The problem of confusing concepts often arises. The deposit is called a deposit and vice versa. The problem is that the overwhelming share of banking terminology came to us from English language, but there is no word “contribution” there. There, everything deposited in the bank is called a deposit.
In Russian banking practice, a deposit is called a deposit deposit. But, it should be understood that a deposit as a whole is a broader concept, meaning anything transferred for storage, for example, to customs in order to secure obligations.
Now you need to understand what is the difference between the usual bank deposit from deposit.
Contributions can only be cash for the purpose of maintaining and generating income.
Thus, any deposit is a deposit, but not all deposits are deposits.
Banks often equate these concepts if they only accept money for deposits. Documentary opening of a deposit is carried out by drawing up an agreement between the bank and the depositor.
There are two types of deposits:
In fixed-term contracts, the conditions are much broader; they indicate:
It should be noted that a deposit agreement can be concluded not only with a banking organization. Typically, non-bank financial institutions do not have an insurance reserve. This represents a huge risk on the part of investors. The advantage is on the side of banks, because they are based on Russian legislation provide a guarantee for the return of deposits in the event of bankruptcy or license revocation.
Constantly and most importantly guaranteed, receiving a certain income every month is the dream of any investor. Money works without your participation or any effort and brings more more money. How to achieve this? The answer is you need to know where to invest money. Of course, the amount of profit will directly depend on the amount of funds invested. And let’s say, for novice investors, the profit received from their investments will be relatively small. But you have to start somewhere. After all, the very fact of generating very attractive. In order for income to grow, you need 2 things: periodically invest additional money and constant investment. In law - over time, even the most modest capital can turn into a fairly impressive amount, the profit from which will give you a significant financial flow in the form monthly income from the allocated funds.
We buy with different coupon payment dates. It is on these dates that you will be accrued profit. You can create a portfolio of bonds in such a way that profits are transferred to your account every month. Typically the coupon duration is 91 or 182 days. Every 3 months or six months, the profit from the purchased bond will be credited to your account.
Advantages. Higher profitability. Clearly predicted and fixed income. High (you can instantly sell bonds without losing accrued profit).
Flaws. The probability of bankruptcy of the issuer that issued the bonds. For blue chips this probability is low. OFZ (bonds) federal loan) and municipal bonds - practically equal to zero. Usually (although very rarely) so-called third-tier companies (junk bonds) go bankrupt. Avoid buying them and everything will be fine.
4. Dividend shares . Buy ones that consistently pay dividends. And not just dividends, but... On average per Russian market this size is 3-6% of the share price. There are companies (but they are few) whose dividends are slightly higher and amount to 8-10%. Judging by the latest payments, these are Surgutneftegaz, MTS and M-video.
The profitability, of course, is still small, but if you consider that you are buying a piece of a working (and successful) business, then with the further development of the company, the profit will also grow.
For example. Share price at stock market very volatile. They can “walk” within 20-30% throughout the year, both up and down. At the beginning of the year, SurgutNeftegazP shares cost almost 50 rubles per share, then the price fell almost 2 times within six months, to 28 rubles. Considering that the average yield is 10% per share (at a price of 45 rubles) or 4.5 rubles, if you bought at the “bottom” at 28, you would provide yourself with a future profitability of 17% per annum. And if the company’s profit continues to grow, then the annual profitability will easily exceed 20%.
Advantages. Having purchased a “piece of business” in the form of dividend shares, you will be entitled to a share of the company's profits. You can find it, thereby obtaining an even higher annual return. As the company develops, profits will increase, which means dividends will also increase.
Flaws. Uneven payment of dividends. The lion's share of payments occurs in the second quarter. Some companies pay dividends twice a year. High volatility in the stock market. Shares purchased may drop significantly in value. But if you are focused (several years), then this will give you the opportunity to purchase additional shares at bargain prices.
In conclusion
It is possible (and even necessary) to receive passive income every month. There is nothing complicated about this. The listed methods are available to everyone. And don't forget. Divide your funds into several parts and use them to make a profit in each way. This will, of course, reduce the overall profit, but you will greatly reduce the risks when investing.
