Cash settlement services (CSS) are necessary for any business. This is one of the most popular services today for small and medium-sized businesses and organizations. Owners of LLC and individual entrepreneurs usually they look at which state or commercial bank the cheapest cash settlement service, especially when depositing cash at a branch or ATM. But first you need to figure out what is included in this complex.
As a rule, services settlement and cash services include:
- opening and servicing accounts in rubles, foreign currency and currencies with limited conversion
- non-cash transactions in rubles and foreign currency
- conversion operations - currency exchange
- cash service - depositing and withdrawing cash (corporate plastic cards are also used for this)
- accrual and payment of interest on account balances
- performing the functions of a currency control agent
Now RKO is available without visiting the bank. You can also open a current account with delivery to your office. Our specialist will come to you and help you choose a tariff and prepare documents. And the online account booking service on the bank’s website will allow you to immediately receive a ruble current account number without presenting documents or visiting a bank office.
7 profitable cash settlement opportunities at Alfa-Bank
- Free account opening and connection to Internet banking
- Free service at the “Simply 1%” tariff
- Free card issue for working with cash
- Free payments to the budget and business clients of Alfa-Bank
- Free transfers to a personal account with Alfa-Bank up to RUB 100,000. / month
- 24/7 payments other clients of Alfa-Bank
- Online service: convenient online bank for entrepreneurs and cool mobile bank will provide you with access to your account from a computer, tablet or smartphone at any time.
If you choose a package of services that is suitable for your business, you can reduce the cost of cash management services, and if you pay for 9 months at once, your company will be serviced for free for another 3 months. After opening an account, you will also be able to receive discounts on goods and services from the bank’s partners and useful services for business as a gift.
Now that you have learned all the advantages of cash settlement services in Alfa-Bank and the nuances of banking settlement and cash services, there is no doubt which bank to choose - universal bank, offering a full range of services for legal entities, and providing technological services for cash management
Today, a lot of people are thinking about where it is profitable to invest money with minimal risk and good income. Investing is one of the most popular options for making a profit, but not all methods are safe. Therefore, before investing your savings in a particular project, you should weigh the pros and cons, and only then make an informed decision. In our difficult and unstable times from an economic point of view, the best option for investing funds is a bank deposit, where the state is responsible for the money of depositors. In the event of bankruptcy of a credit and financial institution, an amount not exceeding 1.4 million rubles is paid. But this is provided that the bank is on the register of the deposit insurance system. That is why you should choose with maximum responsibility the bank to which you want to entrust your funds in order to make a profit.
Today, there are hundreds of banks operating across the country, offering customers a wide variety of deposit products. There really is plenty to choose from. Special attention deserve long-term deposits that enable the investor to earn good money. What is the peculiarity of such deposit programs? This issue requires more detailed consideration.
What are the types of long-term deposits?
It is worth saying that just recently this investment option caused concern among people; some are still afraid to trust the bank with their savings for a long period. Basically, these fears lie in the fact that the economic situation in the country is not stable, and even experts cannot predict what will happen in a few years. However, people’s desire to earn money, while doing absolutely nothing, still turns out to be stronger. And it makes sense to keep it financial resources at home, if you can easily make money on them.
Long-term deposits in banks are a type of investment where the depositor puts his money in a deposit account for long-term storage without the possibility of early withdrawal. That is, you can withdraw funds only after the end of the contract.
Attention! Long-term deposits can be opened for any period at the client’s request, from 1 year and last for decades. More often banking organizations offer deposit programs for up to 10 years. At the same time, among the variety of deposit products, there are very often long-term replenished deposits, which can be replenished at any time, thereby increasing the deposit amount.
