you can place money in an account in other currencies. The rates on ruble deposits are higher than on foreign currency deposits.

It is better to keep money in the currency in which you will spend it. But to protect your savings from exchange rate fluctuations, it is worth dividing them into three equal parts between rubles, dollars and euros (yuan).

Deposits with the possibility of partial withdrawal and replenishment
With classic deposits, you cannot withdraw part of your savings before the due date without losing interest. You also cannot replenish it. Therefore, if you do not rule out that you may need money in the near future, or want to continue saving and periodically deposit some amount into the account, then choose a deposit with such options or a savings account.

Multicurrency deposits
Some banks offer to open deposits and savings accounts in several poland number for whatsapp currencies at once: rubles, US dollars, euros, yuan. The peculiarity of these deposits is that the depositor has the opportunity to convert funds from one currency to another within the total balance of funds on the deposit during the entire term of the deposit.

In our deposit calculator you can specify not only the amount, term and currency of the deposit, but also additional conditions:

replenishment;
partial withdrawal;
preferential termination (for example, if the money was in the account for less than 181 days, then the “on demand” rate will be applied, and if it is withdrawn after this period, then the yield will be calculated at a preferential, increased rate);
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