Progresso
Subscribe your own PROGRESSO deposit at any BRD branch and we repay your fidelity.
FIRST BRD DEPOSIT WITH GUARANTEED INTEREST
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PROGRESSO is available to any individual above 18, resident or non-resident. It is a deposit in EUR or USD made on a 3-year term (1,080 days), divided into 6 anniversary semesters of 180 days each. On maturity date, total funds in the PROGRESSO deposit are automatically transferred into the holder's current account.
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PROGRESSIVE INTEREST - "Time goes by, interest goes up"
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Interests rates are guaranteed on the entire period of the contract, increasing each semester and capitalizing each 180 days (calculation begins with the opening day of the deposit):
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Period
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S1
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S2
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S3
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S4
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S5
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S6
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USD
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% p.a.
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2.50%
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2.60%
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2.75%
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3.00%
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3.25%
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4.00%
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EUR
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% p.a.
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3.00%
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3.25%
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3.35%
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3.50%
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3.75%
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4.00%
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The interests above are valid since February 16, 2010.
It is required to have an initial deposit of minimum 500 EUR / USD .
ADDITIONAL DEPOSITS AND TAKINGS
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Additional deposits are allowed at any time upon funds in the account not exceeding the account limit (10 times the initial deposit value or 50,000 EUR / USD). Interests are not included in the account limit calculation..
Most of the PROGRESSO operations are free of charge: opening the deposit account, depositst* or automatic transfer of funds from your PROGRESSO deposit to your current account on the due date.
*For inter-banking operations it is necessary to pay the commissions of banks involved.
PROGRESSO benefits from the warrantee offered by the Deposits Guarantee Fund within the legal frame.
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