R – the final interest rate at which interest is calculated and accrued for the reporting month

Sn – minimum balance of recent months n (n = 1,3,6,12 month)

Rn – interest rate for period n (n = 1,3,6,12 month)

G – interest accrued in the reporting month

K – number of days in the reporting month

S1 – minimum balance for the reporting month

Savings account statements are provided to the client at intervals of at least thirty days by the client preferred method. The bank does not undertake to provide an account statement if no transactions were made during the reporting period.

Statements and copies of payment documents from the account and provision of other information shall be established in accordance with the applicable Bank Rates.

VAT taxable commissions include VAT.

Unspecified conditions in this document are regulated by the Terms of the Services provided by the Bank.

The interest rate depends on the period of availability of funds on the account and the minimum balance for the last 1, 3, 6 and 12 months, therefore, the longer savings are made, the higher the interest rate. The Bank charges and pays accrued interest for the minimum balance of the current month at the end of the calendar month by capitalizing the balance on the account, unless otherwise set by the agreement between the Bank and the Client. Paying the interest, the Bank collects and transfers to the state budget taxes prescribed by law. In case of zero balance on any day of the calendar month, the interest for the given calendar month is not accrued and paid.