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 ...
How can I redeem my investments?
Simple! 🎉 You access the fund, click on "Sell", choose the account in which you want to receive the money, and choose whether you want to redeem all or just a part. ...
What is the tax rate on deposits?
In Romania, the tax applied to interest earnings is 10% of the earning value. 😇
How are earnings from stock market investments taxed?
The tax related to stock market investors is 16% on profit. 🙂Practically, you will pay 16% of the profit related to stock market investments.
How can I open a savings account and what does it entail?
The savings account can be opened in a few minutes in BTPay Mobile or Web, but also in any BT agency. The minimum amount to open the savings account ...
How do I become an investor in one of the funds managed by BT Asset Management SAI?
You can become an investor after signing the brokerage contract with BT for investment funds and, if applicable, the form to join the fund ...
How can I close an ACTIVE Deposit?
If you want to close an ACTIVE deposit, you can do it quickly at any of our units:➤⠀the amount available in the deposit will be transferred ...
Are there commissions or fees for adding a second parent as an authorized person on KidCONT? But for the first parent (the one who opens the account)?
No! When it comes to parents, we say clearly: 0 commissions. For none of them are there any commissions! 😉❗⠀You still need to know that on the account ...
Is there a minimum amount to open savings account for legal entities?
Yes, the minimum amount you need to open a savings account with us is 100,000 lei for legal entities.
How can I receive account statements regarding my investments?
You have several options, depending on what is easier for you: If you are a resident natural person and have the BT Pay app➭ access the Investments tab ➭ ...
What is the Common Reporting Standard (CRS)?
Common Reporting Standard (CRS), adopted at the level of the Organization for Economic Cooperation and Development (OECD) and transposed at the level of the Union ...
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 ...