Instead of having your assets settled on your transaction account, we suggest you a smart way to manage them, and to make additional interest income by way of term deposit. Choose a term that best suits your possibilities and needs. The following terms are available: overnight, 7 days, 15 days, 1 month, 3 months, 6 months, 12 months, 18 months, 24 months, 36 months.

Deposit can be in MKD, or in foreign currency. Non-purpose (for saving) and purpose (for securing used credits, letters of credit, letters of guarantee, etc.). There is no limit to the minimum amount of deposit.

For deposits, the Bank pays interest based on a deposit agreement. The contractual interest is calculated on the funds from the date of deposit of the assets to the expiration date of the agreed term, and can be paid monthly or on the maturity date.

When calculating interest on MKD deposits, a compound method is used, while a proportional method is used when calculating interest on foreign currency deposits.

Automatic redeposit

Deposit agreements are with an automatic prolongation clause. By failing to submit a written request for termination of the existing deposit agreement at the day of maturity of the current deposit or request changing the previously defined conditions (ex. Change of the term deposit period or the amount) the existing deposit is automatically extended for the same period and under the current conditions, unless otherwise agreed in the term deposit agreement.