"Child" deposit

A term deposit; increase of the basic deposit amount is allowed; monthly capitalization of interest

Currency	KGS	RUB	USD	EUR
Minimal amount	4 000	4 000	100	100
Deposit term (months)	Annual rate
More than 24 months	12%	9%	12%	11%

• the deposit makes it possible to perform long-term savings/ accumulation of a capital for a child, and to get revenue at the same time;
• in case of need, the child will be able to receive the basic deposit amount and the accrued interest when s/he attains his/her majority (16 years old);
• convenient maturities and favorable interest rates on the deposit;
• monthly capitalization;
• the interest is paid at the end of the deposit term;
• additional depositions are allowed (a minimal replenishment amount is 500 soms, 500 rubles, 50 USD, or 10 EUR per day);
• additional depositions are allowed up to 60 days prior to the maturity on the deposit;
• in case of a prescheduled cancellation the interest rate is recalculated according to a current call deposit rate;
• the deposit period is automatically extended for the same maturity term, with the interest rate being credited on the day of extension.

At the expiration of the deposit period the following persons acquire a right to command the deposit:

• the child when s/he attains 16 years old;
• the parents, legal representatives, or third parties, if the child has not attained16 years old;

It is required that a person opening the given account shows his/her passport and the child’s birth certificate.