OREANDA-NEWS. October 27, 2009. BTA Bank launches to the market a new deposit called Avansovy (Advance) suggesting payment of interest for the entire term of the deposit on the day of its opening. The deposit is opened for the term 91 and 181 days in rubles, US dollars and euros. The interest rate does not depend on the deposit term, reported the press-centre of BTA Bank.

The interest rate on the Avansovy deposit is 15% per annum, with the deposit amount to be from 15 till 300 ths rubles; 15.5% per annum with the deposit amount to be more than 300 ths rubles. The interest rate in US dollars is 7% (for deposits in the amount of more than 10 ths US dollars). The interest rate in euros is 6.5% (for deposits in the amount of 500 – 10 000 euros), 7.5% (for deposits in the amount of more than 10 ths euros).

- The Avansovy deposit is intended for those, who sees inconvenient to visit the Bank every month to take his/her interest or just enjoys getting the profit of the deposit straightaway. The Avansovy deposit will also help keep consuming power of funds safe from inflation - says Andrey Tretiakov, Executive Director at BTA Bank.

Interest on the Avansovy deposit is paid into the plastic card or current account of the customer. If the entire or part of the deposit is withdrawn, interest is paid at the demand deposit rate. Every customer, who opens the Avansovy deposit, receives a present – a plastic card VISA or  MasterCard.