Can the interest rate change during the course of the deposit contract?
The interest rate does not change during the term of the deposit contract. The interest rate from the date of signing the contract will remain the same throughout the period of ...
What is the interest rate?
The interest rate is the main element based on which the interest is calculated. It is expressed as a percentage, annually. For example, an interest rate ...
What is the “interest rate” on loans?
The interest rate is the element you must absolutely consider when you take a loan. 😉Practically, this is the percentage of the total borrowed amount ...
What is the difference between variable interest and fixed interest?
➤⠀the fixed interest rate is set at the signing of the credit contracts and cannot be changed throughout the financing period. 📁➤⠀on the other hand, the variable interest rate ...
What does "bank margin" mean?
Bank margin is a component part of the loan interest which is set as a fixed percentage throughout the contract period. 📑❗⠀If you are thinking of taking ...
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 ...
What rights do I have when I take out a loan?
When you take a loan, first of all we advise you to choose the loan that suits your need. We respect the right to information and we provide you with ...
What interest do I have on the money in the current account?
We are sorry, but currently we do not grant interest for the amounts available in the current account. 🙁The interest on demand deposits is zero. 👌
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 ...
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. 😇
Do I lose the interest if I close the deposit before maturity?
Depends on the type of deposit! 🤔 In the case of classic deposits, the accumulated interest is lost if it is terminated before maturity, the exception being ...