RCB Notice Accounts

35 DAYS  •  90 DAYS

It offers attractive interest rates for short term savings. Withdrawals are free of charge after a 35 or 90-day notice depending on the preferable account type.

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RCB Notice Account is an interest bearing savings account

Flexibility to add to the savings

Monthly interest capitalization

Attractive interest rates

Access to deposits (with notice)

  • RCB Notice Account is offered to all individual clients of the Bank in four major currencies (EUR/USD/GBP/RUB). For EUR accounts only 90-day notice is possible. The minimum amount which must be deposited upon opening is 100.000 EUR , 1000 USD/GBP or 70.000 RUB. After opening with the minimum amount, the balance of the account can vary upwards or downwards without any limit. The interest is credited in the Notice Account every month.
  • Deposits into the Notice Account are allowed in the form of transfers from the client’s current account. For any withdrawals from the account, a 35 or 90 days written notice must be given to the Bank, depending on the type of Notice Account held. Each notice for withdrawal is valid for 7 calendar days after the declared withdrawal date. Withdrawal amount is transferred to the depositor’s current account.

RCB Notice Account cannot be used as a payments account, meaning Direct Debits, bank cards and cheque books cannot be linked to the account.

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Deposit Guarantee and Resolution of Credit and Other Institutions Scheme

RCB Bank Ltd participates in the Deposit Guarantee and Resolution of Credit and Other Institutions Scheme, established under the Law on the Deposit Guarantee and Resolution of Credit and Other Institutions Scheme of 2016 and the Deposit Guarantee and Resolution of Credit and Other Institutions Scheme Regulations of 2016.

The Deposit Guarantee and Resolution of Credit and Other Institutions Scheme covers deposits denominated in all currencies.

The maximum level of compensation, per depositor and per bank, is 100.000 EUR or equivalent. This limit applies to the aggregate of a depositor’s deposits with the same bank. For the purposes of calculating the compensation payable to each depositor, the amounts of each depositor’s existing deposits will be set off against any loans or other credit facilities granted by the Bank to the depositor, as well as any other counterclaim of the Bank in respect of which a right to set off exists.