OREANDA-NEWS. The Bank of Moscow offers Procenty Na Vzlet (Interest Take-off), a new seasonal deposit with an increased yield.

The deposit may be opened either in roubles or in a foreign currency. The initial amount deposited shall be RUB 100,000 or USD 5,000 or EUR 5,000, with maximum amount unlimited. Additional deposits or partial withdrawals are not allowed.

The deposit period is 450 days divided into three equal intervals.

Upon expiration of every 150-day interval:

interest rate increases;

interest accrued is capitalized;

interest rate remains unchanged in case of early withdrawal.

Interest rates for RUB deposits are as follows:

for the first 150-day interval - 7% per annum;

for the second 150-day interval - 9% per annum;

for subsequent 150-day interval - 11% per annum.

"The Procenty Na Vzlet deposit offers an excellent opportunity to fix a high yield in the long term. Depositors can manage their return within short time intervals with interest rates increasing over time or, if necessary, may withdraw their deposits without losing interest accrued," commented Natalia Konovalova, VP and Director of the Bank of Moscow Retail Products Department.

The deposit can be opened at any branch of the Bank of Moscow within the Russian Federation.