OREANDA-NEWS. December 5, 2011. The Bank of Moscow has declared increase of the interest rate on the Interest in Flight Deposit to be effective as of 1 December.

If opened prior to 31 January 2012, the deposit may bring income up to 11% annually in RUR and 6.7% annually in USD.

"On the eve of the celebrations we offer a higher interest rate on deposits. We hope this will become a pleasant New Year gift to our clients", says Natalia Konovalova, Managing Director of the Retail Business Block of the Bank of Moscow.

Deposits are opened in RUR and USD with the4 minimum deposited amount being 30 000 RUR or 1 000 USD. The term of deposit is 400 days. Interest is accrued in the end of the deposit term.