Financing
Term Deposits

HOW IT WORKS

Before opening a term deposit account, you should learn about:

• the interest rate;
• whether the interest of the deposit is fixed or variable;
• the conditions for renewing the deposit: automatically or with no renewal;
• the method of the interest payment: at the maturity date or by capitalization of the interest;
• the minimum mandatory amount for opening a deposit;
• the conditions for withdrawing the deposit before the maturity date.

Fixed interest deposit – the 5,000 Deposit

• available in RON and USD, with a fixed interest;
• the minimum amount for establishing it is RON 5,000/ USD 5,000;
• the terms for establishing it: 30, 90, 180 and 365 days;
• the deposit may only be established by transfer of the funds from the company current account;
• the deposit may be extended automatically, with or without the capitalization of the interest rate in force at the time of the renewal;
• in the case of terminating the deposit before the maturity, you receive the interest associated with the current account.