Decided to start saving for specific goals? – Opening a Cumulative Deposit at FINCA Bank Georgia is the best way to start with.
Terms and Conditions
Currency: GEL, USD, EUR
Maturity: from 6 to 24 months
Required initial amount: 20 GEL, USD, EUR
Maximum amount: unlimited
Adding of funds: unlimited
- Frequency and amount of funds adding is unlimited
- Fixed high interest rate accrued
- Withdrawal of accrued interest rate or the amount deposited in cash is free of charge from any service center of FINCA Bank Georgia
*Note: If the amount is deposited via bank transfer, commission fee on withdrawal of transferred amounts is requested.
As of 1 January 2018, the Bank is a member of a deposit insurance system established in Georgia in accordance with the Law of Georgia on Deposit Insurance System, whereas in case of insurance event, each individual depositor is entitled to receive a compensation from the Deposit Insurance Agency, up to the maximum insured amount of 5,000 GEL, regardless of the number of deposit accounts kept in each individual bank operating in the territory of Georgia. The remainder shall be compensated as provided under the effective legislation of Georgia.
For more information on deposit insurance system, see web site of LEPL Deposit Insurance Agency: www.diagency.ge