International Asset Bank

Asset Childhood

     Deposit “Asset Childhood” of INTERNATIONAL ASSET BANK AD is with special purpose (opened in favor of person underage) with increase percentage independent amount in an account.

Basic advantages

  • high liquidity
  • interest capitalization
  • possibility to add funds
  • various currencies

Purpose
To obtain excellent profitability of the deposited funds and possibility for depositing additional cash amount.

Amount
Minimum 500 BGN, 250 EUR, 250 USD

Tenor
No fixed

Annual interest rate

Amount BGN Interest % Amount EUR Interest % Amount USD Interest %
500- 999.99 5 250- 499.99 4 250- 999.99 3
1,000-1,999.99 5.5 500-999.99 4.5 1,000-1,999.99 3.5
2,000-4,999.99 6 1,000-2,499.99 5 2,000-4,999.99 4
5,000-9,999.99 6.5 2,500-4,999.99 5.5 5,000-9,999.99 4.5
10,000-19,999.99 7 5,000-9,999.99 6 10,000-19,999.99 5
20,000-49,999.99 7.5 10,000-24,999.99 6.5 20,000-49,999.99 5.5
50,000+ 8 25,000+ 7 50,000+ 6

Draw amounts from a deposit account

  • when a child is up to 14 years old, the law parents with permission from a courthouse
  • when a child is between 14 years old and 18 years old, it can do it with written agreement from a parent with courthouse’s permission
  • self-dependent from a no adult over 16 years old married
  • after the child complete 18 years old, the deposit is going to term less bank deposit.

Fees and commission charges
We don’t demand taxes for open, pay in and monthly serve of the account. When you draw cash, you owe charge 5 BGN or 5 EUR or 5 USD and additional charge as a draw from account according to Bank’s rate.

The deposit accounts in International Asset Bank arе guaranteed by the Lаw for guaranteeing the deposits in banks.