Turonbank offers the legal entities deposition of monetary assets of the enterprise at interest as a possible instrument of temporary free money management helping to optimize their most efficient disposal. The Bank purposefully developed a number of deposit instruments diversified by terms, maturities and placement interests for individual entrepreneurs and legal entities that got used to plan their cash flows and incomes. We guarantee safety and profitability of your deposited money. Interest incomes directly depend both on the deposited amount and term of the deposit.

Deposit account is credited only by a non-cash transfer from legal entity’s settlement account. The Bank accepts deposits in terms of national and foreign currencies. On the maturity of the deposit, the deposit amount and incurred interest rate are transferred according to Depositor’s requisites (Essential Elements) stated in the bank deposit Agreement.

A deposit is a convenient instrument of saving and accumulation of assets with the guaranteed timely repayment:

• Temporary free assets of your enterprise can work and generate a stable income;
• Possibility of both long and short-term placements of monetary assets;
• Deposit maturity and interest rate shall be fixed in the agreement and cannot be unilaterally changed;
• There is a possibility to sign the contract on individual (tailored) terms;
• Repayment of the deposit is guaranteed.

Following the bank deposit agreement, the Bank attracts monetary assets of the legal entities in terms of Soums for a 3-month period and above it at 10–11%, in terms of USD for a 3-month period and above at 3–4%. The interest is incurred on the deposit amount and transferred to the settlement (current, foreign currency) account of the depositor monthly or at the expiry date of the agreement.