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 Time deposit - is monetary funds on deposit account, deposited by individuals under agreement on Bank deposit for definite time and bringing to its owner income as accrued interests on the deposit. This account is used for keeping of monetary funds and not assigned for payments to third parties.
.In order to put money on time deposit, a customer should have an account in the Bank. Retail marketing specialist fills in deposit certificate for that term which will be chosen by the customer in accordance with interest rates, established by the Bank.
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