Convertible Deposit - high rate of interest, insured risks

Want to open deposit with high-interest rate but doubt about currency exchange rate? Use new, innovative, and lucrative product, offered by Terabank, which helps you benefit from the deposit and keeps you safe from revaluation. 
Convertible Deposit is the only product, which offers you to convert the amount of deposit anytime, during the deposit term, in any currency, under the preferential rate. 
In case of opening Convertible Deposit, you will be awarded with: 

  • Visa Classics - If the deposit amount is from 3000 to 10 000 units
  • Visa Gold - if the deposit amount is 10 000 units

*Internet bank with SMS DigiPass will be activated for free in both cases. 

Deposit conditions:

  • Opening the deposit/service – free;
  • Deposit term - 12 months;
  • Deposit currency - GEL / USD / EUR;
  • Minimum amount for deposit opening - 500 GEL / USD / EUR;
  • Maximum amount for deposit opening - 100 000 GEL / USD / EUR;
  • Increasing, or decreasing the amount of the deposit during the validity of the agreement - not allowed;
  • Accrued Interest can be utilized on a monthly basis, or at the end of the term;
  • Conversion function - currency change without breaching the deposit, in an unlimited amount, under the special preferential rate;
  • Conversion fee - 0,3% of the principlal amount of the  deposit; 
  • In the case of conversion, accrual of interest on the deposit will continue in the relevant currency, under the fixed rate;
  • Breach of deposit -  in case of breach of deposit within one month from its opening, penalty in the amount of 0.25% will be accrued on the deposit amount. In the other cases, the interest of saving deposit, applicable at the bank in the moment of breach, will be accrued on it.   

*Effective interest Rate is calculated on 5,000 unit.

In case if you are interested in the convertible deposit, please, fill in the application 

Online Application

Annual Interest rate in GEL:

Deposit term

Interest withdrawal
at the end of the term

Interest withdrawal
on a monthly basis

12

10.20%

9.70%

 

Effective interest rate in GEL:

Deposit term

Interest withdrawal
at the end of the term

Interest withdrawal
on a monthly basis

12

9.98%

9.91%

Annual Interest rate in USD:

Deposit term

Interest withdrawal
at the end of the term

Interest withdrawal
on a monthly basis

12

3.70%

3.20%

 

Effective interest rate in USD:

Deposit term

Interest withdrawal
at the end of the term

Interest withdrawal
on a monthly basis

12

3.18%

2.72%

Annual Interest rate in EUR:

Deposit term

Interest withdrawal
at the end of the term

Interest withdrawal
on a monthly basis

12

0.55%

0.20%

 

Effective interest rate in EUR:

Deposit term

Interest withdrawal
at the end of the term

Interest withdrawal
on a monthly basis

12

0.05%

-0.30%

 

Application Form

Security Code