About the product

Features

• 4 month time deposit with progressive increase of interest for each subsequent month within the deposit term
• Individuals, residents and non-residents
• 4 months deposit term
• Currency MKD
• Minimum amount of investment MKD 35,000
• Payment method: at the end of the term.

Benefits

• Attractive interest rates for a relatively short deposit term
• Guaranteed interest rates for the entire deposit term
• Safe and stable bank, trusted bank
• Checking the balance using alternative channels

Authorization

• The holder of the deposit account may authorize another adult person to operate the account. The authorization may be issued at the time of opening of the deposit account or at any time afterward.

Policy of automatic renewal and cancellation

• The deposit (principal) is automatically renewed under the terms and conditions valid at the date of renewal. The customer may withdraw the funds at any time, in accordance with the policy of early withdrawal of the deposit
• The depositor may also terminate the agreement prior to the expiration of the deposit term, whereby SB shall calculate and pay sight interest for the period from the opening of the time deposit or its renewal until the moment of early termination of the agreement.