Become a client
You too can become one of many satisfied clients of Komercijalna banka!
Open the foreign currency account according to your needs and abilities!
Komercijalna banka offers extremely favorable interest rates on foreign currency savings.
The Bank will open the foreign currency account at your request, free of charge, in all Bank’s sub-branches, upon presentation of a valid personal identification document.
The Bank has designed, for your needs, different models of time savings:
- Time savings deposits placed under regular terms and conditions
- Rental savings
- ’’Cricket’’ savings
The Bank manages the deposits received from the private individuals in the currency in which they were deposited, with no additional indexation.
You may deposit your FX funds as term savings in EUR, USD and GBP and fix the deposits to 1, 3, 6, 12, 24 and 36 months.
For term-depositing of foreign currency, the Bank established the minimum amount of EUR 100 or counter-value in other currencies.
The client, the holder of the term deposit, according to the terms indicated in the previous paragraph, is entitled to be informed by the Bank, 15 days prior to expiry of term depositing, about the term for which the Contract shall be extended and about any new interest rate; he/she is also entitled to terminate the Contract within 30 days from the date of receipt of such information at the latest, free of charge and with the interest accrued as agreed for the expired term period.
Savings deposits that are term deposited, upon expiry of the initial term period, are automatically transferred to foreign currency account. Upon maturity date of the last deposit the savings account is automatically liquidated.
In exceptional cases, the disbursement is possible even before the expiry of agreed term, with correction of interest, in line with the terms stipulated in such particular Contract.
The applicable interest rates for term deposits placed under the regular terms and conditions depending on the term for EUR, USD and GBP valid after 27.02.2017:
|
TERM |
Interest rates per annum |
EUR |
USD |
GBP |
|
1 MONTH |
NIR |
0,05% |
0,10% |
0,25% |
|
EIR |
0,04% |
0,08% |
0,21% |
|
|
3 MONTHS |
NIR |
0,05% |
0,40% |
0,50% |
|
EIR |
0,04% |
0,34% |
0,42% |
|
|
6 MONTHS |
NIR |
0,15% |
0,60% |
0,75% |
|
EIR |
0,13% |
0,51% |
0,64% |
|
|
12 MONTHS |
NIR |
0,35% |
1,00% |
1,00% |
|
EIR |
0,30% |
0,85% |
0,85% |
|
|
24 MONTHS |
NIR |
0,65% |
1,15% |
1,00% |
|
EIR |
0,55% |
0,98% |
0,85% |
|
|
36 MONTHS |
NIR |
0,80% |
1,50% |
1,00% |
|
EIR |
0,68% |
1,28% |
0,85% |
NOTE: The stated interest rates are expressed per annum. Effective interest rate (EIR) on foreign currency savings deposits is expressed in the amount of nominal interest rate reduced by 15% of the tax on income from capital gains which the Bank pays for and on behalf of the client at the time of interest accrual. On term foreign currency deposits the Bank applies a fixed interest rate, using compound method of calculation.
Starting from December 1, 2020 until March 31, 2021, Komercijalna Banka has prepared for its clients a special offer of 12-month term savings in EUR with a minimum term deposit of EUR 100 under the following conditions: TERM Annual interest rates EUR 12 MONTHS NKS 1.10% EKS 0.93% NOTE: The interest rate is given on an annual basis. The effective interest rate (EIR) on foreign currency savings deposits is stated at the nominal interest rate less 15% of capital gains tax paid by the Bank on behalf and for the account of the client when accruing interest. The Bank applies a fixed interest rate to fix-term foreign currency deposits using a compound interest method. Representative example: Deposit amount 10,000.00 The period for which the Bank receives the deposit 12 months Currency in which the client makes a deposit EUR Indexing criteria No indexing criteria Nominal interest rate (annual, fixed) 1.10% EKS (annual) 0.93% The total amount that the user will receive after the term deposit period 10,093.47 Costs that shall be borne by the client, included in the calculation of EIR - Tax liability– 15% 16.50
Starting from 31.10.2020, on the occasion of the traditional celebration of the month of savings, Komercijalna Banka introduces a special offer of 60-month term savings in EUR with, a minimum term amount of EUR 1,000. As part of the special offer valid until March 31, 2021, clients have an exceptional possibility of gradual cancellation under stimulating conditions. TERM Annual interest rates EUR Cancellation before the 3rd month Cancellation after the 3rd month Cancellation after the 6th months Cancellation after the 24th month Cancellation after the 36th month Cancellation after the 48th month 60 MONTHS NKS 1.60% 0.00% 0.30% 0.50% 0.90% 1.30% 1.40% EKS 1.37% 0.00% 0.26% 0.43% 0.77% 1.11% 1.19% NOTE: Interest rates are given on an annual basis. The effective interest rate (EIR) on foreign currency savings deposits is stated at the nominal interest rate less 15% of capital gains tax paid by the Bank on behalf and for the account of the client when accruing interest. The Bank applies a fixed interest rate to fix-term foreign currency deposits using a compound interest method. Representative example: Deposit amount 10.000,00 The period for which the Bank receives the deposit 60 months Currency in which the client makes a deposit EUR Indexing criteria No indexing criteria Nominal interest rate (annual, fixed) 1,60% EKS (annual) 1,37% The total amount that the user will receive after the term deposit period 10.702,04 Costs that shall be borne by the client, included in the calculation of EIR - Tax liability– 15% 123,89
Representative example
Foreign Currency Savings Standing Order
Komercijalna Banka appreciates your money and time and has, therefore, with the foreign currency, standing order enabled you to save or pay your liabilities without coming to the Bank! All you have to do is to choose the amount of money and the time when you want the Bank to make a transfer from your RSD or foreign currency current account to your foreign currency savings account.
Minimum amount of a single foreign currency standing order is EUR 30.
Standing order