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Prime Deposit - TBC
How to open

Opening a deposit is free

Currency

GEL / USD

Term

Unlimited

Interest Rate

The GEL interest rate is tied to the refinancing rate announced by the National Bank and is determined as follows: Refinancing rate minus 0.5%

The USD interest rate is tied to the public index announced by the Federal Funds Target Range - Lower Limit used by the Federal Reserve Bank of ST. LOUIS and is determined as follows: Public index minus 2.5%, the maximum annual interest rate on the deposit is 6%

Interest will accrue

On the minimum balance from the first to the last day of the month

Interest payment

Monthly

Withdrawal

0.15% GEL/USD

Cash Deposit

Deposit Via TBC Pay - Free;

Deposit at TBC Branches:

  • Up to 1500 GEL (equivalent in USD, EUR) - 1 GEL

  • From 1500 GEL (equivalent in USD, EUR) - Free