What is the difference between a deposit with capitalization and one without capitalization?
➤⠀if the established deposit is with capitalization, upon maturity, the interest is accumulated in the deposit account. ➤⠀and if the deposit is without capitalization, ...
Are investment funds guaranteed, like deposits?
Investment funds are not guaranteed, at the industry level, as they are not bank deposits. 😕However, the placements are diversified, ...
Can I deposit the money directly into the deposit account?
Unfortunately, it is not possible. 😞But because we try to make all procedures as simple as possible, you only need to deposit the money into the current account, and then ...
Can I make deposits into the account after its establishment at BT?
Well, it depends: 🤔➤⠀if you have made a term deposit, it cannot be funded later;➤⠀however, savings accounts or KidCONT can be ...
What savings products can a legal entity access?
Besides the classic term deposits at 1, 3, 6, 12 months, or more than 12 months (24 and 36 months), legal entities can also use the savings account. ...
What are the advantages of investing in an open-end investment fund?
The main advantage is that you can access your invested money anytime, taking into account (of course) the commissions related to early redemption that could ...
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. 🙂
Where can I check the interest rates applied to deposits?
You can check the interest rates related to online saving products on the BT website, in BTPay mobile and web, or at any BT unit. 😊
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
In case of early liquidation of the deposit, was interest granted?
In case the deposit is liquidated before maturity, Banca Transilvania grants sight interest. At this moment sight interest ...
In the situation where OTP clients withdraw the amount from the deposit on the maturity date or one day before/after, do they have the possibility to withdraw the money without commission?
Regardless of the time when the warehouse is decided to be closed (including at the maturity date/automatic renewal), respectively cash withdrawal, ...
Can you withdraw money from a fixed-term deposit?
Yes, you can withdraw the money whenever you want - but you lose the interest if you withdraw the money before the maturity date.