Deposit certificates
OJSC Belagroprombank offers to receive additional income by placing temporarily free funds in deposit certificates.
A deposit certificate is a security and is issued on a special form.
OJSC Belagroprombank issues only registered deposit certificates nominated in Belarusian rubles.
Purchase of deposit certificates can legal entities, as well as individual entrepreneurs.
The interest rate and term for the deposit certificate are determined on the basis of an agreement between the Bank and the client.
The advantages of this financial instrument:
- simplified procedure for depositing funds (opening a deposit account is not required);
- fixed interest rate, unchanged during the entire period of placement of funds;
- the possibility of using a certificate of deposit as a subject of pledge for securing obligations to the Bank and other creditors;
- the possibility of using the deposit certificate as a compensation for repaying the debt to the Bank and other creditors;
- • the money and interest earned on a certificate of deposit can be withdrawn in the canter of banking services of the Regional Directorate and in the Operation Department of the Bank Central Office irrespective of the place of its issue.