What you should pay attention to when choosing a long-term deposit:
- This is a replenishment opportunity. IN in this case, you should take into account the fact that a slightly smaller amount will be offered for the replenished deposit interest rate, but interest is always charged on the final balance. That is, the larger the amount per deposit account, the greater the benefit;
- pay attention to the moment of withdrawal Money. Every investor must understand that profitable long-term deposits do not imply such a function as partial or early withdrawal funds from the account. Therefore, when giving preference to such a deposit, you should take this point into account and choose the optimal time period for the validity of the deposit agreement;
- Is capitalization provided for the deposit? This function allows you to calculate interest both on the initial amount and on the monthly balance. Most often, the most profitable long-term deposits have interest capitalization. But here it is worth taking into account all the terms of the deposit agreement, since different banks they may differ, and the benefit of the investor will depend on this.
Many financial and credit organizations also offer this type of deposit as a long-term savings deposit. In this case, the very name of the deposit speaks for itself, namely that it must accumulate funds. Depositors give banks their savings, and they, in turn, offer favorable terms of cooperation and an attractive interest rate. But it is worth considering the point that in this type of deposit, the more favorable the conditions for the investor, the lower the interest rate will be. Most often, credit institutions offer the following types of savings deposits:
- with a nominal rate. That is, throughout the validity of the deposit agreement, interest will be accrued at the interest rate that was specified in the agreement and was initially established;
- with a rising interest rate. As a rule, here you will need to immediately deposit a fairly large initial amount and without the possibility of further replenishment. Over time, the small interest rate will increase, and at the end of the deposit, the investor will be able to receive quite a decent income;
- with interest capitalization.
Deposits, Long-term
“Remember that money has the ability to multiply” - these words belong to the outstanding American politician Benjamin Franklin. And he knew a lot about money matters; it’s not for nothing that his portrait is depicted on a hundred-dollar bill.
This statement echoes the Russian common expression: “money to money,” which fellow citizens who are insolvent in financial matters especially like to use, justifying their reluctance to delve into these issues in order to manage money wisely. But money really goes to money, and it really can “multiply.” All over the world, at all times, any cash surplus people invested in some business or value in order to preserve and increase their capital. Money must work.
But how can you get them to work for you without having any investment skills or any special knowledge? It would be useful for every person to master at least the basics of managing their own money in order to be able to manage it wisely, because losing what has already been accumulated is as easy as shelling pears (just remember the millions of gullible compatriots who at one time invested money in financial pyramids). If financial literacy leaves much to be desired, then it would be wiser to turn to professionals, entrusting them with investment issues, or formalize cash deposit in a reliable bank. Deposits can not only preserve your savings, but also increase them.
High competition forces banks to offer very attractive conditions for depositors. You can place your funds for a variety of periods - you can open a short-term deposit (for a period of up to one year), or a long-term one. The longer the deposit period, the Better conditions are offered to clients. This is natural, because it is more profitable for the bank to borrow money for a longer period of time. Thus, interest rates on deposits for the same amount, but for different periods, can differ quite significantly. For example, if you invest 10 thousand rubles in a conditional bank for a three-month period, the return will be about 6.6%, and an investment of the same amount for 3 years will bring more than 10%. If the amount is large, then the difference in profit received will be significant. Investors with higher amounts receive a correspondingly higher interest rate.
Banks encourage in every possible way the opening of long-term deposits, developing a variety of bonus programs. One of the “sweet” offers is the capitalization of interest - an option in which monthly accrued interest is added to the principal amount, which thus constantly grows, and the following percentages are already accrued for the increased amount. Banking institutions often offer clients who open a long-term deposit a deposit as collateral. A long-term deposit has, perhaps, one significant drawback - the inability to withdraw money before expiration. deadline without losing any interest. But, if previously, a depositor who withdrew funds ahead of schedule was subject to penalties, today banks behave more loyally in such a situation.
