Savings account “More Interest” is best choice, if you have stable savings and wish to receive higher interest rates than usual.
Terms and conditions:
Term: not limited
Interest rates for physical persons:
nominal: 10.00%; effective: 9.11%
Interest rates for legal entities:
nominal: 6.00%; effective: 4.84%%
Note: Effective interest rate is calculated on following scenario: Client opens account of 1, 000.00 GEL in 01.01.2017 and keeps money on account for 12 moths. For this account service client pays service monthly fee and one time payment for opening account.
Frequency and amount of funds is not limited.
Deposit opening fee: 10 GEL
Deposit monthly service fee: 1 GEL
Advantages of savings account “more interest”:
- In case you withdraw funds from your account you will still receive high interest rate on minimal amount which will be on your deposit in term of a month.
- You are not limited in terms of adding or withdrawing funds;
- Adding or withdrawal of the amount deposited in cash is free of charge from any service center of FINCA Bank Georgia
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