Under what conditions can I open a deposit account in rubles? Which banks offer best interest on deposits? How to calculate the profitability of a deposit?
Hello, dear readers of the HeatherBober business portal!
It should be noted that when investing money in savings bank, you also protect your funds! All amounts up to 1.4 million rubles are insured unconditionally. Therefore, you can lose your savings by making deposits only in the event of a global financial cataclysm.
Let's consider how you can classify deposits for a more convenient and effective choice of financial investments.
We divide our investments into urgent And demand deposits. The criterion in this category is time. You invest money for a certain period with your own rewards.
A time deposit does not allow withdrawal or replenishment of the invested amount. Such investments are made for a strictly defined period and interest. If you want to withdraw your savings ahead of time, most likely, your interest rates will be reduced, or even a fine will be imposed.
Example
Pensioner Denis Ivanovich made a deposit in the bank for exactly one year, so that in a year he could use the accumulated interest to buy building materials. But bad luck, he needed money to repair his car before the end of the deposit. What to do? He went to the bank to collect his money.
At the bank, the manager nodded his head in understanding, shrugged his shoulders and began to process a refund with the minimum interest rate.
Demand deposits are also issued for a limited period, but with much lower savings rates. This is due to the fact that you can withdraw the required amount from your account at any time or completely close the deposit.
In order to attract customers, many banks are opening universal services. Such hybrid deposits have a fairly high interest rate (up to 12% and higher depending on the currency), but have a limited potential for withdrawing funds in demand. Most often this is some kind of non-reducible deposit amount.
Sign 2. By type of task
1) Savings deposits
The contribution is made in anticipation of a large purchase: a car, an apartment, a yacht. Perhaps you want to save a certain amount for a trip or simply need a small capital to finance a project.
Very often, such programs already exist within banks and sometimes have their own names depending on the purposes for which the funds are saved (car deposit, apartment payment). The point of a deposit is that you make contributions, accumulating the amount of money you need.
2) Settlement deposits
Focus on financial activities, saving, spending and replenishing your deposit. Distinctive feature is that there is a certain minimum balance on the deposit. Usually the lower deposit threshold is small, and you practically have the entire deposit amount.
You use all the services of the bank, you can use a current account at your own discretion, the only drawback is a certain period of time (most often from 15 to 20 days) when the invested amount can be withdrawn in full, except for interest (usually does not exceed 1%).
Designed for target customer groups. The deposit is made based on the accumulation of interest on the remaining amount from the replenishment. Let's imagine that you open a deposit for which you are credited wages. Interest is accrued on the portion of the amount that you have not spent in the current month.
Closing his time deposit, Denis Ivanovich drew attention to special offer bank and asked whether it was possible to re-register the deposit on other terms.
The bank accommodated the pensioner and gave him another deposit, from which he could withdraw the amount of money he needed, and interest was accrued on the balance.
4) Metal inserts
Gold money. In this deposit you turn your savings into precious metals. Just buy the desired weight of noble material and monitor its market value.
Interest on these deposits is accrued extremely rarely. Income is usually made up of fluctuations in the price of jewelry.
Sign 3. By type of funds
And the last group of contributions, at first glance, is quite simple, but it’s worth taking a closer look at it.
Typically people make investments in national monetary units, but when there are financial changes, they run to banks, withdraw their money and buy currency, which they sell again a little later, ultimately receiving the same original amount.
We divide deposits into:
foreign exchange (usually opened in euros or dollars);
ruble (have maximum interest rates);
multicurrency (the deposit is made in euros, dollars and rubles, there is the possibility of free currency conversion).
Interest on all deposits is accrued in the currency in which they were opened. For multi-currency deposits, accounting is kept for each currency separately.
When drawing up a new contract, the manager asked in what currency Denis Ivanovich would like to open his new account?
The pensioner scratched his ragged beard and decided to impress the manager with his wisdom:
There are two types of money: ours and not ours, but you can mix it too!? Make me a multi-currency! I will organize a small Forex on my account!
