Due to system updates, several of the bank’s services will be of-line in the following hours:

- the Internet and Mobile Banking services will be unavailable on 14th June 2019, between 23:30 – 05:30 (total duration: 6 hours)

- international payments through Internet Banking, Mobile Banking and Alo 24 will be unavailable on 15th June 2019, between 07:00 - 15:00 (total duration: 8 hours)

Term deposits

To capitalize on the surplus liquidities available, choose the BCR term deposits.

Features

  • Guaranteed premium and interest rate
  • Depending on the product type and customer request, standard term deposits can be with or without interest capitalization
  • For amounts exceeding 100,000 RON or equivalent, the company benefits from negotiated terms and conditions: non-standard interest rate or maturities; the overnight deposits allow to conclude an automatic establishment agreement

Currency: RON, USD, EUR, GBP, CHF

Maturities:

  • 1, 2, 3, 6, 9, 12 and 18 months for term deposits established in RON,
  • 1, 3, 6, 9, 12 and 18 months for term deposits established in EUR and USD
  • 3, 6 and 12 months for term deposits established in GBP and CHF

Minimum amount for establishment:

  • 5,000 RON, 3,000 USD, 3,000 EUR, 2,000 GBP, 5,000 CHF
  • established exclusively by transfer
  • the interest rate for term deposits is fixed between the establishment of the deposit and its maturity
  • depending on the product type and customer request, term deposits can be with or without interest capitalization
  • depending on the product type and customer request, term deposits can be automatically extended on maturity for a new period of validity
  • for term deposits without capitalization, the interest is added to the current account monthly/periodically or upon maturity, at an equal date with that on which the term deposit is established; for 12-month term deposits in foreign currency, the interest rate can also be added monthly into a current account, depending on the option chosen at the establishment of the term deposit
  • for term deposits with capitalization, the interest is calculated on a monthly basis and is added upon maturity to the relevant term deposit
  • amount deposited can be withdrawn before maturity, obtaining the interest rate associated with the available funds, while also taking into account its evolution
  • any withdrawal request for an amount under a term deposit, before maturity date or upon maturity date of the term deposit, will lead to the settlement of such deposit

Banca Comercială Română takes part in the Deposit guarantee fund of the Romanian banking system, being on the list of credit institutions taking part in the Deposit guarantee fund of the Romanian banking system, under which depositors benefit from guaranteeing their deposits, through the payment of compensation, within the ceiling established periodically by the fund. This list can be examined directly on the internet page of the Deposit guarantee fund of the Romanian banking system, www.fgdb.ro.

Advantages

  • Possibility to opt for a wide range of terms for deposits (1, 2, 3, 6, 9, 12 and 18 months)
  • No fee for opening and funding the term deposit account
  • Term deposits can also be established by using the BCR Service for making operations using Alternative Channels, as well as the MultiCash BCR/e-BCR service
  • The customer can request, after maturity, to establish a deposit account for another amount and another term
  • Upon maturity of the established deposit, depending on the customer’s option, the bank will transfer the amount into the current account or will automatically extend the deposit for an equal term as the initial one
  • Can be used for guaranteeing loans, letters of guarantee or endorsements requested from BCR, as well as for guaranteeing transactions with derivative financial instruments

The fees applied are those included in the applicable Standard rate of fees for operations, in lei and foreign currencies, for corporate customers, while their level can be adjusted depending on bank policy.

Costs

The operations of opening and feeding the term deposit account require no fee.

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