Deposit Termination Clause for USD deposits: If the deposit is closed prematurely and/or if the compulsory minimum monthly contribution clause is breached 3 (three) times, it will earn annual 0.1% interest instead of the aforementioned interest rate. The interest will accrue on the deposit from the date of signature of the Agreement (from the opening of the deposit) to the date of cancellation. Deposit Termination Clause – for EUR deposits: The deposit will not earn interest if closed prematurely and/or if the compulsory minimum monthly contribution clause is breached 3 (three) times.
Deposit Termination Clause for GBP deposits: If the deposit is closed prematurely and/or if the compulsory minimum monthly contribution clause is breached 3 (three) times, it will earn annual 0.1% interest instead of the aforementioned interest rate. The interest will accrue on the deposit from the date of signature of the Agreement (from the opening of the deposit) to the date of cancellation. The Deposit Holder can cancel the Agreement prematurely. The Bank shall ensure that the Deposit Amount and accrued interest is transferred to the Deposit Holder / posted to his/her account(s) within 30 (thirty) calendar days of receiving the Deposit Holder’s call for the Deposit /early termination of the Deposit Agreement. For foreign currency deposits Information about bank products with similar terms in the national currency is available on the Bank’s website: xxx.xxxxxxx.xx. Deposits denominated in foreign currency expose the holders to a significant risk! Exchange rate fluctuations may significantly reduce the amount of interest in GEL! If GEL strengthens by annual 15%, the effective IR will be annual %. Please consider that: Your deposit is insured under the Deposit Insurance System in compliance with the Law of Georgia on Deposit Insurance System. If the Main Terms of the Agreement (as provided in this Preamble, including the interest rate) are revised, the customer will be notified thereof via SMS no later than 2 (two) months in advance, while price increase on other financial facilities will be communicated via SMS no later than 1 (one) month in advance. The Client can make a complaint orally, in writing (fill out a standard Complaint Form or compose a letter of complaint on his/her own) and electronically. Useful information for clients is available on the National Bank of Georgia’s website - xxx.xxx.xxx.xx/xx and through the hotline – +000 000 000000. My Goal Deposit Agreement
Deposit Termination Clause for USD deposits: If the deposit is closed prematurely, the Deposit Holder shall pay the fee specified in Paragraph 2.17 hereof. Furthermore, in the event of premature closure, the interest rate indicated in Paragraph 2.5 hereof shall be revised to equal 0.1%. The revised interest will accrue on the deposit for the actual period during which the deposit remains open (from the date of signature of the Agreement (from the opening of the deposit) to the date of closing/cancellation). If the Deposit Holder has already drawn the interest, the amount of interest issued in advance will be deducted from the deposit amount. Deposit Termination Clause – for EUR deposits: If the deposit is closed prematurely, the Deposit Holder shall pay the fee specified in Paragraph 2.17 hereof. Furthermore, in the event of premature closure, the deposit will not accrue any interest. If the Deposit Holder has already drawn the interest, the amount of interest issued in advance will be deducted from the deposit amount. Deposit Termination Clause – for GBP deposits: If the deposit is closed prematurely, the Deposit Holder shall pay the fee specified in Paragraph 2.17 hereof. Furthermore, in the event of premature closure, the interest rate indicated in Paragraph 2.5 hereof shall be revised to equal 0.1%. The revised interest will accrue on the deposit for the actual period during which the deposit remains open (from the date of signature of the Agreement (from the opening of the deposit) to the date of closing/cancellation). If the Deposit Holder has already drawn the interest, the amount of interest issued in advance will be deducted from the deposit amount.
Deposit Termination Clause for GBP deposits: If the deposit is closed prematurely and/or if the compulsory minimum monthly contribution clause is breached 3 (three) times, it will earn annual 0.1% interest instead of the aforementioned interest rate. The interest will accrue on the deposit from the date of signature of the Agreement (from the opening of the deposit) to the date of cancellation. The Deposit Holder can cancel the Agreement prematurely. For foreign currency deposits Information about bank products with similar terms in the national currency is available on the Bank’s website: xxx.xxxxxxx.xx. Deposits denominated in foreign currency expose the holders to a significant risk! Exchange rate fluctuations may significantly reduce the amount of interest in GEL! If GEL strengthens by annual 15%, the effective IR will be annual %. Please consider that: Your deposit is insured under the Deposit Insurance System in compliance with the Law of Georgia on Deposit Insurance System. If the Main Terms of the Agreement (as provided in this Preamble, including the interest rate) are revised, the customer will be notified thereof via SMS no later than 2 (two) months in advance, while price increase on other financial facilities will be communicated via SMS no later than 1 (one) month in advance. The Client can make a complaint orally, in writing (fill out a standard Complaint Form or compose a letter of complaint on his/her own) and electronically. Useful information for clients is available on the National Bank of Georgia’s website - xxx.xxx.xxx.xx/xx and through the hotline – +000 000 000000. My Goal Deposit Agreement
Deposit Termination Clause for USD deposits: If the deposit is closed prematurely, it will earn annual 0.1% interest instead of the aforementioned rate. The interest will accrue on the deposit from the date of signature of the Agreement (from the opening of the deposit) to the date of cancellation. Deposit Termination Clause – for EUR deposits: The deposit will not earn the interest if closed prematurely. Deposit Termination Clause – for GBP deposits: If the deposit is closed prematurely, it will earn interest at annual 0.1% instead of the aforementioned rate. The interest will accrue on the deposit from the date of signature of the Agreement (from the opening of the deposit) to the date of cancellation. If the Deposit Holder has already drawn the interest, the amount of interest issued in advance will be deducted from the deposit amount. The Deposit Holder can cancel the Agreement prematurely. For foreign currency deposits Information about bank products with similar terms in the national currency is available on the Bank’s website: xxx.xxxxxxx.xx; Deposits denominated in foreign currency expose the holders to a significant risk! Exchange rate fluctuations may significantly reduce the amount of interest in GEL! If GEL strengthens by annual 15%, the effective IR will be annual %. Please consider that: Your deposit is insured under the Deposit Insurance System in compliance with the Law of Georgia on Deposit Insurance System. If the Main Terms of the Agreement (as provided in this Preamble, including the interest rate) are revised, the customer will be notified thereof via SMS no later than 2 (two) months in advance, while price increase on other financial facilities will be communicated via SMS no later than 1 (one) month in advance. The Client can make a complaint orally, in writing (fill out a standard Complaint Form or compose a letter of complaint on his/her own) and electronically. Useful information for clients is available on the National Bank of Georgia’s website - xxx.xxx.xxx.xx/xx and through the hotline – +000 000 000000. Term Deposit Agreement
