CyrillicForeign Currency Savings
Savings is your beneficial choice for the future, with security provided by the Bank!The bank accepts foreign currency deposits with the most attractive interest rates on the market and maximum security!
Promotional interest rates until 31st January 2026 for newly received savings deposits >>>
How to open a foreign currency savings account?
Two types of FX savings accounts can be opened with the Bank: an FX fixed-term savings account and an FX demand savings account.
The accounts can be opened at any branch office of the Bank, free of charge.
Both residents and non-residents can open FX savings accounts based on a written application.
There cannot be authorized persons on an FX fixed-term savings account, whereas only one adult, legally capable person can be authorized on an FX demand savings account.
Only a citizen of the Republic of Serbia with the residence in the Republic of Serbia longer than one year can be an authorized person on an FX demand savings account of a resident.
Either a resident or non-resident can be an authorized person on an FX demand savings account of a non-resident.
Payments and withdrawals of deposited funds can be made only at the counters of the Bank.
If a savings account is opened in the name of a minor (a natural person who does not have legal capacity), a written application for opening a savings account can be submitted by his/her legal representative (parent or adoptive parent) or guardian (with the presentation of the decision of the Centre for Social Work).
DEMAND SAVINGS
The minimum amount of funds that the Bank accepts as demand deposit on a foreign currency savings account is the smallest paper denomination for the currencies EUR, CAD, GBP, USD, CHF.
The Bank does not pay interest on demand foreign currency funds.
The deposited funds are available to the client at any time.
TERM SAVINGS WITH INTEREST PAYMENT AT MATURITY
The Bank offers term savings deposits with a term of 3, 6, 12, 36 months. The minimum deposit amount is EUR/USD 100.00. The term begins on the day of deposit of funds and expires on the last day of the agreed term, while the right to dispose of the funds, increased by the corresponding interest, begins on the first day following the expiration of the term period. Interest is calculated at a fixed interest rate using the conform method of calculation.
| 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 annual interest rate (fixed rate) |
0.05% | 0.05% | 0.15% | 0.50% | 0.80% |
| Effective interest rate (annual) |
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 client and included in the calculation of the EIR | - | ||||
| Tax (15%) | EUR 0.06 | EUR 0.19 | EUR 1.12 | EUR 7.50 | EUR 36.29 |
| Total amount payable (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
*Only for deposits with automatic redepositing.
| 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 annual interest rate (fixed rate) |
0.05% | 0.05% | 0.05% | 0.05% | 0.05% |
| Effective interest rate (annual) |
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 client and included in the calculation of the EIR | - | ||||
| Tax (15%) | USD 0.06 | USD 0.19 | USD 0.37 | USD 0.75 | USD 2.25 |
| Total amount payable (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
*Only for deposits with automatic redepositing.
FIXED-TERM SAVINGS WITH MONTHLY INTEREST PAYMENT – FOREIGN CURRENCY ANNUITY SAVINGS
Foreign currency annuity savings is a term savings deposit in EUR for a period of 12, 25 and 36 months that allows for monthly interest payments (single deposit - minimum deposit amount of EUR 1,000).
The interest rate is fixed for the entire savings period. Interest is calculated using the conform method. Interest is calculated and paid monthly. Interest is calculated and paid in the currency in which the deposit was made. The accrued interest remains in the account, or is transferred to a vista 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 annual interest rate (fixed rate) |
0.35% | 0.65% | 0.80% |
| Effective interest rate (annual) |
0.30% | 0.55% | 0.68% |
| Total amount of interest (gross) | EUR 34.95 | EUR 135.08 | EUR 239.24 |
| Costs borne by the client and included in the calculation of the EIR | - | ||
| Tax (15%) | EUR 5.27 | EUR 20.35 | EUR 35.95 |
| Total amount payable (deposit + interest) |
EUR 10,029.68 | EUR 10,114.73 | EUR 10,006.38 |
EIR was calculated on 1 July 2021
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