My Safe

Account opening - free of charge

Cash deposit on Account „My Safe" - free of charge

Monthly account maintenance - free of charge

Minimum Initial Deposit - not required

Account currency: GEL

No limit on maximum initial deposit;

Further deposits can be made at the depositor’s discretion.

Type of deposit interest rate - Floating interest rate

Cash-out commission in GEL: 0,2 % of the deposit amount

Cash-out commission in foreign currency: 0,6 % of the deposit amount

Interest rates

The effective interest rate is calculated If the monthly average balance in the deposit account equals to 1,0000 units and the minimum balance is 1,000 units

INTEREST RATES	GEL
Annual	3.00%
Effective	0.1%

Things you should know

The savings account can be opened by any resident or non-resident legal person that has an account with TBC Bank;
The interest will accrue on the lowest balance in the deposit account from the first through the last day of month – that is, on the ‘untouched’ balance in a given month;
The interest is paid at the end of month;
Transactions can only be performed via a current account;
The deposit does not close automatically.

Deposit in foreign currency

The deposit in the foreign currency puts the customer before significant risk.
Currency rate fluctuation might considerably reduce the interest expressed in GEL.

Please consider that

Your deposit is insured under the Deposit Insurance System in compliance with the Law of Georgia on Deposit Insurance System.
If the Main Terms of the Agreement are revised, the customer will be notified thereof via SMS no later than 2 (two) months in advance, while price increase on other financial facilities will be communicated via SMS no later than 1 (one) month in advance.
The customer shall have the right to present a claim to the Bank in verbal, written, standardized written or electronic form
See information useful for customers at the web-page of the National Bank of Georgia- www.nbg.gov.ge/cp and the hot line +99532 2406 406.

Deposits Insurance System

On 1 January 2018, the Bank joined the Deposits Insurance System set up based on the Law of Georgia on Deposits Insurance System. If an insured event occurs, the amount available in the deposit/account of a depositor will be refunded by the Deposits Insurance Agency within the limit of 30 000 GEL, while the remaining amount will be refunded as envisaged by the applicable law. For more information, go to the Deposits Insurance Agency’s website: www.diagency.ge.