The bank can open individual savings deposits in BGN and in foreign currency, in which the holders can deposit (save) their funds.
Currency:
- Bulgarian lev (BGN)
- EURO (EUR)
- U.S. Dollars (USD)
Minimum amount for opening:
- 100 BGN
- 50 EUR
- 50 USD
Term:
- Demand /no term/.
Interest accrual and payment:
The annual interest rate is differentiated in line with the balance and the currency of the deposit. The interest is accrued on the basis of 360/360 days for a year on the deposited amount for the time, in which it has actually stayed in the bank account. The interest accrued is capitalized on the amount of the deposit at the end of each calendar year or upon its closing.
Depositing additional amounts/ withdrawing amounts:
It is allowed without limitation.
Client’s deposits in BGN and in foreign currency in CIBANK EAD regardless of their number and amount of the funds, are guaranteed by the Bulgarian Deposit Insurance Fund for amounts of up to BGN 196 000 in accordance with the Law on Bank Deposit Guarantee.