3. How to calculate the return on a deposit - 5 simple steps
If you decide to open a deposit, let's count how much profit it will bring us! You can go to the bank’s website and use a special remuneration calculator.
If this option causes mistrust or difficulties, then contact the representatives financial institution to clarify the scheme for calculating interest rates.
As Ostap Bender said:
Once upon a time there are some people wandering around the country banknotes, then there must be people who have a lot of them.
It is profitable for someone to borrow money, spend it, pay back the interest and put something in their pocket. And we will begin to count the profit that we will receive when opening a deposit.
Step 1. Specify the interest calculation scheme
Accruals occur daily, but the actual amount is usually indicated once a month.
Interest on the deposit can be calculated simplified or with. Simple scheme looks like adding the annual rate to the original amount, provided that we do not withdraw funds from the account.
It's a little more complicated with capitalization. In this case, interest is calculated on the deposit amount plus interest accrued for the previous period.
Step 2. Multiply the initial deposit amount by the annual rate
Let's play with the calculator and take 10,000 rubles for the initial amount. To see your net profit for the year, according to a simplified scheme, we multiply by the annual rate (take 15%). Total, 10,000*15%=1500.
Step 3. Calculate income capitalization
The more often capitalization occurs, the more profitable is the deposit? Yes, but not always. With frequent capitalization, the annual rate decreases! And ultimately, the effectiveness of the deposit is leveled out.
To calculate capitalization, we need to add the interest received to the original amount and recalculate the interest again.
Example
Vitya opened a deposit for a period of one year and received a bonus from the bank in the form monthly capitalization of your contribution. The initial amount in the deposit account was 100,000 rubles and when closing the deposit, Victor expected to see 112,000 in his account.
Our investor was surprised to find 112,682 rubles in his account! Oh, Vitya, Vitya, you forgot that you received capitalization as a gift!
Step 4. Determine the effective rate
Please note that the effective rate only works when the deposit is capitalized and provided that previously accumulated interest is not withdrawn from the account. Thus, when calculating capitalization, we will be able to accumulate interest on the amount already added.
As we already know, when making a deposit we are informed interest rate. To find out effective rate (the percentage at which final calculations are made), we need to determine the number of capitalizations. The effectiveness of the bet will be proportional to this number.
For example, with an initial deposit amount of 10,000 rubles and an interest rate of 12%, you will receive 10,098 rubles in the first month and with monthly capitalization, the next interest will be accrued to you exactly on the last amount.
The rate with such a settlement system will increase its effectiveness to 12.06%, for the next month to 12.12% and so on until the deposit period expires.
Step 5. Calculate the final profit
S =N *(1+(Y *J /100*T )) A
- S - total amount;
- N - initial amount;
- Y - interest rate;
- J - number of days in the capitalization period;
- T - deposit term, number of days;
- A - number of capitalizations.
Screw this math! It could be simpler and clearer.
Let's make 3 different annual deposits of 1000 rubles each and compare the results:
So it becomes clear that before making a contribution, it is advisable to independently determine its profitability and look for alternatives to the proposed programs.
4. Who offers the best conditions for deposits - review of the TOP 3 banks with favorable terms of cooperation
Let's look at the leaders in attracting investment in Russia.
What interest rates do banks offer us for deposits and how do they differ? Read on.
has been working in Russia since 1990. The largest bank in the Sverdlovsk region, the leader in its region in terms of deposits. It has representative offices in more than 43 regions of the country.
The reliability of the bank is confirmed by the Deposit Insurance Agency, the National Rating Agency at the “AA” level, which indicates the highest creditworthiness of the organization. Ural Bank reconstruction and development - a multiple winner of awards for social achievements of Russia.
The leading financial organization in the Urals offers its clients profitable deposits and deposits up to 11% per annum. Various bonuses and discounts, additional services expect bank depositors.
You can get plus 1% to the rate by opening a deposit in the Ural Bank. Leave your phone number on the company’s website and they will call you back within 20 minutes to clarify the features of the deposit for the program you are interested in.
