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Deposits & Investment Accounts

Deposits & Investment Accounts

  1. Opening of a joint account

Q.Does the order of names of joint holders in a joint deposit account matter?

A.No, they all have the same rights and obligations.

 

  1. Loss of deposit book

Q.I found out that I have lost my deposits book. What should I do?

A.Inform the bank in writing, notify the other account holders if it’s a joint account, close the account and open a new one.

 

  1. Opening of an investment account

Q.I have saved some capital. The interest rate offered by the Bank’s savings accounts is small. If I want to invest my money more efficiently, what should I pay attention to?

A.Today Banks offer different investment products with attractive conditions. Before you decide to invest your money:

 

  • Review carefully the terms of the contract, not only the amount of the interest rate or yield, which most of the times is paid under certain conditions.

 

  • Verify if there is a guarantee for the investment of capital.

 

  • Ask questions about what is not understood.