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Saving account  Asset Future

Saving account Asset Future

  • Choice of three currencies;
  • Depositing unlimited amount at any time;
  • No charges for opening the account;
  • Advantageous interest rates in BGN, EUR and USD;
  • Capitalization of the interest in the same account.

The saving account “Asset Future” is anaccount with special purpose – opened in favour of individuals under 18 years old with increasing interest rates depending on the deposited amount.

 

Until reaching the 18 years management of the funds is performing by the parents/custodians, following submission of authorisation by the district court of the account holder’s current address. A married underaged account holder above 16 years of age may manage the account on his/her own. After the account holder reaches legal age the saving account will be transformed into a termless saving account.

  • Currency: BGN, EUR, USD;
  • Minimum opening balance: BGN 100 / EUR 50 / USD 50;
  • Term: Until the account holder reaches legal age, after that the saving account will be transformed into a termless saving account.

Annual interest rate:

 

Minimum amount: 100 BGN

Annual   %BGN

Minimum amount: 50 EUR

Annual   %EUR

Minimum amount: 50 USD

Annual   %    USD

100-999.99

 0.15%

50-499.99

 0.10%

50-999.99

 0.15%

1,000-1,999.99

 0.25%

500-999.99

 0.15%

1,000-1,999.99

 0.25%

2,000-4,999.99

 0.35%

1,000-2,499.99

 0.25%

2,000-4,999.99

 0.35%

5,000-9,999.99

 0.45%

2,500-4,999.99

 0.35%

5,000-9,999.99

 0.45%

10,000-19,999.99

 0.55%

5,000-9,999.99

 0.45%

10,000-19,999.99

 0.55%

20,000-49,999.99

 0.75%

10,000-24,999.99

 0.55%

20,000-49,999.99

 0.75%

50,000+

 1.00%

25,000+

 0.75%

50,000+

 1.00%

 

Terms and Conditions for Interest Rates, Fees and Commissions Applied to Physical Entities` Transactions.

 

The funds deposited on accounts with International Asset Bank AD are guaranteed in accordance with the Bank Deposit Guarantee Act.

 

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