Thus, the conditions offered by banks are clearly more favorable for long-term deposits than for short-term ones. Therefore, if you have the opportunity to save a certain amount of money for several years, a reasonable decision would be to open a deposit for long term. But if in the West long-term investments- this is a very common practice, then for some reason our compatriots are in no hurry to give their savings to banks for a long time, preferring deposits for up to a year. This happens, first of all, because Russians do not have firm confidence in stability economic situation in the country. Uncertainty about the future, the already habitual distrust of banks, sad past experiences and the unpredictability of how quickly savings may be needed are good reasons for the reluctance to use advantageous offers banks on long-term deposits. It is much easier to predict the near future, which is why Russians prefer short-term deposits.
But is it worth dramatizing the situation? Yes, Russian economy today is not in its best shape, and there is a high probability of a further slowdown economic growth, and inflation does not stop growing. But there is no doubt yet about the reliability of the banking system, according to at least, do not worry about your deposits. After all, anyone Russian bank, taking funds from individuals, is part of the deposit insurance system, which means a state guarantee of saving depositors’ money.
The CER protects citizens' deposits, both in rubles and in foreign currency, as well as funds in current accounts. An insured event is the termination of a bank’s activities, primarily the revocation of a license. In this case, depositors must receive compensation from the DIA (Deposit Insurance Agency) within 14 days, payment of which is carried out through an agent bank. Return to the investor of funds, including those accrued before insured event interest, guaranteed for an amount of up to 700 thousand rubles in each bank. A special fund has been created for this purpose. If the deposit amount exceeds set limit, it will be possible to get the rest of the money, but with great losses. Therefore more large sums It is better not to put your savings in one bank, but to distribute them across several. It may not be very convenient, but it is safe. This will be observed and most important rule investing – distribution of assets in the investment portfolio.
What is the opinion of experts about which deposits are more preferable - long-term or short-term? What should you consider when choosing a deposit? Marina Nadtochiy, head of the deposit product development department at Alfa-Bank, advises opening short-term deposits in conditions of rising rates, then you won’t have to re-open the account with each increase in rates. When rates go down in the market (as they are now), it is better to make a long-term deposit in order to lock in for a longer period high percent.
Deputy Chairman of the Board of Raiffeisenbank, Head of the Directorate for Services to Individuals and Small Businesses Andrei Stepanenko is confident that the preferences of depositors depend on the level of interest rates. At high rates, clients choose a longer deposit period in order to lock in high bid. Deposits with the ability to replenish and withdraw are especially convenient. Deposits opened through Internet banking are becoming very popular, since they often give increased rate, and the client saves his time. A. Stepanenko reports that today they are mostly opening short-term deposits. This is not least due to the slowdown in economic growth, in which people do not want to save money for a long time. He also noted that in Lately the average size contribution has increased. This applies, first of all, to the segment of deposits up to 400 thousand rubles. According to Stepanenko, these are savings of the middle class, which would be more correctly called “deferred consumption” rather than long-term savings.
As for the most preferred currency when choosing a deposit, here you need to take into account, if the client has loans, in what currency he receives wages and carries out the main expenses that he has investment plans– short-term or long-term. This is a complex question, so it is impossible to give a definite answer. From Marina Nadtochiy’s point of view, if a client has a loan, then funds should be saved in the currency of the loan and basic expenses. And the term of a deposit in foreign currency also depends on the frequency with which the investor plans to use foreign currency savings.
Whatever deposit you ultimately prefer - short-term or long-term, foreign currency or ruble - do not forget that choosing a bank is a serious matter. A reliable credit institution can be considered more or less large bank, it’s good if it is, one way or another, controlled by the state. Such banks in difficult times the state usually provides support to preserve banking system in general, as it was, for example, during the crisis of 2008-2009.
Announcement. Features of long-term deposits in 2020. Current normative base and offers from leading banks.
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For every person, savings are an incentive to earn more. That is why many people save money and invest it in numerous financial instruments.
The lowest risk instruments on this moment is a long-term bank deposit.
What you need to know
Each person should initially become familiar with the concept of contribution and its features. After all, this will affect the profitability of the financial instrument.
But the more functionality, the less the investor earns. You can open them via Internet banking or in person at the lender’s branch.
