VTB bank calculates and pays interest on the average monthly and minimum
required balance of your account
Placement of funds on current account
VTB bank calculates and pays interest on the average monthly and minimum
required balance of your account
Types of deposits
Average monthly balance
Minimum required balance
The minimum initial deposit
RUB 2 million
Maximum amount
None
The minimum required average monthly balance must be maintained
For 6 months
Interest
Interest rates depend on the average monthly balance and the daily
balance of your account. Interest is paid on a monthly basis, on the last
working day of each month.
If the required average monthly balance is not maintained, interest
for an incomplete calendar month is paid at an agreed regular bank
account rate.
About deposit
The minimum required balance is similar to a deposit in a settlement account.
Interest on the minimum required balance in Russian rubles/US dollars/
euros is imputed and paid only if the amount is maintained in this
account for the entire term specified.
Minimum initial deposit
RUB 500 000
US $/€ 15 000
Maximum amount
None
The period for maintaining the minimum required balance can be fixed
From 1 to 365 days
Interest
Fixed rate depending on the amount of the minimum required
balance and the period in which it must be maintained
Interest payment
One-time payment on the day following the end of the minimum
required balance period.
If the minimum required balance is not maintained, interest is paid
at the agreed regular bank account rate
About sign deals
Customers can sign several minimum required balance deals valid on the same date.
Deals can be concluded using traditional paper forms or through
one of our paperless options our remote banking system or VTB s
secure email system.