PASHA Bank Demand Deposit can be used by large enterprises, as well as medium and small enterprises with an annual turnover exceeding one million GEL, or with the potential to achieve this figure in the near future.
Demand Deposit gives you free and unlimited access to your deposited funds. You can withdraw or add any amount to your deposit account anytime and still get a high interest. It is calculated based on a balance on the account at the end of each day and is accrued monthly.
To see terms of deposits for individuals, please visit website rebank.ge
General Terms:
Currency: GEL, USD, EUR
Minimum deposit balance for opening and interest accrual: 5,000 GEL/USD/EUR
Maximum deposit balance for opening and interest accrual: 2,500,000 GEL, 1,000,000 USD/EUR
Interest Rates:
|
GEL
|
USD
|
EUR
|
|
Nominal
|
Effective*
|
Nominal
|
Effective*
|
Nominal
|
Effective*
|
|
3.25%
|
3.16%
|
0.60%
|
0.60%
|
0.25%
|
0.25%
|
* Effective interest rate is calculated according to the following example: At the end of each day, 10 000 GEL/USD/EUR remains on the deposit account.
Interest rates for non-resident legal entities are 0,5% less.