How is interest on deposits calculated?
We calculate the deposit interest according to the following formula:Gross interest* = (Nominal value** x Actual number of days*** x Interest rate) / 360 x 100 ...
What are "dividends"?
Company profits can be distributed to shareholders proportionally to the number of shares held. The portion of profit distributed to shareholders is ...
What is the difference between a savings account and a deposit?
There are several differences, here are the most important ones:➤⠀The savings account is for an indefinite period of time, while a deposit is for a fixed period ...
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, ...
Is the interest earned on term deposits taxable?
Yes, interest income from savings instruments is taxed at 10%, according to current legislation. 📜 The respective tax is withheld ...
What is the method of calculating the interest on term deposits?
We calculate the interest on term deposits according to the following formula: Gross interest = (Nominal value x Number of effective days x Interest rate) / 360 x ...
How can I invest in BT shares?
To invest you can through the BT Pay application in the "Investments" section, through investment funds from BT Asset Management or you can ...
What interest rates does BT have on deposits and savings accounts?
Consult the tables with our interest rates depending on the amount and the period for which you want to save. 💰Alongside these, you can also find information with ...
Is it possible to negotiate the interest rate on deposits?
Interest on deposits can be negotiated if the client opts for the establishment of a negotiated deposit. The minimum amount for establishing such a ...
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 „BT Trade”?
It is the online stock trading platform of BT Capital Partners (our brokerage company). 😊Through BT Trade you can open an account ...
What is a "bank deposit"?
It is practically the place where your money multiplies. 🤑In other words, in a bank deposit an amount of money is deposited, for a predetermined period and which ...