Internet banking is remote management of financial instruments using a computer or telephone. Comes as an extra free service to an open instrument.
For what purpose is it formed?
Long-term products are being formed for intended use investor. That is, perhaps these funds are needed to pay for tuition at a higher educational institution or to purchase an expensive product.
In this case, there is accumulation for a certain period of time. Now this service is relevant for those who are saving for an initial fee on mortgage lending.
For the bank, the goal is to attract as many clients as possible to place free funds and asset formation. Based on this, settlement financial instruments appear in the form of checks and credit cards.
Depositor requirement
There are no requirements for the investor as such.
But creditors have the right to make demands on:
Current regulatory framework
Regulates the issue regarding investments the federal law dated December 2, 1990. It is here that the concept itself is specified, the possibility of attracting free funds by certain credit institutions.
The possibility of a return is discussed here sum of money in the amount of 1,400,000 rubles in the event of liquidation of a banking institution.
It also talks about the target direction, basic principles, and the rights of investors to compensation within a specified period of time.
General conditions of accommodation
Exist general rules on placing funds in the accounts of a credit institution.
To begin with, it is necessary with the entire product line located on financial market, and then make specific choices based on your own priorities.
It must be remembered that income consists not only of the interest rate, but also of the service. Therefore, you need to make a choice towards this functionality.
Opening rules
There are certain rules for opening a bank account. As mentioned earlier, you initially need to decide on the program.
To do this, you need to analyze the amount of investment, cost and. As a rule, long-term deposits are already a highly profitable instrument.
But it is better to open it without partial spending and replenishment, if the citizen is sure that he will not need this money.
There are also a few more opening rules:
- You must choose a credit institution that is a participant in the insurance system. This will allow you to return funds in the event of liquidation of the organization. These are the majority of companies. Large financial institutions are already classified as ;
- You should not invest all your money in one deposit. This will minimize the risk of loss, especially if the amount exceeds 1.4 million rubles;
- You should not open a deposit, justifying your position with high interest rates. As a rule, there are also expense operations that reduce the cost several times. Or are they simply promotional bids;
- You should carefully read the documentation provided when making a deposit. It is necessary to review all pages and clauses of the contract, and only then sign the terms. Agreement bank deposit Can ;
- you need to choose by, and not by the interest rate. It is better to be guided by the opinion of relatives or friends who have previously purchased a financial product;
- get maximum income possible with a long-term deposit without partial spending.
If registration takes place online, you must:
- get acquainted with the product line of the financial institution;
- view tariffs;
- fill out an application to receive the product;
- transfer funds from another account.
List of documents
To submit a financial proposal you will need to provide:
- citizen's passport Russian Federation or residence permit;
- individual tax number if necessary;
- documents confirming the legal receipt of this amount when maximum limit attachments;
- application of the established form.
Types of this investment
At the moment, there are several types of such investments:
| View | Peculiarities |
| Target | They involve investing in a highly profitable product for a long period of time. The deadline ends when a specific goal is achieved. For example, when a child enters educational institution. The advantage over the previous option is the possibility of replenishment |
| Implies the obligation to replenish a certain amount within a specific time frame. The interest rate is slightly lower than on a term deposit, but it is suitable for those who want to start saving with small amount cash Estimated possibility of generating income during management. That is, there is a subtype here - expendable or only replenished | |
| They allow you to make money not only on the interest rate, but also on currency exchange rate fluctuations. To avoid losing money, you should invest in several currencies at once | |
| Designed specifically for citizens of retirement age who have documentation that will confirm this fact. As a rule, this is a fairly high interest rate and a reduced down payment. Additionally, the deposit can be replenished and expense transactions carried out | |
| No time limit with minimum interest rate |
Where to place profitable long-term deposits
You can place a long-term deposit in any financial institution who have it in mind. This could be a bank, microfinance organization.
