OREANDA-NEWS. The Bank of Moscow keeps on expanding its product line for individuals and offers a new deposit — Maximum Income — that can be opened in any branch of the Bank of Moscow located in the Russian Federation.

The deposit is to be opened in RUR, USD or Euro with the amount of minimum initial deposit being 1000 RUR or USD/€ 300. The effective interest rate for RUR deposits is 11.07% annually. Special terms and rates are offered to pensioners. The term of the deposit is individualised and ranges from 91 to 1095 days. Interest is paid on a monthly basis. Transferred interest is available for use any day throughout the term of deposit.

"The name of the deposit, i.e. Maximum Income, speaks for itself. The deposit permits to receive monthly highest interest within the Bank’s line of retail deposits", commented Natalia Konovalova, Vice President and Director of the Retail Product Department of the Bank of Moscow. "In this market it is a reliable and profitable tool for raising income for our clients".