Deposits are easy to manage using online banking. Online payments are available to customers to pay for various utility and entertainment services. On the company’s website you can participate in all sorts of promotions and competitions with attractive prizes.
Largest bank Russian Federation. It has branches in all major cities and territorial districts of Russia. Serves all segments of the population and forms of business, providing the widest range of banking services.
On the company's website you can familiarize yourself with the terms and conditions of bank deposits and immediately register your investment. You can choose a deposit that is convenient for you online. It will help you clarify the nuances and features 24 hour service consultations and feedback.
Having a deposit in Sberbank, you enjoy various bonuses and discounts in the socio-economic sphere of activity of Russian citizens.
Joint stock company founded in 2000. Represents a wide range financial services and occupies a leading position in agricultural sector economy. The Bank is developing investment and lending programs, focusing on the interests of citizens living in rural areas.
The bank operates in all regions of Russia and provides clients with the opportunity to manage their accounts from anywhere in the constituent entities of the Russian Federation. On the company's website you can view all available investment programs and ongoing promotions. If necessary, open a deposit remotely by submitting an application via the Internet.
5. How to open a deposit account correctly - 5 golden rules for a depositor
Opening a deposit is always associated with certain fears and risks. It seems that this is a very troublesome task - to go somewhere, to count something, and is the game worth the candle?
Let's look at how to invest your money with maximum efficiency and simplicity.
Rule 1. Do not choose a deposit solely based on the interest rate
The main criterion when choosing a deposit is the interest rate. The higher the bet, the more you can earn. But it is worth remembering that the bank has the right to change the interest rate depending on financial troubles.
Deposit rate is not Snickers, size doesn't always matter!
Apart from the interest rate, there are other factors that must be taken into account. In particular, the same capitalization that I wrote about above.
Rule 2. Make a choice in favor of banks with foreign capital
Such banks are stable and reliable. They have a longer service life, which allowed them to reach the international level. The capital of such banks, placed in foreign exchange reserves, is more stable to shocks.
The vast majority of institutions with foreign capital are subsidiaries of foreign banks represented on the Russian market. Due to sanctions and pressure on the Russian economy, it is much easier for such organizations to exist in the economic field of activity and at the same time offer attractive investment programs.
Rule 3. Divide funds into several deposits in different currencies
It would be reasonable to divide the contribution into several parts. This will allow you to freely convert money, managing exchange rate risks and leveling inflation processes.
Most multicurrency deposits are made in three units: rubles, euros, US dollars. Other currencies are used much less frequently, but still have their place.
A few notes about deposits in different currencies:
- distribute currency evenly across all categories;
- pay attention to the minimum deposit amount;
- if you are saving for a trip, make a deposit in the currency of the country where you are going;
- when plans and circumstances change, do not forget about.
Rule 4. Trust your funds only to banking institutions
Resolutely refuse various types of financial societies, credit unions or private borrowers. The commercial activities of such persons are not regulated by law, which means you risk losing your money and being left with nothing.
Hello, dear readers of the online magazine “site”. Today we will tell you what deposits in banks are and what types of bank deposits exist, and we will also provide instructions on how you can independently calculate a deposit.
From this article you will learn:
We will also provide answers to frequently asked questions on this topic at the end of the publication.
About what it is bank deposit what types of deposits banks offer, how to calculate interest on a deposit using an online calculator - read in this issue
Next, depending on the type of deposit, you need to enter information and indicate the details of the account from which the funds will be debited for the deposit. In this case, confirmation of opening a deposit will be a web document marked "Completed".
Thus, it can be noted that opening a deposit is not difficult, the main thing is that it brings the expected profit.
In order to be confident in their investments, they choose deposits from reliable banks. The pursuit of high returns can lead to disastrous results.
If you credit organization will be taken away license , then the maximum you can count on is the return of the deposit amount with interest that has already been credited to the account. Interest is not accrued after the license is revoked; you will have to wait to receive the funds from1 months or longer. This is provided that the deposit has been insured.
