Savings Certificates
A deposit certificate - a security certifying the amount of the deposit made to the bank, and the right of the depositor (legal entity, individual entrepreneur - holders of the certificate) to receive the amount of the deposit and interest on it after the expiration of the established period.
A deposit certificate is an alternative to a bank deposit. To purchase a deposit certificate, you do not need to open a deposit account.
JSC Belagroprombank issues nominal deposit certificates.
Benefits of a deposit certificate:
- safety – the deposit certificate is issued on a special form with special protection methods;
- in case of loss by the owner of the deposit certificate, another person will not be able to receive income from it or redeem it;
- fixed interest rate, unchanged during the period of placement of funds;
- the ability to independently determine the frequency of receiving interest on a deposit certificate when it is issued;
- Possibility of payment before the expiration of the circulation period of the deposit certificate.
- the possibility of using a deposit certificate as a pledge to secure obligations to the bank and other creditors
- the possibility of transferring rights under a deposit certificate to another person
- the possibility of using a deposit certificate as a compensation for repayment of debts to the bank and other creditors
- Possibility to receive funds and interest on a deposit certificate at any center of banking services and at the Largest Business Center of the Bank, regardless of where the deposit certificate was issued
You can get information on deposit certificates by calling 136.
