It's no secret that everyone has at least one issued loan: many of us are accustomed to living “on credit.” However, recently the financial literacy of the population has been growing: we are starting to look for other options for optimizing and replenishing our budget. Foreign currency deposits in Moscow are becoming increasingly popular. By converting savings into foreign currency, they protect against capital depreciation, and through interest payments, they allow you to generate income.

Interest on multicurrency deposits in Moscow

If you decide to open a foreign currency deposit in Moscow, then do not rush to take your money to the first bank that promises big income due to the highest rates on deposits in foreign currency. In fact, in order to assess the level of profitability of a deposit, you need to study all the nuances of its functioning:

1. You give the bank your savings (a minimum limit is set for each deposit) for a certain period (there are options for permanent deposits, which can be closed at any time).
2. During this period, the bank is not only guaranteed to keep your savings in a specified currency, but also actively uses them as part of its capital.
3. As soon as you want to withdraw money, the bank takes it out of its circulation and gives it to you with interest in the deposit currency.

As a result, foreign currency deposits in Moscow banks should be considered as a set of conditions such as amount, term and interest, which can be obtained precisely because the bank has the opportunity to use the amount on deposit within a certain period. Consequently, the more comfortable the conditions of your multi-currency deposit in Moscow or a deposit in one foreign currency for the bank, the higher interest on deposits in foreign currency you can receive.

Accordingly, high interest rates on foreign currency deposits in Moscow imply some restrictions for the client:

• since the bank has already planned that it will use your money for a certain period, it establishes a ban on closing the deposit before this period;
• if suddenly the deposit is open-ended, then the bank still sets a period during which it must be notified about the closure so that it can painlessly get the required amount from circulation;
• During the term of the agreement, you cannot withdraw part of the money placed on the deposit.

For compliance with these conditions, the bank pays the highest interest rates, but for violation it can reduce the initial rate to the minimum possible. Therefore, carefully evaluate your financial capabilities before opening a deposit.

Which bank in Moscow is better to open a deposit in foreign currency?

To open a multi-currency deposit or a deposit in one foreign currency, you will have to spend some time searching and collecting all the necessary information on the options presented on the market (Sberbank, VTB, and almost all Moscow banks work with deposits in foreign currency).

To find and choose your most profitable option for individuals' deposits in foreign currency in Moscow as quickly and effortlessly as possible, use special online deposit calculators for foreign currency deposits in Moscow. Based on your individual requirements, which you enter in the appropriate form, the system will select and display a complete list of suitable deposit options for 2019.

As a result, in one place for each current deposit option you will receive the following information:

• validity period of the deposit;
• interest rate (per year);
• final income (for a specified period: usually a year).

You can quickly make the right and informed choice, and then immediately submit an online application for a deposit in foreign currency and proceed to registration.

Contributions tobanks top 50: maximum rates for today in rubles

Sberbank and VTB have recently greatly reduced rates on deposits for individuals, and many small banks are now offering more favorable interest rates. But not all investors are willing to risk their money. Clients who today choose Moscow banks from the top 50 group hope that these financial institutions are reliable. In principle, this is true. Although, of course, the revocation of the license from the large Ugra bank slightly undermined confidence in other large financial institutions. It became clear that no one was safe from a loud fall.

On the other hand, everyone remembers the situation with the large and famous Binbank, which was on the verge of closure, but was saved by the state, and today merged with Otkritie Bank. This shows that size still matters in this case.

In any case, when choosing a bank, it makes sense to follow a simple rule.

• 1. If the deposit amount is more than 1.4 million rubles, then it is advisable to choose a bank from among systemically important credit institutions. Most likely, they will not be allowed to fall even in the most difficult times.
• 2. If the deposit size is less than 1.4 million rubles, then you can choose any bank with the most favorable interest rate. If the license is revoked, the money will still be returned to the owner, since deposits of individuals in banks are insured.

Deposits in Moscow banks from the top 50: maximum interest in 2019

Compare interest rates in Russian rubles on today's most profitable deposits offered by banks from the top 50 in terms of deposit volume. The emphasis in the publication is on the most popular investments today:

• - 1 month;
• - 3 months;
• - 6 months (six months);
• - 1 year.