Take note! When choosing, it is better to be guided by the principle “less is more”.
Below are selected TOP – 3 banks that offer good conditions placement of deposits and have a fairly high degree of reliability.
The largest and reliable bank in the Russian Federation - Sberbank . His clients are more than 139 million people all over the world. It has the most extensive branch network, representative offices and subsidiaries in neighboring countries, Europe, Asia, and the USA. In this regard, it is convenient for clients to use its services.
Worth considering , the scale of the bank allows it to be Not very mobile, attract deposits Not at the highest rates, but be strong and reliable.
The range of deposits offered at the bank is very wide. Suggested here various targeted programs for large depositors and for those who need to preserve their savings, charity programs .
You can open a deposit in rubles, Euro, dollars. All conditions are presented on the company’s website with the ability to calculate the income percentage. It is possible to open a deposit using personal account Sberbank online.
Minimumdeposit threshold low, so the bank's depositors are clients with different levels income. Interest rate is not maximum. You can get a good income only subject to investing a large amount of funds.
The bank attracts customers with its brand and presence large quantity branches and additional offices.
The bank is one of the largest Russian credit companies. Focused on working with private individuals, small business, entrepreneurs. Counts about 12 million clients individuals, has a ramified branch network. Has high expert ratings.
Offers wide selection of deposit programs , the opening conditions of which are presented on its website on the Internet. The return on the deposit is also calculated on the website. The bank offers the service of opening a deposit remotely. Deposits can be opened in any currency ( rubles, Euro, dollar).
Tall enough deposit threshold ensures an influx of wealthy clients. Higher interest rate than in Sberbank, duration of deposits to 5 years, with a good level of reliability makes deposits VTB 24 popular investment object.
The bank works on financial market more 20 years, is the largest private bank in the Russian Federation. According to data rating agency "Expert RA" takes 7 -th place in size equity. Has branches in 52 regions of Russia, about 3.5 million clients individuals.
The bank has full automated a range of services for individuals. You can register, manage and withdraw deposits on a personal visit to the bank or through mobile application . There is also internet banking.
You can open a deposit in any currency. The credit institution offers wide choice of deposits .
The bank is average contribution threshold , available to many clients. Comfortable conditions and high interest rate provide good return on deposits.
The credit institution offers increased interest on deposits opened online to increase the popularity of this service.
A summary table is also presented below for clarity. By 6 -ty large banks with a minimum deposit amount and a maximum interest rate on it.
Comparative table of deposits in various banks with indicators of the minimum contribution threshold and interest rate on them:
№ | Credit organization | Min. deposit amount, thousand rubles | Max. percentage, per year |
1 | Sberbank | 1 | 5,63 |
2 | VTB 24 | 200 | 7,40 |
3 | Opening | 50 | 9,25 |
4 | Rosselkhozbank | 50 | 8,75 |
5 | Ural Bank for Reconstruction and Development | 5 | 9,00 |
6 | Bank Tinkoff | 50 | 9,45 |
Thus, a variety of conditions and interest rates provide the client with the opportunity to choose a bank with a good profitable interest rate.
Previously, in order to open a deposit, it was necessary to bypass the city banks, select suitable conditions and stand in line at the selected credit institution. This required time(the work schedule of banks often coincided with the work schedule of enterprises) and focus.
Now it's done significantly easier , more convenient And faster .
In order to get maximum profitability and profitability of the transaction, we suggest you familiarize yourself with expert advice in this area.
When opening a deposit, the main attention is paid to the interest rate. It would seem that everything is correct, the deposits are insured, and there is no need to worry about their loss. But it's true only provided that the bank does not have financial difficulties.
Worth considering that during the validity of the deposit agreement, the bank’s license may be revoked. Then you will have to get the deposit amount back with minimal interest. At the same time, if placed with a reliable credit institution at a lower interest rate, the investor’s income for the same period will be higher.
Individual program conditions must be taken into account: availability And frequency of capitalization of the deposit, possibility of replenishment And withdrawals etc.
