Term deposit with purchased currency
Save with a favourable currency exchange
Deposit terms
Deposit currency | USD or EUR |
Deposit term | 3 months |
Annual interest rate | 0.01% |
Fee | 0.5% (min UAH 100) |
Minimum deposit amount | USD 500, EUR 500 |
Maximum deposit amount | UAH 200,000 in equivalent / month |
Deposit currency
USD or EUR
Deposit term
3 months
Annual interest rate
0.01%
Fee
0.5% (min UAH 100)
Minimum deposit amount
USD 500, EUR 500
Maximum deposit amount
UAH 200,000 in equivalent / month
Income calculation
Essential characteristics
Essential characteristics of the deposit “Term deposit” (effective from 01.11.2023)
Essential characteristics of a saving facility Term deposit with foreign currency purchase 165 UAH (effective from 01.05.2023)
For customers – private individuals using the service of bank deposit placement
A deposit account is opened for the purpose of making a term deposit, provided the client has a current account with the bank in the same currency as the term deposit to be made and by entering into a supplemental agreement to the Master Agreement for Banking Services Provision to Individuals at JSC “ProCredit Bank” (hereinafter the “Supplemental Agreement”). Early termination and full or partial withdrawal of the term deposit before the expiration thereof are not provided for.
The Bank is prohibited from requiring a customer to purchase any goods or services from the Bank or from any affiliated or related party as a mandatory condition for the provision of these services.
To open a deposit, it is necessary to have a current account in hryvnias and in the currency of the deposit, as well as access to internet banking, which are technically necessary conditions for the provision of this service. The opening of a deposit does not depend on the selection of a paid tariff package or any other additional products of the Bank.
The opening of a deposit account for the placement of a fixed-term deposit funded by purchased foreign currency is only possible provided that the customer purchases foreign currency on the foreign exchange market of Ukraine in an amount not less than that established by the Bank’s tariffs for this type of fixed-term deposit.
In the event of early repayment of a fixed-term deposit, including any enforced debiting of its funds, interest accrued on such deposit from the date of its placement shall be recalculated at the interest rate established by the Bank’s tariffs for demand deposits, applicable as at the date of early repayment or enforced debiting, as set out at the following link.
Following the termination of the agreement on the provision of banking services, including in connection with the expiration, termination or execution of the agreement, the client has the right to contact the bank with a request for information (certificate) regarding the fulfillment by the parties of their obligations established by the agreement, including information on the absence of debt and complete fulfillment of the client's obligations under the contract, which the Bank provides in the form of a paper or electronic document (in accordance with the client's preferences) within five working days from the day the Bank receives the request.
How to open a deposit?
Make sure you have an active account
- If you don’t have an account yet: download the ProCredit Bank Ukraine mobile app to open an account
Send a message via internet banking
- In internet banking, go to the Foreign exchange section and select the Buy currency UFEM subsection.
- In the message field, choose the suggested text about opening a term deposit with purchased currency and specify the required amount and currency (USD or EUR)
Other types of deposits
Savings account
Savings always at hand — additional income with free access to your funds anytime.
Term deposit
Even more benefits: place your funds on a fixed term and earn up to 15,5% on your savings in UAH.
Deposit guarantee
ProCredit Bank ensures reliable protection of your savings under any circumstances. The international financial group we belong to, along with our participation in the Deposit Guarantee Fund, provides an additional level of security. According to Law of Ukraine No. 5542-1, during martial law and for three months after its end, the Deposit Guarantee Fund reimburses depositors in full. After this period, deposit compensation will amount to no less than UAH 600,000.
Useful materials
A detailed guide is available here.
When creating a request, you will see the projected rate at which the funds will be blocked.
According to NBU limits, you can purchase currency for a deposit up to UAH 200,000 per calendar month.
Under NBU restrictions, you can buy currency for a deposit up to UAH 200,000 per calendar month. Other NBU limits can be viewed here.
The commission for buying currency on the FEM is 0.5% of the amount (minimum UAH 100). For clients using a service plan opened before 01.05.2023, the commission is 1.25% of the amount (minimum UAH 100).
When creating a currency purchase request, you will see the projected rate used to block the amount. After the operation is completed, your open deposit and the actual purchase rate will be displayed in your personal account. You can also set a preferred rate for the transaction.
No, this is not possible. You can only purchase currency to open a new foreign currency deposit, with a minimum amount of USD 500 or EUR 500.
According to the Operations schedule, currency purchases on the FEM are available from 9:00 to 13:00 on business days.