Each proposal must be weighed. A deposit in a banking institution is considered the lowest risk.
With replenishment
You can make a deposit with replenishment at almost every credit institution. Typically, these are not the highest-yielding liabilities. But they allow you to avoid inflation.
Their design is no different from the standard one. But the client has the opportunity to deposit additional funds within a certain period of time.
Optimal offers presented at:
| Name | Interest | Minimum for investing long-term deposit | Term |
| RRDB | 6,95 | 1 ruble | From 1 year to 5 years |
| 7,1 | 100 rubles | From 1 year to 5 years | |
| 7,15 | 500 rubles | From 1 year to 5 years | |
| 4,1 | 500 rubles | From six months | |
| 8 | 1,000 rubles | From 1 year to 5 years | |
| Rosgosstrakh | 7,2 | 1,000 rubles | From six months |
| 7,1 | 1,000 rubles | From 1 year to 5 years | |
| 6,95 | 1,000 rubles | From 1 year to 5 years | |
| Prio-Vneshtorgbank | 6,5 | 1,000 rubles | From 1 year to 5 years |
| 7,2 | 3,000 rubles | From 1 year to 5 years |
Per child
Each parent has the right to open an account by transferring a certain amount of money to the deposit. An account can be opened by a minor over 16 years of age.
For 10 years
Long-term investments can be opened for a period of up to 10 years. As a rule, such a deposit involves additional options.
| Name | Interest | Amounts | Conditions |
| VTB 24 Comfortable | 1,9 | 500 | Replenishment, partial expenditure, with capitalization |
| Transcapital long-term | 5,3 | 10 000 | Monthly interest payment and preferential termination |
| Savings from VTB (long-term deposit in dollars is possible) | 2,75 | 100,000 (equivalent in foreign currency) | Replenishment, monthly payment with capitalization with the possibility of increasing the rate |
| Profitable from VTB | 3,1 | 200 000 | Replenishment, partial withdrawal, monthly payment with capitalization, with preferential terms |
| Bank Russia | 6,5 | 10 000 000 | Replenishment, monthly payment with capitalization, with preferential terms for terminating the contract |
With capitalization
| Name | Interest | Minimum investment | Deadlines |
| Transcapitalbank | 4,8 | 1 | From three years |
| Sberbank | 4 | 1 | From three years |
| Comfortable VTB | 3,8 | 500 | From three years |
| Zhivago bank | 5,7 | 1 000 | From three years |
| SKB | 3,65 | 1 000 | From three years |
| Prio-Vneshtorgbank | 5,67 | 10 000 | From three years |
| Sovcombank | 6,1 | 30 000 | From three years |
| Orient Express Bank | 6,85 | 650 000 | From three years |
| Rosselkhozbank | 6,2 | 1 000 000 | From three years |
How is the interest rate on a deposit set?
The interest rate is set based on the investment amount and the specified period in the agreement.
The cost is also affected by the presence of additional functionality, such as partial spending and replenishment.
Interest rate is agreed upon at signing individual conditions agreement and after paying the appropriate amount.
In what currency should I register?
In foreign currency, it entails an increased risk of losing your own savings. In addition to the interest rate, you can benefit from currency correlation.
But as practice shows, it is impossible to predict here. In this connection, if a citizen wants to try himself as an investor, then it is better to open multi-currency deposits, thanks to which losses will be insignificant.
If one currency falls sharply, the second will help compensate for the losses.
Questions that arise
For many citizens, upon opening financial product Additional questions may arise. That is why, before going to a financial institution, every person should read all the frequently asked questions.
And after that, he can open the most profitable product on a long-term basis.
Nuances when registering abroad
A citizen can open a deposit in a subsidiary located abroad. But it is worth understanding that this type of instrument is no longer covered by Russian legislation.
Accordingly, when a company is declared bankrupt, insurance amount no one will get it. Another nuance here is the presence of a moratorium on withdrawals.
