Progresso

Progresso

Subscribe your own PROGRESSO deposit at any BRD branch and we repay your fidelity.

FIRST BRD DEPOSIT WITH GUARANTEED INTEREST

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.


PROGRESSIVE INTEREST - "Time goes by, interest goes up"
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):

Period

S1

S2

S3

S4

S5

S6

USD

% p.a.

2.50%

2.60%

2.75%

3.00%

3.25%

4.00%

EUR

% p.a.

3.00%

3.25%

3.35%

3.50%

3.75%

4.00%

The interests above are valid since February 16, 2010.

INITIAL DEPOSIT
It is required to have an initial deposit of minimum 500 EUR / USD .


ADDITIONAL DEPOSITS AND TAKINGS
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..


LOW COSTS
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.


GUARANTEES
PROGRESSO benefits from the warrantee offered by the Deposits Guarantee Fund within the legal frame.

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