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Home / Products and Services / Retail banking / Deposits

 

Deposits

Absolut Bank offers individuals the opportunity to place their cash securely in Euros, US dollars or Russian rubles for any time period ranging from one month to one year.


High interest rates and interest income capitalization make it possible to receive maximum profit and minimize inflation risks.

One of the advantages of depositing cash with Absolut Bank is the option to replenish the deposit. The Bank's clients can receive their interest monthly or at the end of the deposit agreement term. For the convenience of our clients, a deposit is automatically renewed if it has not been claimed by the end of the deposit term.

Absolut Bank also allows clients to have a VISA-Absolut Bank debit card free of charge to receive paid interest, so that clients can immediately use the proceeds for shopping or take cash out of ATMs in any country of the world.

When clients deposit at least 5,000 euros or U.S. dollars or 150,000 Russian rubles for one year under the terms of one of the types of deposits available at the Bank, clients are entitled to free VISA-Absolut Bank credit cards with a credit limit totaling 20% of the deposit sum, a dollar-denominated account and credit interest of 15%.

Rules for opening a fixed term deposit

  1. What is an individual 'fixed term deposit'?
    It is cash, deposited by an individual for a specified period of time. at a specified interest rate under terms, stipulated by the bank deposit agreement.
  2. Types of deposits, available at the Bank.
    The Bank offers six types of fixed term deposits: ‘Dohodniy’, ‘Absolut’, 'Rentier', 'Capital', ‘Mortgage’ and ‘Pension’. To find out more about the deposits' terms and the differences between them, please contact us at +7 495 995-10-01.
  3. Interest rates available on fixed term deposits with the Bank.
  4. How can I make a deposit?
    To make a deposit, come to any office of the Bank with a personal ID, then fill out a bank deposit Agreement and deposit cash. Foreigners wishing to deposit cash are required to present a document to confirm import (a customs declaration) or a document confirming withdrawal or purchase (certificate form 0406007) of the deposited cash denominated in the relevant currency.

Valid IDs are:

  • Russian Federation Passport, civilian foreign passport - for Russian federation citizens;
  • Russian Federation residence permit - for foreign citizens and persons without citizenship, who are permanently resident in the Russian Federation;
  • National civil passport - for foreign citizens who are temporarily resident in the Russian Federation.

For further information please contact us at +7 495 777-71-71.

 

 
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Spotlights

13th out of the top 50 banks in terms of SMB loan portfolio as of January 1, 2009 (Expert, June 2009)
Nr.1 in trade finance in Russia (according to the European Bank for Reconstruction and Development, May 2007)
16th in terms of the number of loans issued to small and medium-sized businesses in 2008 (RBC, March 2009)
 

Our contacts:   

 

   Call center +7 495 777-71-71; E-mail address info@absolutbank.ru

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