Saving Account
You can keep or save money and gain a profit with a saving deposit. The amount can be added to the deposit without any limitation and the deposit amount can be managed any time.
- Possibility of adding and withdrawing the amount without any limitation
- High-interest rate
- No mandatory monthly payment is required and there is no time limit
- Saving money with an electronic money box
In accordance with the Law of Georgia "On the Deposit Insurance System", from January 1, 2024, funds available in the deposit/account of all deposit holders, regardless of the number of deposits/accounts, is insured in each commercial bank and microbank and will be reimbursed by the Deposit Insurance Agency within the limit of 30,000 GEL. The funds in all accounts of all deposit holders in commercial banks and microbanks is automatically insured without any additional cost. For more information, see the website of the Deposit Insurance Agency: www.diagency.ge
Terms and Conditions
- Currency of the deposit: GEL, USD and EURO
- Minimum payment to open the deposit: 10 (GEL; USD; EURO)
- Mandatory monthly payment: Not required
- Mandatory minimum balance: Not required
- Interest realization: On the first calendar day of each following month
- Interest realization account: Current account, on-saving account
| % Interest | GEL | USD | EUR |
| Nominal | 7.25% | 0.50% | 0.10% |
| Effective
(with capitalization) |
-0.47% | -0.36% | -0.41% |
| Effective
(with realization) |
-0.47% | -0.36% | -0.41% |
The effective interest rate is counted on the assumption that during a month the account balance equals to average 1,000 units and the minimum balance – 100 units. One year is taken as an accounting period.
Terms and Conditions
- Currency of the deposit: GEL, USD and EURO
- Minimum payment to open the deposit: 10 (GEL; USD;)
- Interest accrued - on to the Daily Balance (max. 100 000 units);
- Mandatory monthly payment: Not required
- Mandatory minimum balance: Not required
- Interest realization: On the first calendar day of each following month
- Interest realization account: Current account, on-saving account
Interest
| % Interest | GEL | USD |
| Nominal | 2.00% | 0.10% |
| Effective
(with capitalization) |
0.80% | -0.31% |
| Effective
(with realization) |
0.80% | -0.31% |
The effective interest is counted on the assumption that during a month the account balance equals to average 1,000 units. One year is taken as an accounting period.