1. AMERIA DEPOSIT is a standard deposit where the depositors (or third party) may not add to or withdraw amounts from the deposit account or convert the deposited amount into another currency.
2. If the depositor terminates the deposit agreement before the due date, the Bank shall recalculate the accrued interest at the rate applicable to the deposit for the actual number of days elapsed as of the termination date.
If the deposit is requested back within a 30-day period after the start date, interest is recalculated at an annual rate of 0.1%.
In this case, the option of “payment of interest upfront at the beginning of the term” is not applicable.
3. The client may top-up the deposited amount throughout the deposit term except the last 3 months. Maximum allowed increase is 30% of deposit principal. Funds may be deposited in the name of the depositor by third parties provided that such third parties specify the required details of the deposit account.
This being the case, the option “payment of interest upfront at the beginning of the term” is not applicable.
4. The client may withdraw part of the deposited amount throughout the deposit term except the first 3 months. Maximum allowed withdrawal is 30% of deposit principal. The interest accrued to withdrawn amount shall not be recalculated.