Bank deposits for 1 month: comparison table

Clients who wish to open a deposit for a period of 1 month today can count on a yield of up to 7.0 percent per annum in rubles.

Bid	Bank / Deposit
	Vostochny Bank / Vostochny Deposit
	Loko-Bank / Deposit “Good Interest”
	Asian-Pacific Bank / “Save” deposit
	Gazprombank / Saving deposit
	Sovcombank / Deposit "Maximum Income"
	Bank Russia / Deposit “Spring Mood”
	Absolut Bank / Deposit “Grow Deposit On-Line”
	Svyaz-Bank / Savings Deposit

Deposits for 3 months: comparison table

Clients who wish to open a deposit for 3 months today can count on a yield of up to 7.75 percent per annum in rubles.

Bid	Bank / Deposit
	Asian-Pacific Bank / Zhara deposit
	Moscow Industrial Bank / Deposit "Accumulative (online)"
	Zapsibkombank / Deposit “I am reliable”
	Expobank / Deposit "Online Leader"
	Gazprombank / Savings deposit
	Bank FC Otkritie / Deposit “My piggy bank”

Deposits for 6 months (six months): comparison table

Deposits from individuals for a period of 6 months today have attractive interest rates. You can find a deposit with a yield of up to 8.08 percent per annum in rubles.

Bid	Bank / Deposit
	Investtorgbank / Deposit "ITB-Rentier"
	Transcapitalbank / TKB-Capital deposit
	Absolut Bank / Deposit “Absolute Maximum +”
	Bank Tavrichesky / Deposit "Tavrichesky Maximum (online)"
	Vostochny Bank / Deposit "Spring"
	Tinkoff Bank / Deposit "SmartVlad (increased rate)"
	Moscow Industrial Bank / Deposit "Accumulative (online)"
	Sovcombank / Deposit “Maximum income with Halva”

Bank deposits for 1 year: comparison table

Deposits for a period of 1 year in banks from the top 50 are also quite profitable today. Interest rates on them reach 8.50% per annum in rubles.

Bid	Bank / Deposit
	OTP Bank / Deposit “Profitable Premium”
	Bank Center-invest / Deposit "Maximum"
	Renaissance Credit Bank / Renaissance Special Deposit
	UBRD / Deposit “Cumulative 390 days”
	Vostochny Bank / Deposit "Spring"
	Expobank / Deposit "Yubileiny 25"
	Investtorgbank / Deposit "ITB-Accumulative"
	Transcapitalbank / TKB-Capital deposit
	Bank Tavrichesky / Deposit "Tavrichesky Maximum (online)"
	MTS-Bank / Deposit "MTS XXL Plus"

The information is not a public offer, is presented for informational purposes and does not constitute a direct or indirect incentive for decision-making.

Find out more about conditions and interest rates on official websites or at Bank branches.

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• New Product

  Post Bank introduced the “Maximum” deposit

  Until the end of June this year, Pochta Bank clients can open a promotional deposit with a yield of up to 7.4% per annum. The maximum rate is provided to pensioners, “salary” and “active” clients of a financial institution, as well as when making a deposit through remote banking channels (mobile and online banking). Deposit “Maximum”

  May 07, 2019

• New Product

  Far Eastern Bank expanded its line of online deposits

  The Far Eastern Bank has added new deposit services, issued online. The maximum rate on the “Millionaire Online” deposit is 5.9% per annum. The rate is provided when placing funds for 12 or 18 months. The minimum amount to be placed within the product is 3 million rubles or 35 thousand dollars/euro.

