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Anexa 1 Engl 15052014

This document summarizes various deposit options available at a bank, including: - Classical deposits which have fixed interest rates and terms from 30 to 365 days. - Term deposits on tranches which have variable interest rates and longer terms from 730 to 1460 days. - Progressive interest deposits which have interest rates that increase each semester for a 3 year term. - Negotiated interest deposits where interest rates are customized for deposits over 100,000 EUR/USD. - Special deposits that are used as collateral for individual loans and have restrictions on their use and interest payment options.

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Nely Bilal
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
70 views4 pages

Anexa 1 Engl 15052014

This document summarizes various deposit options available at a bank, including: - Classical deposits which have fixed interest rates and terms from 30 to 365 days. - Term deposits on tranches which have variable interest rates and longer terms from 730 to 1460 days. - Progressive interest deposits which have interest rates that increase each semester for a 3 year term. - Negotiated interest deposits where interest rates are customized for deposits over 100,000 EUR/USD. - Special deposits that are used as collateral for individual loans and have restrictions on their use and interest payment options.

Uploaded by

Nely Bilal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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ANNEX 1

Deposits on term and colateral deposits guaranteed for the individual contractual credits
Classical deposits
Features

Fixed rate deposits


1000 Deposit
Long term deposit
Stock at 21.10.2013 (RON)
Stock
Stock at 21.10.2013
at .03.2014 (currency)

(floating interest rate*)


Stock at 21.10.2013

TANDEM offer deposit

Holders

Resident/non-resident individuals

Empowered

Resident/non-resident individuals, assigned by the holder


Warning! The proxy for the deposit must also be proxied on the current account from which the deposit is set.

Currency
Constitution term (in days)

Minimum amount

RON, EUR, USD, GBP

RON, EUR, USD

RON

30,90,180,365

730, 1095, 1460

30, 90,180,270,365

RON, EUR
30,90 (RON, EUR)

60, 730,1095 (RON - only)

180 (RON)

Depending on tanche and currency

TANDEM Simfonia deposit :


1.000 RON/ 500 EUR

RON:

TANDEM Concerto/Diverso/Actiuni / Eurofond / Index deposit:


3.000 RON/ 1.000 EUR

Standard:

150 RON

Premium :

2.500 RON

Premium Plus:

50.000 RON

1.000 RON/EUR/USD

EUR :
Standard :

500 Euro

Premium :

10.000 Euro

Note : To access such a deposit, the client must subscribe to one of the
BRD investment funds, by fulfilling the following condition: Fund
subscription must be at least 50% of the total amount invested (subscribed
amount + deposit)

USD :
Standard :

1000 USD

Premium :

10.000 USD
GBP :

1000 GBP
TANDEM Simfonia1 deposit:
20.000 RON/ 5.000 EUR

Maximum amount

Interest type

unlimited

Variable (floating)

TANDEM Concerto/Diverso/
Actiuni/ Index / Eurofond deposit:
50.000 RON/ 10.000 EUR

Fixed
Not available.

Automated renewal

Available by client's request, submitted when the deposit is built


Note: Building a new deposit is allowed, by complying the current terms of
the request's date.

Interest calculus basis

365 days

Monthly (RON deposits)

Interest payment options

When prompted, in the account (non-renewable deposits)

When the term has expired, in the current account

Interest payment options

When the term has expired, with capitalization


(automatically renewable deposits)

At the client's request, in the account, when the


term is due (non-renewable deposits)

When the term is due/with capitalization (depending on the client's wishes) in the
account (automatically renewable deposits)

When the term has expired, in the current account

Monthly, with/without automated renewal when the term is due, in the account (depending
on the client's wishes)
(only for the 1095 and 1460 day-terms)

Formation

Operations

Via payment from the current account of the holder, opened at BRD

Via payment from the current accountof the holder, opened at BRD (by
obeying the maximum established limit)

Assignment /
dismissal of
empowered

By the holder - at any time, during the deposit's term

Additional
deposits

Not allowed

Liquidation

Anticipated** or when it is due


Via transfer into the holder's current account

Automated
samplings from
the account
(credit rates,
leasing, bill
payments)

