Deposit transactions or transactions through time accounts of individuals make up a bulk of the banking services provided to individuals. The essence of such transactions is that the depositor puts money in a deposit account for a certain period and on certain conditions and the Bank put this money to work for that period and on those conditions, paying, in exchange, interest to the depositor.
Interest rates on deposit accounts depend on the deposit period, interest payment periodicity, and currency. The following are interest rates for deposits set up in the network of JSIB UkrSibbank
| Type of deposit | Term of deposit | National Currency | US Dollar | Euro | ||||
|---|---|---|---|---|---|---|---|---|
| base rate | max. rate* | base rate | max. rate* | base rate | max. rate* | |||
| New Year Campaign* | 6 months | 25%* | - | 15%* | - | 10%* | - | |
| 9 months | 25%* | - | 15%* | - | 10%* | - | ||
| 12 months | 25%* | - | 15%* | - | 10%* | - | ||
| 18 months | 25%* | - | 15%* | - | 10%* | - | ||
| "Deposit with Interest Payment at Maturity" no pay-in or partial withdrawal, interest is paid at maturity | 1 month | 17,0% | 18,0% | 11,0% | 12,0% | 5,0% | 6,0% | |
| 2 months | 17,5% | 18,5% | 11,0% | 12,0% | 5,0% | 6,0% | ||
| 3 months | 18,0% | 19,0% | 11,8% | 12,8% | 6,5% | 7,5% | ||
| 6 months | 20,0% | 20,5% | 12,0% | 13,0% | 7,0% | 8,0% | ||
| 9 months | 19,0% | 20,0% | 12,0% | 13,0% | 7,0% | 8,0% | ||
| 12 months | 19,0% | 20,0% | 12,5% | 13,0% | 8,0% | 9,0% | ||
| 18 months | 20,0% | 20,5% | 12,5% | 13,0% | 7,7% | 8,7% | ||
| minimum deposit amount | UAH 1000 | $500 | ˆ500 | |||||
| "Deposit with Monthly Interest Payment" no pay-in or partial withdrawal, interest is paid monthly | 1 month | 16,7% | 17,7% | 10,9% | 11,9% | 4,9% | 5,9% | |
| 2 months | 17,2% | 18,2% | 10,9% | 11,9% | 4,9% | 5,9% | ||
| 3 months | 17,7% | 18,7% | 11,7% | 12,7% | 6,4% | 7,4% | ||
| 6 months | 19,5% | 20,5% | 11,8% | 12,8% | 6,9% | 7,9% | ||
| 9 months | 18,5% | 19,5% | 11,7% | 12,7% | 6,9% | 7,9% | ||
| 12 months | 18,5% | 19,5% | 12,1% | 13,0% | 7,7% | 8,7% | ||
| 18 months | 19,5% | 20,5% | 12,0% | 13,0% | 7,3% | 8,3% | ||
| minimum deposit amount | UAH 1000 | $500 | ˆ500 | |||||
| "Deposit with Monthly Interest Payment and Pay-in Option" interest is transferred to a client's payment card or credited to the deposit account for replenishment. With an option of pay-in. Minimum deposit amount is UAH 100, USD EUR 20. | 1 month | 16,2% | 17,2% | 10,4% | 11,4% | 4,4% | 5,4% | |
| 2 months | 16,7% | 17,7% | 10,4% | 11,4% | 4,4% | 5,4% | ||
| 3 months | 17,2% | 18,2% | 11,2% | 12,2% | 5,9% | 6,9% | ||
| 6 months | 19,0% | 20,0% | 11,3% | 12,3% | 6,4% | 7,4% | ||
| 9 months | 18,0% | 19,0% | 11,2% | 12,2% | 6,4% | 7,4% | ||
| 12 months | 18,0% | 19,0% | 11,6% | 12,6% | 7,2% | 8,2% | ||
| 18 months | 19,0% | 20,0% | 11,5% | 12,5% | 6,8% | 7,8% | ||
| minimum deposit amount | UAH 500 | $250 | ˆ250 | |||||
| On-demand Deposit "Active Money"Free use of funds - pay-in and withdrawal without loss of interests. The amount of pay-in and withdrawal is unlimited on condition that a minimum account balance is left. Term of deposit - unlimited. Interest is transferred (capitalized) to the deposit account monthly. | unlimited | 15,0% | - | 11,0% | - | 5,0% | - | |
| minimum deposit and minimum balance amount | UAH 10 | $10 | ˆ10 | |||||
| Deposit on demand for repayment of funds at maturity of term deposits | unlimited | 0,0% | - | 0,0% | - | 0,0% | - | |
| Maximum interest rate, calculated as an example, may be set in case of a deposit by retiree or holder of social security (upon submission of the pension certificate or the document confirming the right to social benefits) and on condition that the depositor participates in one of the following programs: "Replacement", "Old Depositor", "Outside Depositor", "Real Estate Seller" and "Beneficiary of Transfer". Total maximum increase of interest - 1% p.a. (+0.5% - for retirees and holders of social security, up to +0.5% - under the mentioned incentive programs). | ||||||||
| If the amount of deposit exceeds UAH 75 thousand, USD EUR 15 thousand, basic rate increases by 0.2% p.a.(except "Active Money" deposit), and a depositor is entitled to participate in any of the bank incentive programs with additional increase of rate. | ||||||||
| Depositors may also increase the base interest rate of deposit participating in other incentive programs of JSCIB "UkrSibbank", namely: "Bank Salary Cardholder" (up to +0.7% to a base rate in national currency or up to +0.5% in foreign currency), "Retirement Account Holder" (up to +0.7% to a base rate), "Pick up Interest with your Friends" (up to +0.6% to a base rate). Depositor's participation in any of the incentive programs a deposit rate cannot exceed its maximum rate established by the bank (in national currency - 20.5% p.a., 13% p.a. - for US dollars, Euro - unlimited). | ||||||||
| It applies only to "Deposit with Interest Payment at Maturity" with no pay-in or partial withdrawal, interest is paid at maturity. Increased interest rate is valid within 31 days since the date of deposit, if it is placed within the period of campaign (from 08.12.2008 till 31.01.2008 inclusive). | ||||||||
| Interest rate is fixed for the first month since the date of deposit. Upon expiry of the first month since the date of deposit, the rate is fixed at the "Deposit with Interest Payment at Maturity" rate. | ||||||||
| For the convenience and efficiency purposes, Cirrus Maestro card is issued free of charge, to which the deposit interest and, at maturity, the principal amount of deposit are to be transferred. | ||||||||
| For more detailed information on current programs, please, address your financial advisor or contact inquiry service:8-800-5005-800 (calls from the fixed line phones are free nationwide), (044) 590-06-90 | ||||||||