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Opening the Deposit

Free of charge

Currency

Georgian Lari (GEL)

Term

1 to 24 months

Interest Rate

Fixed

Monthly Contributions

  • You can add additional funds to the deposit at any time, in any amount

  • Contributions can be made:

    • In cash at any TBC branch

    • Through digital channels (Internet Bank, Mobile Bank, TBC Pay)

    • Via cashless transfer from your other accounts

    • Via transfer from another bank made by another person to your deposit

Early Termination

If the deposit is terminated before maturity, a different interest rate will apply depending on the currency:

  • GEL:

    • If terminated within the first 3 months: annual interest rate is 0.5%

In all other cases: the deposit earns the interest rate corresponding to its actual placement period minus 4%, but not lower than 0.5% annually, based on TBC Bank’s rates effective at the time of termination

  • Early termination is possible at:

    • Any TBC branch

    • Through the Call Center or internet/mobilebank request

    • Via Mobilebank directly for deposits up to 5,000 GEL

  • If the deposit is terminated within 30 calendar days from the opening date, a withdrawal fee of 0.20% applies for GEL.

Maturity Payout

At maturity, the total deposit amount is transferred to the operational account pre-selected by the client (card/current/savings/special settlement account)