"Bank of Baku" is presents new “Flexible” saving.
“Bank of Baku” is presents to its client the new “Flexible” deposit. Flexibility basically consists that depositor can any time withdraw full or half of money, besides to receive profit under the good interest rate.
The “Flexible” deposit was created corresponding to the bank’s strategy of product development with aim to cover the segments of the market that “Dynamic” does not. In spite of similarity of many conditions, the contribution "Flexible" includes following advantages to the segment of clients::
| | «Flexible» saving | « Dynamic » saving |
|---|---|---|
|
Target market |
The clients which has a high probability of early withdraw | Other clients |
|
Term |
18 months | 1-60 months |
|
Payment of interest |
At withdraw or at the end of term | Monthly or at the end of the term |
|
Decreasing the amount |
Minimum AZN/USD/EUR 500 (Amount could be decreased till AZN/USD/EUR 1000 ) | Minimum AZN/USD/EUR 100 (Amount could be decreased till 100 AZN/USD/EUR ) |
Term of salving:
| Account currency | AZN/USD/EUR |
| Term | 18 months |
| Payment of interest | At withdraw or at the end of term ( at withdraw before two months percent are not paid) |
| Opening balance | 500 AZN/USD/EUR |
| Maximum amount | No limitation |
| Interest rate |
|
| Increasing of amount | Not allowed |
| Decreasing of amount | Allowed |
| Автопролонгация | согласно процентным ставкам, действующим на момент окончания срока действия договора вклада |
| Extra benefits |
|
