Interest for the Average Monthly Balance of the Settlement Accounts
- Average monthly balance is calculated as a sum of all remaining balances on the Client’s settlement account in the morning of every calendar day of the month divided by the number of calendar days in the month.
- The interest is accrued for the average monthly balance of the Client’s account according to the following procedure:
- The balance of the settlement account on days may vary from the average monthly balance; however, the balance not less than the average monthly balance must be deposited at the settlement account during 3 consecutive calendar days minimum.
- Interest on the total balance is accrued under the addendum to the Bank Account Contract.
|
Average monthly balance range, Russian rubles |
Interest rate (% per annum) |
|
3,000,000 to 9,999,999 |
2.0 |
|
10,000,000 to 29,999,999 |
3.0 |
|
Exceeding 30,000,000 |
4.0 |