Is it possible to open a savings account for minors?
Certainly! We simply call it KidCONT and it can be opened: ➤⠀either in RON; ➤⠀or in EURO. Afterwards, you can top up this deposit very easily, just with ...
What does "deposit with interest capitalization" mean?
By compounding interest we refer to the fact that, at the moment of the maturity date of your deposit, the interest will be added automatically, ...
How many KidCONTs can a minor hold?
Can you create two KidCont accounts for a minor: ➤⠀one in RON;➤⠀and one in EURO. If you need more details about how you can save for ...
What is „KidCONT”?
KidCONT is a BT product, which offers parents the possibility to save for their children. 👧It is a deposit that you can open with us, in ...
How can I make a bank deposit?
The easiest way to open a deposit is directly through BT Pay. All you need to do is download the app, open a current account, and enter ...
In what currency can I open deposits at BT?
You can open deposits in the following currencies:➤⠀„RON” – Ron; ➤⠀„EUR” – Euro; ➤⠀„USD” – US Dollar;➤⠀„GBP” – British Pound; ➤⠀„CHF” – Swiss Franc; ...
What is a "savings account"?
The savings account is a flexible saving option, where you can deposit and withdraw money anytime - additionally, you also have variable interest on installments ...
Where do I apply to receive an account statement for a deposit-type account?
Wherever you want! Choose the one most useful for you. We offer you several options:❶⠀The BTPay Mobile or BTPay Web applications❷ At any ...
Under what conditions does BT negotiate the interest rate granted on deposits?
We can negotiate deposit interest rates both for individuals and legal entities. 😃❗⠀However, negotiation can only take place in the case ...
What is a "guarantee ceiling"?
The Bank Deposit Guarantee Fund is the official deposit guarantee scheme recognized in Romania. The guarantee ceiling is the equivalent ...
Do legal entities pay tax on interest?
Legal entities pay tax on income from interest on deposits if they report a profit at the end of the fiscal year ...
What is the tax rate on deposits?
In Romania, the tax applied to interest earnings is 10% of the earning value. 😇