It is important to remember: “You can’t put all your eggs in one basket.” This saying perfectly characterizes the following advice.
If you have a large amount of savings, it is better to distribute them among different banks.
Compared to one deposit, opening several deposits in different banks has the following advantages:
Can be opened multicurrency deposit , which also has its advantages.
Advantages of a multicurrency deposit:
The best option is to place a deposit proportionally in three currencies: rubles, dollars, Euro.
A person who is not afraid of risk and wants to learn how to manage his own investments can open investment deposit .
A feature of the investment deposit is that the deposit is divided into 2 parts:
Interest on the deposit is accrued in the standard mode. The profitability of investing in mutual funds depends on many factors. Moreover, the investment object is chosen by the client on one's own.
Thus, by opening an investment deposit, you can make good money if circumstances are successful, or lose half of your deposit if the investment was unprofitable.
If, by placing his savings in a deposit, the investor expects to return them back, then it is forbidden trust unverified companies that entice customers with fabulous interest rates.
You need to contact only to those credit institutions whose deposits are insured Deposit Insurance Agency (ASV). Their list is available on the website of the Agency and the Central Bank of the Russian Federation.
If the interest rates they offer are very attractive for the client, then you should definitely check the information about such companies.
There are several ways to assess the reliability of a credit institution:
It will be difficult for a non-specialist to understand all the nuances; there is a high probability of falling into the hands of dishonest partners.
The longer the deposit term, the higher the interest rate on it. If funds are placed for the long term, then without a doubt they should be placed at the highest interest rate.
However, it is worth considering that in case of early termination of the contract (no one is insured against unforeseen circumstances), interest on the deposit is accrued minimum, that is, you won’t be able to make money on it.
If savings are not made for specific purposes: buying a home, traveling, etc., it is better to choose an average period for placing funds.
Advertising campaigns of banks are carried out with the aim of attracting as many depositors as possible. Various “beautiful conditions” and pleasant bonuses are invented. In fact, this often turns out to be only propaganda.
If you are not a financial expert, it is better to choose simpler programs, the profitability of which can be calculated on one's own .
Convenient and clear conditions, reliable bank– everything you need to profitably invest your own savings.
Having a free amount of money, you can make it a permanent source passive income , which will be a pleasant bonus to the family budget.
Investment contribution represents a diversified financial instrument placement of funds. His main feature is the division of funds into actual contribution and on investments in investment funds.
This service is offered credit institutions, with which they are affiliated mutual funds(mutual funds). Usually the deposit amount is divided 50 /50 . But only the deposit amount will be insured by the DIA.
Today, these types of deposits are a fairly popular type of financial services. This is explained by receiving higher profitability than with standard deposits. In addition, the investor acquires investment experience with minimal risks.
On the one side, dividing the deposit into two parts guarantees the safety of the deposit and the receipt of a stable small income from it.
On the other side , you have the opportunity to receive many times more profit with a successful investment or lose funds invested in a mutual fund.
Terms investment deposits are:
There are bank deposits, the condition of which is possibility of interest rate indexation depending on the value of certain assets. For example , securities, dollar exchange rate, RTS index, inflation rates, etc..
If the asset grows, the investor receives additional interest, and if it falls, the rate is calculated as for deposits “ poste restante».
Just recently, in order to understand how profitable it is to place money on a deposit, you had to go to the bank and stand in line to receive individual advice. Now everything has become easier And more convenient.
All bank websites contain information about proposed programs for attracting funds to deposits. A convenient innovation is the presence online deposit calculator (deposit calculator). It provides the opportunity to calculate the profitability of a particular program to determine the most favorable conditions.
Online deposit calculator is specially adapted for a specific financial organization a program that includes all the deposit conditions of a particular bank.
The deposit calculator helps you decide on the type and term of the deposit; it is interesting and quick to work with.
Hello! In this article we will talk about the features of deposits.