Moreover, in order to deposit money into the bank, you will have to visit a branch abroad. Travel will also be required to close the product.
What are the risks for the parties
Until recently, deposits for a long time did not particularly attract investors: after all, the situation in the financial arena is not very stable. But nevertheless, the desire to earn money without doing anything is higher. It's stupid to keep money at home when it can multiply. Therefore, based on this, it is better to take them to the bank and choose a convenient long-term deposit.
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What it is?
A long-term deposit means funds that are deposited in the bank under the condition of long-term storage without the right of premature withdrawal, which is allowed only after the expiration of the deposit.
Such deposits can be kept for decades, and the investor receives good interest. There are open and closed deposits. Open deposits include those that can be replenished. In this case, interest is calculated on the resulting balance.
Accordingly, non-replenishable deposits are classified as closed. But the advantage of the latter is high interest rates.
Conditions
Before making an investment in any financial institution, it is better to familiarize yourself with the terms and conditions they offer.
Namely, the choice should be influenced by the following:
- Possibility of replenishment. It is necessary to clearly understand that when the deposit is replenished, the rate will be lower, but interest will also accrue on the final balance in the account.
- Withdrawal of funds. For a long time time deposits This function is absent - there is no partial withdrawal or early withdrawal of the entire amount. This should be kept in mind when choosing a time period.
- Availability of capitalization. This function allows you to calculate interest both on the initial deposit amount and on the monthly balance. Capitalization occurs either every month or every quarter.
Where to place long-term deposits
Today, not many banks offer long-term deposits, but nevertheless, the most trusted ones can provide such an opportunity.
Long-term deposits include those deposits where the investment period starts from a year or more, and withdrawal of funds is not recommended. Banks offer various programs, among which the depositor will choose the most optimal one.
With replenishment
The table shows deposit options with the possibility of replenishment.
Video: Investments
Per child
There are long-term deposits that are opened in the name of minor citizens. In frequent cases, this is money for education that parents prudently save for their child.
Sberbank offers the optimal deposit for a child “Deposits for a child 0+”.
This deposit has a number of advantages over any others:
- The initial payment is 1,000 rubles;
- There is capitalization of interest;
- Replenishment can be made at any time at a bank branch, and any relative can deposit funds by presenting a Russian passport;
- There is an option "Save money", i.e. partial withdrawal of funds can only be made with the consent of the guardianship authorities;
- The child receives full access to the money upon reaching 18 years of age;
- From the age of 14, a child can partially manage the deposit.
Cumulative
This type of deposit speaks for itself - it must accumulate. And for the fact that investors give their hard-earned money to banks, the latter, in turn, offer depositors favorable conditions and interest. One nuance - the more favorable the conditions for the client, the lower the percentage.
What options for savings deposits can be found in financial institutions?
- With a nominal rate. An investment where the payment is fixed throughout the entire period and interest is withdrawn only upon expiration of the investment period. You can withdraw the money prematurely, but in this case the rate declared by the bank is canceled. Sberbank, Rosselkhozbank, Vozrozhdenie Bank, Rosbank have this function.
- Rising interest rate. When choosing this condition, you need to be prepared to make a significant down payment without the right to replenish your account in the future. But what is the essence - the deposit is opened at a small interest rate, but after a certain period it increases. And this happens throughout the entire duration of the contract. In the end, the client receives a good amount. This condition is provided by Sberbank, Alfa Bank, Russian Standard.
- Interest capitalization. The money in the form of interest that drips onto the invested amount every month will be some addition to it. As a result, the deposit itself increases and interest is accrued on the final amount. It turns out that profits behind the scenes increase by about 0.3%. Moreover, such investments are replenished. This condition operates in Gazprombank, Otkritie, Alfa Bank, Sberbank.
For 10 years
When investing your funds for a period of up to 10 years, the investor must remember that he is exposed to a certain risk. Namely because of the unstable financial situation You may lose your entire deposit.
