Fixed Term Deposits

RCB’s fixed-term deposits are a convenient and reliable way of saving. RCB Bank Ltd, Luxembourg Branch offers its clients several standard deposit solutions. 

Making fixed-term deposits with RCB Bank Ltd, Luxembourg Branch offers a number of advantages:

  • Deposits can be made for various terms and at attractive rates in Euros, US Dollars, Russian Rubles and Great Britain Pounds;
  • Flexible terms for depositing and withdrawing funds within the limits set by the Bank;
  • The opportunity to perform deposit transactions using RCB Online Banking.

RCB Bank Ltd, Luxembourg Branch, 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 Euros 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.

Deposit Guarantee Scheme

Investor

The «Investor» fixed term deposit offers a client the highest interest rate out of all of the Bank’s deposit schemes for various durations in Euros, USD, GBP and Rubles.

The term of the «Investor» deposit can be set between six months to three years. For shorter terms, interest rates are also available (upon request). The interest rate depends on the amount to be placed, the currency and the term. Interest is paid upon the maturity of the deposit into the depositor's current account.

The minimum amount which can be deposited is 15.000 Euros/USD/GBP or 1.000.000 Rubles. This scheme does not allow the partial withdrawal or the addition of funds within the duration of the deposit.

An «Investor» deposit can be placed either as a single or a joint account.

Euros
Deposit amount 6m 12m 18m 24m 36m
15.000 - 50.000 0,95% 1,05% 1,15% 1,25% 1,45%
50.001 – 100.000 1,00% 1,10% 1,20% 1,30% 1,50%
100.001 – 1.000.000 1,10% 1,30% 1,40% 1,50% 1,70%
1.000.001 – 5.000.000 1,15% 1,35% 1,45% 1,55% 1,75%
US Dollars
Deposit amount 6m 12m 18m 24m 36m
15.000 – 50.000 1,10% 1,35% 1,45% 1,65% 1,80%
50.001 – 100.000 1,20% 1,45% 1,55% 1,65% 1,90%
100.001 – 1.000.000 1,30% 1,55% 1,65% 1,70% 1,95%
1.000.001 – 5.000.000 1,35% 1,60% 1,70% 1,75% 2,00%
Great Britain Pounds
Deposit amount 6m 12m 18m 24m 36m
15.000 – 50.000 1,10% 1,25% 1,40% 1,50% 1,60%
50.001 – 100.000 1,20% 1,35% 1,50% 1,60% 1,65%
100.001 – 1.000.000 1,30% 1,45% 1,60% 1,65% 1,70%
1.000.001 – 5.000.000 1,35% 1,50% 1,65% 1,70% 1,75%

The interest rates and the specified terms governing the above fixed term deposit scheme are applicable only for deposits in the amounts and currencies described in the individual scheme above.

The Interest rate and terms governing a deposit applicable to a fixed term deposit for an amount, maturity or currency that is not offered by the aforementioned scheme are subject to the mutual agreement between the depositor and the Bank.

Flexibility

A «Flexibility» fixed term deposit enables a client to withdraw or add funds within a minimum and maximum balance limit. Under this scheme, a client agrees upon a minimum balance of the deposit with the Bank, the maximum balance will always be the minimum balance multiplied by 2,5. The maximum balance can never be above 5.000.000 Euros/USD/GBP or 500.000.000 Rubles and the agreed minimum balance can never be for an amount lower than 15.000 Euros/USD/GBP or 1.000.000 Rubles.

Interest is paid on a monthly or quarterly basis and is transferred to the depositor’s current account. The term of a «Flexibility» deposit can be set to either one, two or three years.

The minimum amount which can be deposited is 15.000 Euros/USD/GBP or 1.000.000 Rubles. A "Flexibility" deposit can be placed either as a single or a joint account.

Euro
Deposit amount 12 months 24 months 36 months
15.000 – 100.000 0,80% 1,00% 1,20%
100.001 – 1.000.000 1,00% 1,20% 1,40%
1.000.001 – 5.000.000 1,05% 1,25% 1,45%
US Dollars
Deposit amount 12 months 24 months 36 months
15.000 – 100.000 1,15% 1,35% 1,60%
100.001 – 1.000.000 1,25% 1,40% 1,65%
1.000.001 – 5.000.000 1,30% 1,45% 1,70%
Great Britain Pounds
Deposit amount 12 months 24 months 36 months
15.000 – 100.000 1,05% 1,30% 1,35%
100.001 – 1.000.000 1,15% 1,35% 1,40%
1.000.001 – 5.000.000 1,20% 1,40% 1,45%

The interest rates and the specified terms governing the above fixed term deposit scheme are applicable only for deposits in the amounts and currencies described in the individual scheme above.

The Interest rate and terms governing a deposit applicable to a fixed term deposit for an amount, maturity or currency that is not offered by the aforementioned scheme are subject to the mutual agreement between the depositor and the Bank.

Rentier

A depositor who places funds into a «Rentier» fixed term deposit receives a stable source of income in the form of regular interest payments throughout the term of the deposit.

Interest is paid into the depositor’s current account on a monthly or quarterly basis. The term of the «Rentier» deposit can be set to one, two or three years. The minimum amount which can be deposited is 50.000 Euros/USD/GBP or 5.000.000 Rubles.

This scheme does not allow the partial withdrawal or the addition of funds within the duration of the deposit.

A «Rentier» deposit can be placed either as a single or a joint account.

Euro
Deposit amount 12 months 24 months 36 months
50.000 – 100.000 1,05% 1,15% 1,30%
100.001 – 1.000.000 1,25% 1,35% 1,50%
1.000.001 – 5.000.000 1,30% 1,40% 1,55%
US Dollars
Deposit amount 12 months 24 months 36 months
50.000 – 100.000 1,40% 1,55% 1,80%
100.001 – 1.000.000 1,50% 1,60% 1,85%
1.000.001 – 5.000.000 1,55% 1,65% 1,90%
Great Britain Pounds
Deposit amount 12 months 24 months 36 months
50.000 – 100.000 1,30% 1,55% 1,60%
100.001 – 1.000.000 1,40% 1,60% 1,65%
1.000.001 – 5.000.000 1,45% 1,65% 1,70%

The interest rates and the specified terms governing the above fixed term deposit scheme are applicable only for deposits in the amounts and currencies described in the individual scheme above.

The Interest rate and terms governing a deposit applicable to a fixed term deposit for an amount, maturity or currency that is not offered by the aforementioned scheme are subject to the mutual agreement between the depositor and the Bank.