Today you will learn:
The concept is well known to many. This is the usual way. You take your savings to the bank, which will issue them after a while with a small increase. Although, the larger the deposit amount, the more you can get from it.
Where does the bank get money from to pay interest to the client? It's very simple. The banking organization gives your money to other clients as loans at high interest rates.
Also, the banking organization places funds on, buying other companies or bonds state level. The bank uses your funds, they do not lie idle. He pays interest for managing your funds.
There is such a thing as a deposit. Many people believe that the contribution is equivalent to it. In a general sense, this is the correct line of thinking. When you come to the bank, you will be asked to deposit the amount as a deposit, and it will be listed as such according to the documents.
However, there is a difference between the concepts of deposit and deposit that is insignificant for an ordinary depositor. The first word is used if you brought money to the bank.
Deposit – These are not only assets in monetary terms, but also securities, metal and even real estate. In other words, a deposit is a broader concept that includes various objects for savings. In our article we will use the concept of deposit and deposit in an equivalent sense.
Every year brings something new to banking sector. The deposit is no exception. New forms and different options for depositors allow you to choose a deposit according to your individual needs.
All deposits are divided into two large groups:
In turn, time deposits are usually divided into three large groups:
Before opening a deposit, you should analyze the conditions offered by banks in your city.
The features of placing funds are different everywhere: in some places there are increased interest rates and long terms, and somewhere low interest, but monthly interest accrual on a bank card is allowed.
For deposit purposes, select only large bank, having a developed network and experience in various banking operations. You are placing your own money, which must be in a reliable organization.
Don't forget that adopted system Deposit insurance in our country allows the return of deposits individuals in an amount not exceeding 1,400,000 rubles. This will happen if the Central Bank revokes the bank’s license for non-compliance of its activities with accepted banking standards.
It is advisable large sums place in several banks. This way you will protect yourself from possible losses. If large amount placed in the account of one bank that has ceased to function, then funds over 1,400,000 can be returned through the judicial authorities.
Take into account such a feature as capitalization. The essence of capitalization is that interest is accrued on the initial deposit amount, taking into account interest for each month, six months, etc. (depending on the terms of the deposit).
Such a “surcharge” is not always beneficial. Deposits with capitalization have a lower rate, which ultimately makes the profit from them equal to that received from a regular deposit with an average interest rate.
If you are going to open a deposit, then you have two ways to do this:
Let's look at the sequence of actions for the first case. Many people still do not trust the Internet, especially older people. Opening a deposit in a bank is also suitable for pensioners.
Several actions will be required:
Only those persons who already have an open account with a bank can open a deposit via the Internet. For example, you receive a card or pay a loan.
To conclude a deposit agreement online, follow these steps:
Pay maximum attention to this step. The agreement contains important information according to the terms of the deposit, in particular about the calculation of interest and the amount of possible profit.
After these steps, a deposit will appear among your accounts. By the way, many banks offer increased interest rates for those who open a deposit “online” or come from another bank after early termination of the deposit.
The interest rate is the most important condition by deposit, which is what most depositors focus on.
Few people know that there are two types of bets:
To know what rate is set for the deposit you have chosen, carefully read the deposit agreement. This information must be indicated there. The conditions for changing interest during the validity of the deposit are also described here.
The interest rate depends on many factors:
It is important to understand that the bank does not set the rate on its own. This action is under the control of the Central Bank of the Russian Federation. The terms of deposits depend on the refinancing rate he accepts. From May 2, 2017, it is equal to 9.25%. Refinancing rate means the rate at which central bank issues credit funds commercial banks.
The interest received as a result of placing a deposit is your profit. And as you know, any income in our country is subject to taxes.
In the situation with deposits in cash equivalent, taxes are paid if:
It is important to understand that you will pay taxes only if you close the deposit and withdraw the funds. If your deposit is open, then no taxes need to be paid into the budget.
The same applies to contract extensions. If the terms of the deposit stipulate that upon completion there is an automatic extension for new term, then taxes are not paid either. In this case, in fact, you do not receive any income, and therefore there is nothing to make a payment to the tax authority.