Not allowed

* Floating interest - it can fluctuate on the deposit's period;


**Anticipated clearance - the deposit's amount is transfered to the current account, and the interest received by the client is the standard, current-account interest.
Progressive interest deposits (Progresso) specific elements
The interest rate is set when the deposit is built, for each semester and guaranteed for the entire deposit period
No additional deposits are allowed (Exception: EUR deposits, in supply at 30.06.2012 and USD deposits, in supply at 11.08.2013).
Option for term expiration: the deposit is not automatically renewed. A new deposit may be requested, by obeying the conditions for that moment.
If Progresso is closed before the term: the client receives the contracted interest for the ended semesters and the in-sight interest for the semester in which the deposit was closed.

Special case - deposits on term taken over as colateral deposits - by contracting a credit :
Holder
Currency
Period

individual, holder or co-borrower


same currency as the credit
the deposit is blocked for the entire crediting period, being marked within the system as credit waranty contracted by the client
In case of colateral SA-deposits, built as warranties - floating interest, standard current account interest

Interest

In case of colateral TD-deposits, built as warranties - floating interest, thusly: RON - standard interest 1 pp; Currency - standard currency 1pp. In case the resulting interest
In case of expisting TD-deposits, blocked as colateral deposit, for individual credit warranty - deposit on term interest (fixed or variable)
considering a calendar year of 365 days.
colateral SA-deposits - in-sight interest (monthly transferred in the current account) or with capitalization
TD-deposits on term, blocked as colateral deposits - depending on the deposit type and client's wishes when the deposit was built.
automated

Interest calculus
Interest payment
Renewal

dual contractual credits

Term deposit on tranches

Progressive interest
deposits**

Negociated-interest deposits

RON, EUR, USD, GBP

RON, EUR, USD

RON, EUR, USD, GBP, other currencies

1080 (3 years split into 6 anniversary


semesters)

from overnight (1 day) to 1 year

2.000 RON

100.000 RON
(for RON)

500 EUR/ USD

100.000 USD / 100.000 EUR


(or the EUR equiv for other currencies)

30, 90, 180, 365, 730


1095, 1460 (RON - only)
Depending on tranche and currency

RON:

150 RON
10.001 RON
50.001 RON
EUR, USD, GBP:
150 Euro/ USD/ GBP
3.001 Euro/ USD/ GBP
10.001 Euro/ USD/ GBP

400.000 RON
unlimited

Available by client's request, submitted when the deposit is built

100.000
EUR/USD
(interest rates not included in calculus)

unlimited

Progressive from semester to semester

Fixed

Not available.

Not available, except the automated overnight deposit

Note: Building a new deposit is allowed, by


complying the current terms of the request's
date.
360 days
(except GBP and PLN with 365 days calculus basis)

When term is due, in the account (non-renewable deposits)


1. At each semester's end, through
capitalization;
2. Deposits closed in the first 180 days:
interest in-sight;
3. Deposits closed after the first 180 days:
contract-set interest for ended semesters
( each consisted of 180 days), and for the

When the term has expired, in the current account

1. At each semester's end, through


capitalization;
When term is due/with capitalization (depending on the client's wishes) in 2. Deposits closed in the first 180 days:
interest in-sight;
the account (automatically renewable deposits)
3. Deposits closed after the first 180 days:
contract-set interest for ended semesters
( each consisted of 180 days), and for the
Monthly, with/ without automated renewal when the term is due, in the
current semester, interest in-sight is granted.
account (depending on the client's wishes)

When the term has expired, in the current account

(only for the 1095 and 1460 day-terms)

Via payment from the current account of the holder, opened at BRD

Via cash deposits or via payment from the


Via payment from the current account of the holder, opened
current account of the holder, opened at BRD
at BRD
(by complying the maximum established limit)

eposit's term

account

y contracting a credit :

. In case the resulting interest is negative, the current-account standard interest is applied.

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