The bank calculates interest on the basis of balance amount on a bank account taking into consideration amount, currency and annual interest rate.
The basis for interest calculation for a demand deposit (settlement account) is a calendar year of 365 days.
Interest shall be calculated on the basis of minimum monthly balance amount available on the bank account.
Interest shall be paid out once a year on the last day of the year by transfer to the customer's account with the bank.
Annual interest rate for bank accounts in foreign currency is calculated separately for each currency.
On closing the account all calculated interests to be paid for any amount up to 1 EUR incl. are transferred into the bank's income.