Savings account is the best choice if you wish to save money on the account with unlimited access and at the same time get high interest rates!
Terms and Conditions
Currency: GEL, USD, EUR
Interest rate for individuals:
Annual interest rate: GEL 8%, USD 1.50%, EUR 0.10%
Effective interest rate:GEL 8.30%, USD 1.51%, EUR 0.10%.
Interest rate for Legal entities:
Annual interest rate: GEL 3.5%, USD 1.00%, EUR 0.10%
Effective interest rate:GEL 3.56%, USD 1.01%, EUR 0.10%.
- Required min. amount for account opening – Not required;
- Adding/withdrawal of funds is unlimited
- Frequency of interest accrual: on monthly basis at the end of the month
- Accrued interest rate is added to initial amount
- 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