Internet Banking
Video Banking
Company Logo

Demand Deposit for Business

Get benefits easily and spend money wisely with Credo Bank's Saving Account.

demond deposit for businesses

With a demand deposit for businesses, you can save or accumulate money and enjoy increased benefits. Adding money to the deposit is unlimited.


It is possible to withdraw money from the deposit at any time without losing the accrued interest amount.

TERMS

  • Deposit Currency: GEL, USD, EUR
  • Minimum Deposit for Opening: 10 GEL, USD, EUR
  • Minimum Balance Required: None
  • Mandatory Monthly Contribution: Not required
  • Benefit Realization: On the first calendar day of each following month
  • Add and Withdraw Money: Unlimited


*As of January 1, 2018, the Bank participates in the Deposit Insurance System established under the Law of Georgia on the Deposit Insurance System. Upon the occurrence of an insurance event, the available funds on a depositor's deposit/account will be reimbursed by the Deposit Insurance Agency within the limit of GEL 50 000, while the remaining amount will be reimbursed in accordance with the procedures prescribed by the applicable legislation.

For additional information, please visit the website of the Deposit Insurance Agency: www.diagency.ge.

ADVANTAGES

  • Unlimited Transactions: Freely add and withdraw money without restrictions.
  • High Interest Rate: Enjoy a competitive interest rate on your savings.
  • No Mandatory Contributions: No need for a fixed monthly deposit.
  • No Time Limit: Flexible savings period with no time constraints.
  • Electronic Wallet Integration: Easily manage your savings with an electronic wallet.

INTEREST RATES

ACCRUAL OF A SAVING DEPOSIT ONTO THE MINIMUM BALANCE OF A MONTH



ACCRUAL OF A SAVING DEPOSIT ONTO THE DAILY BALANCE




* Demand deposit with monthly minimum balance accrual - these rates apply when opening a deposit via Mobile Bank. When opening a deposit at a service center, you will benefit from the interest rate in GEL (-1.45%).

* Demand deposit with daily balance accrual - these rates apply when opening a deposit via Mobile Bank. When opening a deposit at a service center, you will benefit from the interest rate in GEL (-2.2%).

Contact Us