The Bank accepts foreign currency deposits providing the most attractive interest rates on the market and maximum security!
How to open a foreign currency savings account?
Postal Savings Bank, joint stock company, Belgrade, offers favourable interest rates for foreign currency savings. The Bank opens a foreign currency savings account at your request, free of charge, in all Bank branch offices. A foreign currency savings deposit agreement can be concluded between Postal Savings Bank and a client who is a:
At the time of concluding the Agreement or during the term of the Agreement, the foreign currency savings account holder can authorize only one natural person of legal capacity to withdraw funds. The foreign currency savings account holder can revoke the given authorization at any time.
Currencies accepted for foreign currency demand savings deposits: EUR, USD, CAD, GBP.
Currencies accepted for foreign currency fixed-term deposits: EUR, USD.
The minimum amount of funds received by the Bank as a deposit to a foreign currency demand savings account is the smallest paper denomination of EUR, CAD, GBP, USD currencies.
EUR account is a foreign currency savings account that is kept exclusively in EUR.
The EUR account is also used for payment of international credit and payment card obligations. The minimum amount of funds received by the Bank as a deposit to a EUR account is the smallest paper denomination of EUR currency.
Term deposits have maturities of 1, 3, 6, 12 or 36 months. The minimum deposit amount is EUR/USD 100.00. Deposit term starts from the day of depositing the funds and ends on the last day of the agreed period, while the right to dispose of the fixed-term savings deposit together with the associated interest, starts from the first day after the expiry of the deposit term. Interest is calculated at a fixed interest rate by applying the compound interest calculation method. At the end of the agreed term, the individual deposit can be withdrawn within 15 days, after which time the funds are automatically deposited for the same term and under the conditions valid on the day of redepositing.
DEPOSIT AMOUNT | EUR 10,000 | EUR 10,000 | EUR 10,000 | EUR 10,000 | EUR 10,000 |
Deposit term | 1 month | 3 months | 6 months | 12 months | 36 months |
Indexing criteria | No indexing criteria | ||||
Nominal interest rate annually (fixed) |
0.05% | 0.05% | 0.15% | 0.50% | 0.80% |
Effective interest rate (annually) |
0.04% | 0.04% | 0.13% | 0.43% | 0.68% |
Total amount of interest (gross) | EUR 0.42 | EUR 1.25 | EUR 7.50 | EUR 50.00 | EUR 241.93 |
Costs borne by the user and included in the EIR calculation | - | ||||
Tax liability (15%) | EUR 0.06 | EUR 0.19 | EUR 1.12 | EUR 7.50 | EUR 36.29 |
Total to be paid (deposit + interest) |
EUR 10,000.36 | EUR 10,001.06 | EUR 10,006.38 | EUR 10,042.50 | EUR 10,205.64 |
EIR was calculated on 1 July 2021
DEPOSIT AMOUNT | USD 10,000 | USD 10,000 | USD 10,000 | USD 10,000 | USD 10,000 |
Deposit term | 1 month | 3 months | 6 months | 12 months | 36 months |
Indexing criteria | No indexing criteria | ||||
Nominal interest rate annually (fixed) |
0.05% | 0.05% | 0.05% | 0.05% | 0.05% |
Effective interest rate (annually) |
0.04% | 0.04% | 0.04% | 0.04% | 0.04% |
Total amount of interest (gross) | USD 0.42 | USD 1.25 | USD 2.50 | USD 5.00 | USD 15.01 |
Costs borne by the user and included in the EIR calculation | - | ||||
Tax liability (15%) | USD 0.06 | USD 0.19 | USD 0.37 | USD 0.75 | USD 2.25 |
Total to be paid (deposit + interest) |
USD 10.000,36 | USD 10.001,06 | USD 10.002,13 | USD 10.004,25 | USD 10.012,76 |
EIR was calculated on 1 July 2021
Foreign currency annuity savings is a fixed-term savings deposit in EUR for a term of 12, 25 or 36 months with interest paid monthly (one deposit - minimum deposit amount is EUR 1,000).
The interest rate is fixed for the entire deposit term. Interest is calculated by applying the compound interest calculation method. Interest is calculated and paid monthly. Interest is calculated and paid in the deposit currency. The credited interest remains in the account or is transferred to the demand deposit account, depending on the client's request.
DEPOSIT AMOUNT | EUR 10,000 | EUR 10,000 | EUR 10,000 |
Deposit term | 12 months | 25 months | 36 months |
Indexing criteria | No indexing criteria | ||
Nominal interest rate annually (fixed) |
0.35% | 0.65% | 0.80% |
Effective interest rate (annually) |
0.30% | 0.55% | 0.68% |
Total amount of interest (gross) | EUR 34.95 | EUR 135.08 | EUR 239.24 |
Costs borne by the user and included in the EIR calculation | - | ||
Tax liability (15%) | EUR 5.27 | EUR 20.35 | EUR 35.95 |
Total to be paid (deposit + interest) |
EUR 10,029.68 | EUR 10,114.73 | EUR 10,006.38 |
EIR was calculated on 1 July 2021