On the market banking services Every now and then organizations close, so when deciding on long-term investments, you need to choose a bank wisely. At the moment, only 16 organizations out of 50 tested offer ten-year deposits.
But despite the risk, ten-year deposits also have their advantages:
- The percentage of profit will be higher than on time deposits. This is despite the fact that the interest rate is much lower;
- The ability to replenish savings deposits makes it possible to raise money for certain needs;
- Availability of capitalization conditions;
- Many banks, when investing for 10 years, have a program to reduce other banking expenses, as well as provide a variety of bonuses (reduced loan rates, opening an account, etc.).
When choosing such a deposit, you should carefully study all the conditions provided by the bank and read the agreement. Because many organizations are silent about the fact that the rate may decrease during this period and the desired interest may not be received.
For example, you can consider a 10-year deposit from Rosselkhozbank.
Such deposits include investments opened for a child, i.e. until he reaches the age of majority, or savings deposits, for example, until retirement age.
There are no specific deposits for a twenty-year period in modern banks, because no organization will provide guarantees for such a long period. But there are deposits that can be extended as many times as you like.
| Name of the bank | Sberbank | Gazprombank | Binbank |
| Name of deposit | Save | Rentier | Investment in the future |
| Interest rate | From 5.50% | From 7.50% | From 11.5% |
| Minimum contribution | 1,000 rub. | 15,000 rub. | 50,000 – 150,000 rub. |
| Conditions for extending the contract | Unlimited | Unlimited | After the end of the contract, it is renewed automatically at the “Profitable +” tariff |
| Investment term | Up to 3 years | Up to 3 years | From 6 months |
| Deposit currency | Ruble, $, € | Ruble, $, € | Ruble, $, € |
| Premature withdrawal or partial withdrawal | No | No | 0,001% |
| Additional payments | No | No | No |
If you want to save for a long time and without risks, then it is better, of course, to choose rollover deposits. There is practically no risk of losing your interest and profitability.
With capitalization
How can you make money on your investments? Very simple. Open a deposit with interest capitalization. For many it will seem like something unrealistic, but in fact this is a rather favorable condition that the bank can offer.
Capitalization refers to the addition of accumulated interest to the principal amount of the investment. And then interest will be accrued on the resulting amount.
It turns out that the profit comes not only from the initial payment, but also from the interest that is accrued every month. This condition can be met every month, every quarter or at the end of the year.
Due to high profitability, not all banks offer deposit capitalization, but not all investors want to use it.
Let's look at the reasons why interest is not capitalized:
- There is a desire of the investor to receive interest on a personal account as additional income;
- The bank branch itself and the deposit being opened do not provide for this condition;
- The capitalization rate is much lower than a regular deposit.
Today, investments with interest capitalization are offered by Russian Standard, VTB 24, Sberbank, and OTP Bank.
At a high interest rate
A deposit at a high interest rate implies more stringent conditions for investors than with conventional investing.
This may include:
- High down payment when opening a deposit;
- Lack of capitalization;
- No account replenishment;
- Minimum investment terms without extension;
- Interest is paid at the end of the contract.
Nevertheless, banks also work with such deposits. Among the most popular are deposits of Sberbank, VTB 24, Rosselkhozbank, Gazprombank, Bank of Moscow, Russian Standard.
Kinds
Long-term deposits can be divided into:
- replenished, or open;
- not replenished (closed).
Based on the names, it is clear that in the first case the depositor has the opportunity to make payments to his account.
At the same time, when concluding an agreement, the terms when you can top up your account are stipulated: every month, every day or once a year. In the second case, no payments are made to the deposit, but the rate with the initial payment will be higher.
How to open
Today there are two ways to open a deposit: online services and a personal visit to the bank office.
If you want to open a deposit online, you must first be a client of a bank that provides such a function.
Because opening an account via the Internet takes place in personal account depositor. Online opening of a deposit with favorable conditions offered by Sberbank and B&N Bank.