Investing free funds
Taking into consideration the growing mutual interest to placing free funds, the Bank accepts funds in the form of a deposit or a bill or a note for any term at beneficial interest. The accrued interest depends on the amount and the term, and an interest payment procedure is established according to the customer’s wishes – it can be either on maturity or monthly depending on the types of deposit:
- Currencies – Russian rouble, US dollar, euro;
- Interest payment – on maturity or monthly.
The Bank provides for the possibility of replenishment or early withdrawal of a part of the deposit amount on separately agreed conditions. Novikombank offers simple interest and interest-free bills and notes, and non-interest-bearing notes in roubles of any face value and with any maturity. The customer can produce the note for payment before maturity, but receive the principal amount payable less discount or interest depending on the type of the bill or note.
The bills and notes of Novikombank are a profitable and reliable investment tool. They can be used as an instrument of payment at settlements with partners and counterparts, and as a loan security against loans and guarantees received in the Bank.