  April 26, 2019

• Rate changes

  Far Eastern Bank revised deposit rates

  Rates on deposit programs of the Far Eastern Bank have increased. The maximum yield on the “High Income” deposit is currently 7% per annum. The rate is provided when placing funds in a volume of 1.4 million rubles for 18 months. The minimum amount for placement is 3 thousand rubles. The deposit is allowed to be replenished. Deposit “High”

  05 Apr 2019

• Rate changes

  Gazprombank increases deposit rates

  Gazprombank is making branded deposits more attractive. For the “Your Success” deposit, the marginal rate of return has increased to 7.84% per annum. The rate is provided when placing funds for a period of 1.5 years (547 days). The deposit can be made until the end of May. The minimum placement amount is 300 thousand rubles. The deposit is non-replenishable. Issue

  27 Feb 2019

• New Product

  VTB introduced a new deposit with increased profitability

  VTB Bank has added a new deposit service “Time of Growth”. The maximum return on a promotional deposit is 8% per annum. Income is allowed to be capitalized. Both existing and new clients of the credit and financial structure can apply for a deposit product at bank offices, as well as through remote banking channels.

  14 Feb 2019

• Rate changes

  Bank "Ring of the Urals" increased rates on deposits of individuals

  Bank "Ring of the Urals" offers retail clients a deposit at a rate of 8.2% per annum. This rate is provided to new clients of a financial structure within the framework of the “Confident Growth” deposit program subject to two conditions being met: free funds must be placed for a period of 271 to 360 days, the depositor must register

  28 Dec 2018

• New Product

  Transcapitalbank offers to open a “Holiday” deposit

  “Festive” is the name of the new deposit of Transcapitalbank. The maximum rate within the tariff plan is 7.75% per annum. To receive the rate, depositors must make a deposit for 420 days. When depositing funds for 210 days, the deposit rate will be 7.5 percentage points. Minimum amount to be placed within the deposit

  April 20, 2018

• New Product

  RGS Bank introduced the “Optimal” deposit

  “Optimal” is the name of the new deposit service of RGS Bank. The deposit is “laddered” – the placement period is divided into 4 periods, for each of which an individual rate is set. Each period is equal to one quarter (90 days). The yield is 8%, 6%, 5.5% and 5% per annum, respectively. Interest is credited to the deposit account

  09 Apr 2018

Are you planning to open a deposit in rubles? We have compiled a list of banks offering the highest interest rates on ruble deposits - from 8.15% per annum. All these deposits are protected by the state in the amount of up to 1.4 million rubles.

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So, the most profitable deposits in rubles (information valid as of May 2019):

Please note that actual rates on deposits without capitalization may be higher than on deposits with capitalization. To calculate, use a calculator.

All the banks listed above are participants in the Deposit Insurance System. Since December 2014, the amount of insurance compensation guaranteed by the state to each depositor is 1.4 million rubles, including interest on the date of license revocation. Foreign currency deposits are reimbursed at the Central Bank exchange rate on the date of revocation of the bank’s license.

It is formed based on the total volume of incoming funds. If you are looking for a financial institution with high performance, thanks to the ranking you will be able to choose the right one. Based on the information provided, you will be able to select the best offers in terms of profitability and interest rates.

Features of the formation of the rating of Russian banks by deposits

Russia by deposits is formed according to the Central Bank of the Russian Federation. The analysis also takes place based on other indicators:

• Positions in the ranking compiled by independent agencies.
• Opinions of clients who have already made transactions with this bank.
• Positions in the ranking compiled by ordinary people.

For the Central Bank of Russia, the main indicator is the size of the institution’s own capital. The more funds, the less likely it is that it will be declared insolvent.

Rating of banks in Russia by retail deposits in 2019

In 2019, the top best banks in Russia by deposits did not change much. The higher the place on the list, the more trust there is in this financial organization. Typically, the Central Bank of the Russian Federation publishes an official list that inspires the most confidence among people by:

• interest rates,
• creditworthiness.

The top best banks may change depending on various indicators. Therefore, we regularly update information, offering customers only profitable offers.

The rating of banks today is based on reports provided by financial organizations. All companies included in the list are presented in our summary rating. Additionally, reliability can be assessed not only by bank deposits, but also by other indicators.

If we consider the ranking by interest rates, the list may be different. When choosing, pay attention to the rating based on the total cost of deposits. It includes additional payments, bonuses and other gifts for investors.