How do I benefit from the accumulated money?
The money you save in the optional private pension is specifically saved for retirement. Therefore, ideally you should wait until you retire to ...
How do I activate the Direct Invest service?
The recurring investment option can be activated exclusively at your request, online through the BT Pay app, Investments section ➭ Investment Funds ➭ ...
What are the ceilings established by the Tax Code?
The established ceilings are 6, 12, and 24 gross minimum wages in the economy. For the calculation of the ceiling for the year 2025, the salary level ...
What is the deadline for submitting the unique declaration?
The final deadline by which the single declaration for extra-salary income earned in the previous year must be submitted is set annually by ANAF. In ...
Can I make partial withdrawals from the deposit?
In the case of term deposits, partial withdrawals cannot be made before maturity. Any withdrawal is only possible after the deposit is closed
Who guarantees the deposits?
In Romania, deposits opened at Romanian banks are guaranteed by the "Deposit Guarantee Fund in the Banking System". 😉
Can foreign currency savings accounts be opened for legal entities as well?
Unfortunately, they cannot. 😞 Legal entities cannot open foreign currency savings accounts. 🙁
Who controls and monitors the capital market in Romania?
„The Financial Supervisory Authority” takes care of this. 👍
What happens to the profits of companies in which I am a shareholder?
These can be: ➤⠀distributed to shareholders;➤⠀or they can remain in companies. ❗⠀The company's "General Meeting of Shareholders" (GMS) decides this fact.
What is a “public offer” through the capital market?
The public offer is the process through which a listed company (or one that wants to be listed on the stock exchange) sells a portion of its shares to finance itself. 💰
What happens if the savings account balance for legal entities falls below 100,000 RON?
In this case, the savings account is closed and the interest is received up to date. The money is thus automatically transferred to the current account. 🙂
When is the time to have an investment fund?
Throughout life, everyone's saving goals change. You can save money for a car, a home, an exotic vacation, education ...
