GEO
Accumulative Deposit

Accrue for special moments! Flexible conditions and high interest rate.

  • Opening and maintenance of the deposit: Free
  • Deposit term: 3 - 24 months
  • Deposit currency: GEL, USD, EUR
  • Amount to open a deposit:
    • Minimum: 0.01 (GEL/USD/EUR)
    • Maximum: Unlimited
  • Frequency of interest payment: At the end of the deposit term
  • Adding funds to the deposit is possible at any time during the term:
    • Minimum/Maximum: Unlimited (GEL/USD/EUR)
  • In case of early termination of the Accumulation Deposit, a different annual interest rate will apply:
    • In GEL - 1.00%
    • In USD - 0.20%
    • In EUR - 0.10%
  • Partial withdrawal of funds during the deposit term - Not allowed
  • Interest rate type - Fixed

Opening a deposit is possible at any Liberty service center. If you are already using Liberty services, open a deposit easily via mobile banking and get more than standard benefits:

  • Deposit in GEL: +0.3% | Effective interest rate — up to 9.30% 
  • Deposit in USD: +0.15% | Effective interest rate — up to 1.89% 
  • Deposit in EUR: +0.15% | Effective interest rate, EUR — up to 1.59%


For holders of the Studio Liberty premium package within Liberty's personal banking direction, special conditions apply: benefits ranging from +0.5% to 1.9% according to currency and maturity.
Effective interest rate:

  • GEL — up to 9.57%; 
  • USD — up to 3.12%; 
  • EUR — up to 1.94%.

Become Studio.
 

*You can add funds to the Accumulation Deposit using the free Standing Order service

 

Annual Interest Rate - Withdrawal at Maturity

*The effective rate is calculated based on a minimum deposit of 1,000 units, with the condition of interest withdrawal at the end of the term.

Period (Month)

GEL USD EUR 
Nominal Effective Nominal Effective Nominal Effective
3 8.20% 8.45% 0.75% 0.75%    
4 8.20% 8.43% 0.75% 0.75%    
5 8.20% 8.40% 0.75% 0.75%    
6 8.50% 8.68% 1.05% 1.05% 0.55% 0.55%
7-9 8.80% up to 8.96% 1.15% 1.15% 0.65% 0.65%
10-12 9.00% up to 9.06% 1.35% 1.35% 0.95% 0.95%
13-18 9.10% up to 9.07% 1.45% up to 1.45% 1.15% 1.15%
19-24 9.20% up to 8.97% 1.75% up to 1.74% 1.45% 1.44%
 

 

Additional Terms & Conditions that apply to Accumulative Deposit interest rate:

In case the contract is terminated prematurely, the following rates will apply:​

  • GEL: 1.00%
  • USD: 0.20%
  • EUR: 0.10%

As of 1 January 2018, the bank participates in the Deposit Insurance System established on the basis of the Law of Georgia. All sums existing at all individual accounts, regardless of the number of accounts, are insured for each bank and are compensated by the Deposit Insurance Agency up to 50,000 GEL; the remainder shall be compensated as provided under the effective legislation of Georgia.
For more information on deposit insurance systems, see the website of LEPL Deposit Insurance Agency: www.diagency.ge