"Tradition Deposit"

Interest rate conditions

Up to 1.25% per year

Currencies

BGN, EUR, USD

Advantages

To be opened at a bank’s office or online

Term

12 and 24 month

Our offer
Characteristics:
  • Term – 12 and 24 months
  • For individuals
  • Currency - BGN, EUR, USD
  • Minimum amount  - BGN 5 000 / EUR 2 500 / USD 2 500
  • Automatic renewal
  • Attractive interest rate

 

Interest rates on an annual basis:

Terms

BGN

USD

EUR

12 monts

1.00%

1.00%

1.00%

24 months

1.25%

1.25%

1.25%

 

Additional information:
  • Additional deposit of funds on the deposit account is allowed within the first 7 calendar days after opening the account. After this period, no additional funds are allowed. In the event that additional funds are deposited into the deposit account, after the first 7 calendar days from the opening of the deposit account, these funds shall be subject to interest at the annual interest rate valid in case of non-fulfillment of the terms of the contract, according to the Interest Bulletin effective on the date of application. 
  • Fees and commissions – in accordance with the current Fibank Tariff
  • Withdrawing funds before maturity date will result into violation of deposit contract terms and conditions;
  • The Holder is not obliged to give a notice, if they wish to dispose of funds from the deposit before the agreed maturity date in the contract, including for its early termination. When withdrawing money in cash from the deposit account above a certain amount specified in Fibank Tariff, the Holder must notify the Bank in advance of carrying out the operation within the terms specified in the Tariff, otherwise the Holder shall pay an additional fee.
  • BDIF (Bulgarian Deposit Insurance Fund) guarantees full payment of the sums of one person in one bank, regardless of their number and amount, up to BGN 196,000, and this amount also includes accrued interest up to the date of issuance of the act under Art. 20, paragraph 1 of the LBDG (Law on Bank Deposit Guarantee). The funds on the deposit are guaranteed by the Bulgarian Deposit Insurance Fund, established and functioning in the Republic of Bulgaria, according to the procedure, up to the amount and under the conditions stipulated in the Law on Bank Deposit Guarantee.
Opening
You may easily open the deposit account:
  • At each Fibank’s office;
  • Through MyFibank electronic banking system;



Documents